GRUPO SIMEC, S.A.B. de C.V (SIM) Long-Term Deferred Tax (2011 - 2023)
GRUPO SIMEC, S.A.B. de C.V's (SIM) quarterly Long-Term Deferred Tax came in at $8.0 million in Q4 2023, down 60.22% year-over-year from $20.1 million in Q4 2022, and down 60.22% quarter-over-quarter from $20.1 million in Q4 2022.
Analysis
GRUPO SIMEC, S.A.B. de C.V (SIM) Long-Term Deferred Tax (2011 - 2023) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has disclosed Long-Term Deferred Tax across 13 years of filings, most recently posting $8.0 million for Q4 2023.
- In Q4 2023, Long-Term Deferred Tax fell 60.22% year-over-year to $8.0 million; the TTM figure through Dec 2023 stood at $8.0 million (down 60.22% YoY), while the FY2023 annual figure was $8.0 million, down 60.22% from the prior year.
- Long-Term Deferred Tax came in at $8.0 million for Q4 2023 at GRUPO SIMEC, S.A.B. de C.V, down from $20.1 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $20.1 million in Q4 2022 to a low of $6.9 million in Q4 2019.
- Average Long-Term Deferred Tax over 5 years is $12.0 million, with a median of $10.8 million recorded in 2020.
- Year-over-year, Long-Term Deferred Tax surged 57.48% in 2020 and plunged 60.22% in 2023.
- Over 5 years, Long-Term Deferred Tax stood at $6.9 million in 2019, then surged by 57.48% to $10.8 million in 2020, then jumped by 31.77% to $14.2 million in 2021, then soared by 41.45% to $20.1 million in 2022, then sank by 60.22% to $8.0 million in 2023.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $8.0 million in Q4 2023, $20.1 million in Q4 2022, and $14.2 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 8.01 Mn |
| Dec 31, 2022 | 20.15 Mn |
| Dec 31, 2021 | 14.24 Mn |
| Dec 31, 2020 | 10.81 Mn |
| Dec 31, 2019 | 6.86 Mn |
| Dec 31, 2018 | 5.77 Mn |
| Dec 31, 2017 | 7.66 Mn |
| Dec 31, 2016 | 5.51 Mn |
| Dec 31, 2015 | 6.05 Mn |
| Dec 31, 2014 | 43.16 Mn |
| Dec 31, 2013 | 631.44 Mn |
| Dec 31, 2012 | 555.15 Mn |
| Dec 31, 2011 | 600.44 Mn |
| Jan 1, 2011 | 617.23 Mn |