Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) - Total Liabilities

Latest as of March 2026: MX$2.37 Trillion MXN ≈ $136.48 Billion USD

Based on the latest financial reports, Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) has total liabilities worth MX$2.37 Trillion MXN (≈ $136.48 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore GFNORTEO long-term investments to assets to see how much of total assets are deployed in long-term investments.

Grupo Financiero Banorte S.A.B. de C.V - Total Liabilities Trend (2000–2025)

This chart illustrates how Grupo Financiero Banorte S.A.B. de C.V's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Grupo Financiero Banorte S.A.B. de C.V balance sheet assets.

Grupo Financiero Banorte S.A.B. de C.V Competitors by Total Liabilities

The table below lists competitors of Grupo Financiero Banorte S.A.B. de C.V ranked by their total liabilities.

Company	Country	Total Liabilities
Credo Technology Group Holding Ltd NASDAQ:CRDO	USA	$284.24 Million
Gree Electric Appliances Inc of Zhuhai SHE:000651	China	CN¥250.71 Billion
Telefonaktiebolaget LM Ericsson (publ) ST:ERIC-B	Sweden	Skr179.98 Billion
Hyundai Heavy Industries Co Ltd KO:329180	Korea	₩18.83 Trillion
Zoetis Inc NYSE:ZTS	USA	$9.76 Billion
DAIKIN INDUSTR.UNSP.ADR F:DKIA	Germany	€2.49 Trillion
Universal Music Group N.V. AS:UMG	Netherlands	€13.39 Billion
Gold Fields Ltd JSE:GFI	South Africa	ZAC4.61 Billion

Liability Composition Analysis (2000–2025)

This chart breaks down Grupo Financiero Banorte S.A.B. de C.V's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See how leveraged is Grupo Financiero Banorte S.A.B. de C.V's balance sheet to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	N/A	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	9.08	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.90	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Grupo Financiero Banorte S.A.B. de C.V's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Grupo Financiero Banorte S.A.B. de C.V (2000–2025)

The table below shows the annual total liabilities of Grupo Financiero Banorte S.A.B. de C.V from 2000 to 2025.

Year	Total Liabilities	Change
2025-12-31	MX$2.35 Trillion ≈ $135.04 Billion	+5.56%
2024-12-31	MX$2.22 Trillion ≈ $127.92 Billion	+9.73%
2023-12-31	MX$2.03 Trillion ≈ $116.58 Billion	+10.63%
2022-12-31	MX$1.83 Trillion ≈ $105.38 Billion	+13.47%
2021-12-31	MX$1.61 Trillion ≈ $92.87 Billion	+3.25%
2020-12-31	MX$1.56 Trillion ≈ $89.94 Billion	+12.92%
2019-12-31	MX$1.38 Trillion ≈ $79.65 Billion	-4.29%
2018-12-31	MX$1.45 Trillion ≈ $83.22 Billion	+19.85%
2017-12-31	MX$1.21 Trillion ≈ $69.44 Billion	+7.21%
2016-12-31	MX$1.13 Trillion ≈ $64.77 Billion	+6.06%
2015-12-31	MX$1.06 Trillion ≈ $61.07 Billion	+9.02%
2014-12-31	MX$973.31 Billion ≈ $56.01 Billion	+8.37%
2013-12-31	MX$898.10 Billion ≈ $51.69 Billion	+8.46%
2012-12-31	MX$828.06 Billion ≈ $47.65 Billion	+10.09%
2011-12-31	MX$752.20 Billion ≈ $43.29 Billion	+39.21%
2010-12-31	MX$540.33 Billion ≈ $31.10 Billion	+3.48%
2009-12-31	MX$522.16 Billion ≈ $30.05 Billion	-2.81%
2008-12-31	MX$537.28 Billion ≈ $30.92 Billion	+112.26%
2007-12-31	MX$253.13 Billion ≈ $14.57 Billion	+22.32%
2006-12-31	MX$206.93 Billion ≈ $11.91 Billion	+22.65%
2005-12-31	MX$168.71 Billion ≈ $9.71 Billion	+5.54%
2004-12-31	MX$159.85 Billion ≈ $9.20 Billion	-19.60%
2003-12-31	MX$198.83 Billion ≈ $11.44 Billion	+6.02%
2002-12-31	MX$187.53 Billion ≈ $10.79 Billion	+96.27%
2001-12-31	MX$95.55 Billion ≈ $5.50 Billion	+0.69%
2000-12-31	MX$94.90 Billion ≈ $5.46 Billion	--

About Grupo Financiero Banorte S.A.B. de C.V

MX:GFNORTEO Mexico Banks - Regional

Market Cap

$31.32 Billion

MX$544.31 Billion MXN

Market Cap Rank

#864 Global

#23 in Mexico

Share Price

MX$196.17

Change (1 day)

+1.18%

52-Week Range

MX$164.44 - MX$208.76

All Time High

MX$208.76