Grupo Gross Profit vs Operating Income Analysis
SIM Stock | USD 31.53 1.22 3.73% |
Grupo Simec financial indicator trend analysis is much more than just examining Grupo Simec SAB latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Simec SAB is a good investment. Please check the relationship between Grupo Simec Gross Profit and its Operating Income accounts. 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.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Simec SAB Gross Profit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Grupo Simec's Gross Profit and Operating Income is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Grupo Simec SAB, assuming nothing else is changed. The correlation between historical values of Grupo Simec's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Grupo Simec SAB are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Grupo Simec's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.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 indicators from Grupo Simec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Enterprise Value Over EBITDA is likely to grow to 12.82, while Issuance Of Capital Stock is likely to drop 0.00.
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 fundamental ratios Correlations
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Grupo Simec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Simec fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Non Currrent Assets Other | (1.3B) | (669.0M) | (485.4M) | 1.5B | 808.3M | 848.7M | |
Other Stockholder Equity | (328.4M) | 2.5B | 2.4B | 1.0B | 219.9M | 208.9M | |
Other Liab | 4.1B | 3.8B | 4.2B | 4.5B | 5.2B | 5.4B | |
Other Assets | 1K | 918.8M | 1.3B | 1.8B | 1.0 | 0.95 | |
Property Plant Equipment | 16.7B | 16.0B | 16.1B | 16.8B | 19.3B | 20.3B | |
Property Plant And Equipment Gross | 16.7B | 16.0B | 39.0B | 40.3B | 41.4B | 43.5B | |
Net Tangible Assets | 30.3B | 31.9B | 40.3B | 45.7B | 52.6B | 29.3B | |
Short Long Term Debt | 5.7M | 6.0M | 6.2M | 5.8M | 5.1M | 4.8M | |
Non Current Liabilities Other | 585.0M | 204.4M | 212.6M | 86.5M | 114.7M | 109.0M | |
Cash And Equivalents | 6.5B | 7.3B | 13.1B | 23.3B | 26.8B | 28.2B |
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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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.
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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 1.99 | 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.