Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : A$7.29 Billion

According to Banorte's latest financial reports the company has A$7.29 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Banorte - Cash on Hand chart (from 2010 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$6.66 B	-6.75%
2020-12-31	A$7.14 B	50.74%
2019-12-31	A$4.74 B	-13.25%
2018-12-31	A$5.46 B	9.93%
2017-12-31	A$4.97 B	12.81%
2016-12-31	A$4.40 B	-48.59%
2015-12-31	A$8.57 B	39.98%
2014-12-31	A$6.12 B	14.82%
2013-12-31	A$5.33 B	3.9%
2012-12-31	A$5.13 B	35.65%
2011-12-31	A$3.78 B	-24.15%
2010-12-31	A$4.98 B	-1.06%
2009-12-31	A$5.04 B	-10.04%
2008-12-31	A$5.60 B	28.3%
2007-12-31	A$4.36 B	-14.27%
2006-12-31	A$5.09 B	-1.86%
2005-12-31	A$5.19 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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