Grupo Net Receivables vs Net Working Capital Analysis

SIM Stock  USD 26.91  0.02  0.07%   
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 Net Receivables and its Net Working Capital 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Receivables vs Net Working Capital

Net Receivables vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Simec SAB Net Receivables account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grupo Simec's Net Receivables and Net Working Capital is 0.19. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Working Capital 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 Net Receivables and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Grupo Simec SAB are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Receivables i.e., Grupo Simec's Net Receivables and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Net Working Capital

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 closely tied 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 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 15.72, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue55.6B54.2B41.2B30.5B
Depreciation And Amortization1.2B1.1B1.0B756.5M

Grupo Simec fundamental ratios Correlations

-0.720.610.950.990.92-0.80.90.870.750.88-0.090.750.750.630.770.970.26-0.020.960.89-0.710.330.770.250.76
-0.72-0.43-0.51-0.75-0.840.5-0.64-0.52-0.44-0.92-0.21-0.44-0.53-0.93-0.54-0.74-0.08-0.21-0.55-0.590.96-0.5-0.41-0.24-0.48
0.61-0.430.510.60.56-0.780.770.70.780.610.270.780.560.330.580.6-0.47-0.270.550.74-0.450.50.580.10.56
0.95-0.510.510.920.81-0.770.850.870.720.73-0.220.720.670.410.70.910.39-0.080.980.86-0.530.180.770.170.73
0.99-0.750.60.920.93-0.760.860.820.70.89-0.040.70.750.650.720.970.220.030.920.85-0.750.290.730.270.74
0.92-0.840.560.810.93-0.640.830.740.580.97-0.090.590.820.740.760.930.19-0.040.850.8-0.830.40.760.340.79
-0.80.5-0.78-0.77-0.76-0.64-0.93-0.95-1.0-0.69-0.07-1.0-0.43-0.37-0.66-0.76-0.020.24-0.78-0.940.52-0.53-0.690.07-0.64
0.9-0.640.770.850.860.83-0.930.970.920.84-0.070.920.640.50.790.90.11-0.240.890.99-0.660.530.830.080.81
0.87-0.520.70.870.820.74-0.950.970.940.74-0.10.940.520.410.740.850.23-0.20.890.98-0.530.50.790.020.74
0.75-0.440.780.720.70.58-1.00.920.940.640.061.00.390.310.640.710.0-0.290.740.93-0.460.550.68-0.110.63
0.88-0.920.610.730.890.97-0.690.840.740.640.030.650.720.830.720.90.12-0.030.770.81-0.880.560.680.240.72
-0.09-0.210.27-0.22-0.04-0.09-0.07-0.07-0.10.060.030.06-0.280.17-0.32-0.15-0.560.5-0.26-0.12-0.240.03-0.340.2-0.26
0.75-0.440.780.720.70.59-1.00.920.941.00.650.060.390.320.640.720.0-0.290.740.93-0.470.550.68-0.10.63
0.75-0.530.560.670.750.82-0.430.640.520.390.72-0.280.390.450.840.750.03-0.160.750.64-0.520.220.790.530.75
0.63-0.930.330.410.650.74-0.370.50.410.310.830.170.320.450.480.690.210.320.460.47-0.790.60.270.220.33
0.77-0.540.580.70.720.76-0.660.790.740.640.72-0.320.640.840.480.780.23-0.160.820.84-0.520.490.860.40.77
0.97-0.740.60.910.970.93-0.760.90.850.710.9-0.150.720.750.690.780.31-0.010.930.89-0.70.430.770.240.79
0.26-0.08-0.470.390.220.19-0.020.110.230.00.12-0.560.00.030.210.230.310.20.370.180.020.070.190.010.17
-0.02-0.21-0.27-0.080.03-0.040.24-0.24-0.2-0.29-0.030.5-0.29-0.160.32-0.16-0.010.2-0.11-0.24-0.15-0.19-0.340.5-0.3
0.96-0.550.550.980.920.85-0.780.890.890.740.77-0.260.740.750.460.820.930.37-0.110.9-0.560.270.840.240.78
0.89-0.590.740.860.850.8-0.940.990.980.930.81-0.120.930.640.470.840.890.18-0.240.9-0.60.550.850.110.81
-0.710.96-0.45-0.53-0.75-0.830.52-0.66-0.53-0.46-0.88-0.24-0.47-0.52-0.79-0.52-0.70.02-0.15-0.56-0.6-0.33-0.46-0.26-0.53
0.33-0.50.50.180.290.4-0.530.530.50.550.560.030.550.220.60.490.430.07-0.190.270.55-0.330.34-0.130.33
0.77-0.410.580.770.730.76-0.690.830.790.680.68-0.340.680.790.270.860.770.19-0.340.840.85-0.460.340.350.94
0.25-0.240.10.170.270.340.070.080.02-0.110.240.2-0.10.530.220.40.240.010.50.240.11-0.26-0.130.350.4
0.76-0.480.560.730.740.79-0.640.810.740.630.72-0.260.630.750.330.770.790.17-0.30.780.81-0.530.330.940.4
Click cells to compare fundamentals

Grupo Simec Account Relationship Matchups

Grupo Simec fundamental ratios Accounts

201920202021202220232024 (projected)
Non Currrent Assets Other(1.3B)(669.0M)(485.4M)1.5B808.3M848.7M
Other Stockholder Equity(328.4M)2.5B4.7B4.6B219.9M208.9M
Other Liab4.1B3.8B4.2B4.5B5.2B5.4B
Other Assets1K918.8M1.3B1.8B1.00.95
Property Plant Equipment16.7B16.0B16.1B16.8B19.3B20.3B
Property Plant And Equipment Gross16.7B16.0B39.0B40.3B41.4B43.5B
Net Tangible Assets30.3B31.9B40.3B45.7B52.6B29.3B
Short Long Term Debt5.7M6.0M6.2M5.8M5.1M4.8M
Non Current Liabilities Other585.0M204.4M212.6M86.5M114.7M109.0M
Cash And Equivalents6.5B7.3B13.1B23.3B26.8B28.2B

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When determining whether Grupo Simec SAB is a strong investment it is important to analyze Grupo Simec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Simec's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Metals & Mining space 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
0.749
Earnings Share
2.77
Revenue Per Share
217.976
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0467
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.