SIMGrupo Simec, S.A.B. de C.V.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -59% · now 19% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can SIM take a bad year?
Grupo Simec, S.A.B. de C.V. holds $29.2B more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Interest cover
- 2039×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 43%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2024
- $6.2M
- Cash and short-term investments
- $29.2B
- Net cash
- $29.2B
- EBITDA, trailing twelve months
- $8.68B
- Operating profit, trailing twelve months
- $7.61B
- Debt / equity
- 0.00×
- Total debt / EBITDA
- 0.00×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −59%
- Below its 52-week high
- 19%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Steel
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