Grupo Simec, S.A.B. de C.V.

Grupo Simec, S.A.B. de C.V.verified

SIM

Price:

$28.63

Market Cap:

$95.31B

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel product...[Read more]

Industry

Steel

IPO Date

1993-07-01

Stock Exchange

AMEX

Ticker

SIM

The Current Ratio as of September 2024 (TTM) for Grupo Simec, S.A.B. de C.V. (SIM) is 3.59

According to Grupo Simec, S.A.B. de C.V.’s latest financial reports and current stock price. The company's current Current Ratio is 3.59. This represents a change of 5.38% compared to the average of 3.40 of the last 4 quarters.

Grupo Simec, S.A.B. de C.V. (SIM) Historical Current Ratio (quarterly & annually)

How has SIM Current Ratio performed in the past?

The mean historical Current Ratio of Grupo Simec, S.A.B. de C.V. over the last ten years is 3.30. The current 3.59 Current Ratio has changed 10.76% with respect to the historical average. Over the past ten years (40 quarters), SIM's Current Ratio was at its highest in in the December 2016 quarter at 4.17. The Current Ratio was at its lowest in in the March 2020 quarter at 2.67.

Quarterly (TTM)
Annual

Average

3.30

Median

3.25

Minimum

2.67

Maximum

4.17

Grupo Simec, S.A.B. de C.V. (SIM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Grupo Simec, S.A.B. de C.V. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 28.69%

Maximum Annual Current Ratio = 4.17

Minimum Annual Increase = -15.52%

Minimum Annual Current Ratio = 2.67

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.2910.20%
20222.99-13.13%
20213.4428.69%
20202.67-4.22%
20192.79-12.94%
20183.21-15.52%
20173.79-8.98%
20164.1715.11%
20153.6219.28%
20143.04-11.84%

Grupo Simec, S.A.B. de C.V. (SIM) Average Current Ratio

How has SIM Current Ratio performed in the past?

The current Current Ratio of Grupo Simec, S.A.B. de C.V. (SIM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.24

5-year avg

3.04

10-year avg

3.30

Grupo Simec, S.A.B. de C.V. (SIM) Current Ratio vs. Peers

How is SIM’s Current Ratio compared to its peers?

Grupo Simec, S.A.B. de C.V.’s Current Ratio is greater than Ascent Industries Co. (3.16), greater than Schnitzer Steel Industries, Inc. (1.96), less than Mesabi Trust (6.35), less than Algoma Steel Group Inc. (4.19), greater than TimkenSteel Corporation (2.64), less than Olympic Steel, Inc. (3.77), less than Universal Stainless & Alloy Products, Inc. (4.36), greater than POSCO Holdings Inc. (2.03), greater than Outokumpu Oyj (1.67), greater than BlueScope Steel Limited (1.97), greater than Salzgitter AG (1.73), greater than Stelco Holdings Inc. (1.85), greater than Ternium S.A. (2.74), less than Reliance Steel & Aluminum Co. (5.02),

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Frequently asked questions❓

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