Grupo Historical Income Statement
| SIM Stock | USD 32.40 1.11 3.31% |
Historical analysis of Grupo Simec income statement accounts such as Operating Income of 8.7 B, Ebit of 8.7 B, EBITDA of 9.8 B or Cost Of Revenue of 25.4 B can show how well Grupo Simec SAB performed in making a profits. Evaluating Grupo Simec income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grupo Simec's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Grupo Simec SAB latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Grupo Simec SAB is a good buy for the upcoming year.
Grupo |
About Grupo Income Statement Analysis
Grupo Simec SAB Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Grupo Simec shareholders. The income statement also shows Grupo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Grupo Simec Income Statement Chart
Grupo Simec SAB Income Statement is one of the three primary financial statements used for reporting Grupo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Grupo Simec SAB revenue and expense. Grupo Simec Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Grupo Simec's Income Tax Expense is very stable compared to the past year. As of the 19th of May 2024, Interest Expense is likely to grow to about 163.1 M, while Total Revenue is likely to drop about 30.5 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Grupo Simec SAB generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Grupo Simec SAB minus its cost of goods sold. It is profit before Grupo Simec operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Grupo Simec SAB. It is also known as Grupo Simec overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Grupo Simec SAB operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Grupo Simec SAB is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Grupo Simec's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grupo Simec SAB current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Simec SAB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Grupo Simec's Income Tax Expense is very stable compared to the past year. As of the 19th of May 2024, Interest Expense is likely to grow to about 163.1 M, while Total Revenue is likely to drop about 30.5 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 55.6B | 54.2B | 41.2B | 30.5B | Depreciation And Amortization | 1.2B | 784.1M | 1.0B | 750.3M |
Grupo Simec income statement Correlations
Click cells to compare fundamentals
Grupo Simec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Simec income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Income Applicable To Common Shares | (1.6B) | 4.2B | 10.2B | 8.6B | 9.9B | 10.4B | |
| Minority Interest | 24.8M | 26.3M | 122K | 1.6M | 6.1M | 5.8M | |
| Net Income From Continuing Ops | (1.6B) | 4.2B | 10.2B | 8.6B | 3.6B | 3.6B | |
| Tax Provision | 3.3B | 1.3B | 3.4B | 3.3B | 2.9B | 2.2B | |
| Interest Income | 693.6M | 113.2M | 65.3M | 352.3M | 799.0M | 449.7M | |
| Net Interest Income | 90.9M | 59.5M | (22.2M) | 295.9M | 691.3M | 725.9M | |
| Reconciled Depreciation | 1.1B | 1.3B | 1.2B | 1.1B | 1.1B | 952.9M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grupo Simec SAB using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Simec SAB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Grupo Stock analysis
When running Grupo Simec's price analysis, check to measure Grupo Simec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Simec is operating at the current time. Most of Grupo Simec's value examination focuses on studying past and present price action to predict the probability of Grupo Simec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Simec's price. Additionally, you may evaluate how the addition of Grupo Simec to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Grupo Simec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.415 | Earnings Share 2.03 | Revenue Per Share 218.882 | Quarterly Revenue Growth (0.39) | Return On Assets 0.0652 |
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.