Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : NZ$7.36 B

According to Banorte's latest financial reports the company has NZ$7.36 B 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	NZ$7.05 B	-7.67%
2020-12-31	NZ$7.64 B	55.27%
2019-12-31	NZ$4.92 B	-14.23%
2018-12-31	NZ$5.73 B	4.98%
2017-12-31	NZ$5.46 B	19.17%
2016-12-31	NZ$4.58 B	-49.8%
2015-12-31	NZ$9.13 B	42.97%
2014-12-31	NZ$6.38 B	10.29%
2013-12-31	NZ$5.79 B	-10.97%
2012-12-31	NZ$6.50 B	30.88%
2011-12-31	NZ$4.97 B	-24.62%
2010-12-31	NZ$6.59 B	4.98%
2009-12-31	NZ$6.28 B	-8.35%
2008-12-31	NZ$6.85 B	38.67%
2007-12-31	NZ$4.94 B	-13.31%
2006-12-31	NZ$5.70 B	2.58%
2005-12-31	NZ$5.55 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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