Grupo Financiero Banorte. de Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Financiero Banorte. de has total assets of MX$2,420.0B and total equity of MX$253.2B. Total deposits are MX$1,073.9B, and total loans are MX$1,124.0B.
Key information
9.6x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | Mex$1.07t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | Mex$125.74b |
Recent financial health updates
No updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: GFNORTE O's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: GFNORTE O has a sufficient allowance for bad loans (178%).
Low Risk Liabilities: 50% of GFNORTE O's liabilities are made up of primarily higher risk sources of funding.
Loan Level: GFNORTE O has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: GFNORTE O's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: GFNORTE O has an appropriate level of bad loans (1%).