Grupo Simec Sab Stock Current Liabilities

SIMECB Stock  MXN 184.50  0.40  0.22%   
Grupo Simec SAB fundamentals help investors to digest information that contributes to Grupo Simec's financial success or failures. It also enables traders to predict the movement of Grupo Stock. The fundamental analysis module provides a way to measure Grupo Simec's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Grupo Simec stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Grupo Simec SAB Company Current Liabilities Analysis

Grupo Simec's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Grupo Simec Current Liabilities

    
  5.35 B  
Most of Grupo Simec's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grupo Simec SAB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Grupo Simec SAB has a Current Liabilities of 5.35 B. This is 13.59% lower than that of the Metals & Mining sector and 83.53% lower than that of the Materials industry. The current liabilities for all Mexico stocks is 32.32% higher than that of the company.

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Grupo Fundamentals

About Grupo Simec Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Grupo Simec SAB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grupo Simec using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grupo Simec SAB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Grupo Stock

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 main economic indicators.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.