Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : S$6.15 Billion

According to Banorte's latest financial reports the company has S$6.15 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	S$6.53 B	-10.16%
2020-12-31	S$7.26 B	62.45%
2019-12-31	S$4.47 B	-14.92%
2018-12-31	S$5.25 B	1.32%
2017-12-31	S$5.19 B	12.91%
2016-12-31	S$4.59 B	-47.95%
2015-12-31	S$8.83 B	33.39%
2014-12-31	S$6.62 B	9.87%
2013-12-31	S$6.02 B	-7.6%
2012-12-31	S$6.52 B	29.82%
2011-12-31	S$5.02 B	-23.03%
2010-12-31	S$6.52 B	2.66%
2009-12-31	S$6.35 B	12.44%
2008-12-31	S$5.65 B	2.89%
2007-12-31	S$5.49 B	-10.78%
2006-12-31	S$6.16 B	-2.62%
2005-12-31	S$6.32 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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