GRUPO SIMEC, S.A.B. de C.V (SIM) Long-Term Deferred Tax (2012 - 2023)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Long-Term Deferred Tax of $8.0 million for Q4 2023, down 60.22% year-over-year from $20.1 million in Q4 2022, and down 60.22% on a QoQ basis from $20.1 million in Q4 2022.
GRUPO SIMEC, S.A.B. de C.V (SIM) Long-Term Deferred Tax (2012 - 2023) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Long-Term Deferred Tax for 12 years, with the latest figure at $8.0 million in Q4 2023.
- Long-Term Deferred Tax for Q4 2023 came in at $8.0 million, down 60.22% year-over-year; the trailing twelve-month figure through Dec 2023 was $8.0 million (down 60.22% YoY), and the FY2023 annual result was $8.0 million, down 60.22% from the prior year.
- Long-Term Deferred Tax fell to $8.0 million in Q4 2023, from $20.1 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $20.1 million in Q4 2022 and troughed at $6.9 million in Q4 2019.
- A 5-year average of $12.0 million and a median of $10.8 million in 2020 frame the typical range for Long-Term Deferred Tax.
- The widest annual swing landed in 2020, when Long-Term Deferred Tax jumped 57.48%; it then sank 60.22% in 2023.
- A 5-year view of Long-Term Deferred Tax shows it stood at $6.9 million in 2019, then jumped by 57.48% to $10.8 million in 2020, then soared by 31.77% to $14.2 million in 2021, then surged 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 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 |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn |
Historic Data
Download 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 Bn |
| Dec 31, 2015 | 6.05 Bn |
| Dec 31, 2014 | 598,732.00 |
| Dec 31, 2013 | 631,438.00 |
| Dec 31, 2012 | 555.15 Bn |