GRUPO SIMEC, S.A.B. de C.V (SIM) Asset Utilization Ratio (2009 - 2024)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Asset Utilization Ratio of 0.37 for Q4 2024, down 26.34% year-over-year from 0.51 in Q1 2024, and down 26.34% on a QoQ basis from 0.51 in Q4 2023.
GRUPO SIMEC, S.A.B. de C.V (SIM) Asset Utilization Ratio (2009 - 2024) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.37 in Q4 2024.
- Asset Utilization Ratio for Q4 2024 came in at 0.37, down 26.34% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.37 (down 26.34% YoY), and the FY2024 annual result was 0.0, down 99.99% from the prior year.
- Asset Utilization Ratio declined to 0.37 in Q4 2024, from 0.51 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.55 in Q4 2022 and troughed at 0.37 in Q4 2024.
- A 3-year average of 0.48 and a median of 0.51 in 2023 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2023, when Asset Utilization Ratio decreased 7.13%; it then declined 26.34% in 2024.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.55 in 2022, then decreased by 7.13% to 0.51 in 2023, then declined by 26.34% to 0.37 in 2024.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.37 in Q4 2024, 0.51 in Q4 2023, and 0.55 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 0.66 |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 0.99 |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 0.64 |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 1.21 |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 1.44 |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 0.95 |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 0.92 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 1.03 |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 1.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.55 |
| Dec 31, 2019 | 0.63 |
| Dec 31, 2018 | 11.42 |
| Dec 31, 2017 | 12.32 |
| Dec 31, 2016 | 13.90 |
| Dec 31, 2014 | 0.32 |
| Dec 31, 2013 | 0.32 |
| Dec 31, 2012 | 0.85 |
| Dec 31, 2011 | 0.88 |
| Dec 31, 2010 | 8.54 |
| Dec 31, 2009 | 8.22 |