Grupo Simec. de Balance Sheet Health
Financial Health criteria checks 6/6
Grupo Simec. de has a total shareholder equity of MX$57.4B and total debt of MX$5.9M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are MX$74.8B and MX$17.4B respectively. Grupo Simec. de's EBIT is MX$5.4B making its interest coverage ratio -3.7. It has cash and short-term investments of MX$28.3B.
Key information
0.01%
Debt to equity ratio
Mex$5.94m
Debt
| Interest coverage ratio | -3.7x |
| Cash | Mex$28.27b |
| Equity | Mex$57.44b |
| Total liabilities | Mex$17.41b |
| Total assets | Mex$74.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4FV's short term assets (MX$49.6B) exceed its short term liabilities (MX$13.4B).
Long Term Liabilities: 4FV's short term assets (MX$49.6B) exceed its long term liabilities (MX$4.1B).
Debt to Equity History and Analysis
Debt Level: 4FV has more cash than its total debt.
Reducing Debt: 4FV's debt to equity ratio has reduced from 0.02% to 0.01% over the past 5 years.
Debt Coverage: 4FV's debt is well covered by operating cash flow (98727%).
Interest Coverage: 4FV earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:13 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grupo Simec, S.A.B. de C.V. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jean Bruny | BBVA Corporate and Investment Bank |
| Edmo Chagas | BTG Pactual |
| Rodrigo Heredia Matarazzo | Caixa Geral de Depositos (CGD) Securities |