Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : £10.26 Billion

According to Banorte's latest financial reports the company has £10.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Banorte - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£10.16 B	18.27%
2021-12-31	$£8.59 B	3.47%
2020-12-31	$£8.30 B	5.08%
2019-12-31	$£7.90 B	12.93%
2018-12-31	$£6.99 B	25.9%
2017-12-31	$£5.55 B	-0.34%
2016-12-31	$£5.57 B	3.9%
2015-12-31	$£5.36 B	-1.26%
2014-12-31	$£5.43 B	7.46%
2013-12-31	$£5.05 B	18.57%
2012-12-31	$£4.26 B	20.65%
2011-12-31	$£3.53 B	34%
2010-12-31	$£2.63 B	24.21%
2009-12-31	$£2.12 B	7.75%
2008-12-31	$£1.97 B	24.9%
2007-12-31	$£1.57 B	19.17%
2006-12-31	$£1.32 B	8.57%
2005-12-31	$£1.21 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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Banorte (GFNORTEO.MX) - Net assets