Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : €4.37 Billion

According to Banorte's latest financial reports the company has €4.37 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	€4.26 B	-4.52%
2020-12-31	€4.46 B	50.77%
2019-12-31	€2.96 B	-11.95%
2018-12-31	€3.36 B	4.04%
2017-12-31	€3.23 B	7.11%
2016-12-31	€3.02 B	-47.12%
2015-12-31	€5.71 B	38.59%
2014-12-31	€4.12 B	19.62%
2013-12-31	€3.44 B	-14.58%
2012-12-31	€4.03 B	34.98%
2011-12-31	€2.98 B	-21.58%
2010-12-31	€3.81 B	20.51%
2009-12-31	€3.16 B	11.76%
2008-12-31	€2.82 B	8.13%
2007-12-31	€2.61 B	-14.08%
2006-12-31	€3.04 B	-5.08%
2005-12-31	€3.20 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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