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SIMGrupo Simec, S.A.B. de C.V.
$29.64$4.9B
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HomeStocksSIMBalance Sheet

Grupo Simec, S.A.B. de C.V. (SIM) Balance Sheet

30Y historyFree accessUpdated daily

The company has aggressively expanded its asset base to $73.8 billion by 2026Q1, primarily through the accumulation of $28.3 billion in cash rather than operational scaling.

SIM Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Dec'02Dec'00Dec'99Dec'98Dec'97Dec'96Dec'95
Total Current Assets47.32B45.92B49.98B41.74B43.52B1.75B1.22B1.29B27.78B26.08B23.01B18.59B17.67B16.2B17.43B16.2B13.41B175.8B13.05B14.43B9.52B6.74B2.79B1.26B843.43M775.38M1.06B918.87M894.88M734.5M626.42M
Cash & Short-Term Investments28.27B28.59B29.16B23.58B21.55B739.32M387.83M394.33M6.99B7.31B7.96B6.8B7.31B6.98B8.1B6.54B3.38B1.95B576.74M6.38B2.12B208.22M504.83M514.5M109.08M116.33M356.96M207.71M148.34M38.58M27.74M
Cash Only28.27B28.59B29.16B23.58B21.55B739.32M387.83M394.33M6.9B7.22B7.54B6.47B7B6.98B8.1B6.54B3.38B1.95B576.74M6.38B2.12B208.22M504.83M514.5M109.08M116.33M356.96M207.71M148.34M38.58M27.74M
Short-Term Investments0000000088.95M88.95M428.42M321.58M305.08M000000000000000000
Accounts Receivable9.33B7.88B8.63B5.79B7.71B360.92M333.33M421.51M4.82B6.8B3.2B2.75B2.93B2.46B2.33B3.71B3.32B3.69B3.36B3.06B2.42B2.71B1.17B434.68M459.18M389.33M393M391.68M433.74M382.6M332.09M
Days Sales Outstanding57.2785.4593.5651.2551.942.373.394.549.386.5742.4740.0139.8736.8928.6146.2649.355.3234.8646.3538.976.7575.5757.1479.3364.3566.815771.4164.1173.37
Inventory9.33B9.27B11.78B10.2B12.79B574.06M455.38M436.52M10.14B8.21B7.18B7.77B6.52B5.93B6.25B5.76B6.61B98.64B8.85B4.92B4.87B3.64B1.13B287.97M269.19M266.89M301.69M316.51M311.19M307.81M255.81M
Days Inventory Outstanding90.39129.95165.2121.76117.655.245.695.3121.08125.28115.09129.1993.3796.687.7182.05117.47162.93108.4187.7996.39128.83124.8657.6269.566.7792.2974.9780.2381.2392.01
Other Current Assets388.46M04.35B2.16B00003.36B04.24B1.2B771.38M637.51M408.04M01.22B00-15.72M10.79K58.79M18.84M14.26M5.97M2.83M3.4M2.97M1.61M5.51M10.79M
Total Non-Current Assets26.49B25.69B24.83B25.05B24.11B1.07B1.07B1.15B20.42B19.33B18.63B18.13B18.22B17.08B15.26B15.07B13.71B221.98B17.77B8.37B7.88B7.77B6.13B4.73B4.38B4.03B4.03B4.12B3.59B3.57B3.3B
Property, Plant & Equipment22.14B21.24B19.65B17.95B16.78B782.45M800.5M886.34M16.97B15.73B14.49B13.51B13.62B12.17B9.93B9.48B9.45B128.21B10.29B7.89B7.33B7.07B5.76B4.4B3.99B3.66B3.67B3.77B3.26B3.27B3.06B
Fixed Asset Turnover2.50x1.58x1.71x2.30x3.23x71.09x44.81x38.55x2.10x1.82x1.90x1.86x1.97x2.00x3.00x3.09x2.60x1.97x3.42x3.05x3.09x1.82x0.98x0.63x0.53x0.60x0.59x0.67x0.68x0.67x0.54x
Goodwill1.81B1.82B1.81B1.81B1.81B88.65M91.05M96.07M1.81B1.81B1.81B1.81B1.81B1.81B1.81B1.81B1.81B1.81B4.17B000000000000
Intangible Assets422.15M474.94M446.75M420.6M511.1M21.51M21.93M27.59M485.89M582.99M730.11M913.39M1.09B1.4B1.84B138.67M2.29B2.55B2.92B172.49M180.76M614.73B000000000
Long-Term Investments2.45B641.79M1.34B1.46B1.76B83.97M83.16M83.22M2.33B-145.28M-109.12M-101.36M0000000000000000000
Other Non-Current Assets1.44B1.51B1.58B3.4B3.24B77.53M64.35M50.86M-1.3B1.2B1.6B1.89B1.7B1.69B1.68B3.64B155.62M1.85B387.49M313.42M370.62M-614.03B368.44M329.23M385.59M367.23M357.28M356.08M333.77M305.45M237.31M
Total Assets73.81B71.6B74.81B66.79B67.63B2.82B2.29B2.45B48.2B45.41B41.64B36.72B35.9B33.28B32.69B31.27B27.12B397.78B30.81B22.8B17.4B14.51B8.92B5.99B5.22B4.8B5.08B5.04B4.49B4.31B3.92B
Asset Turnover0.73x0.47x0.45x0.62x0.80x19.75x15.65x13.97x0.74x0.63x0.66x0.68x0.75x0.73x0.91x0.94x0.91x0.64x1.14x1.06x1.30x0.89x0.64x0.46x0.40x0.46x0.42x0.50x0.49x0.51x0.42x
Asset Growth %-11.38%-4.29%12.01%-1.25%2301.39%22.9%-6.3%-94.93%6.13%9.07%13.4%2.29%7.86%1.81%4.53%15.3%-93.18%1190.9%35.17%31.05%19.93%62.64%48.99%14.61%8.77%-5.51%0.8%12.37%4.13%9.82%4.54%
Total Current Liabilities8.2B8.37B11.66B13.61B15.15B532.59M419.95M493.76M8.67B6.87B5.52B5.13B5.82B4.7B3.8B3.82B3.9B52.94B5.26B2.85B2.8B2.7B906.41M323.46M852.87M1.1B675.07M382.78M470.82M2.67B1.37B
Accounts Payable3.31B3.05B4.56B8.36B9.41B337.67M268.37M221.34M4.73B3.98B2.84B3.99B4.41B3.77B2.33B2.29B2.16B1.9B3.4B2.1B1.78B1.46B606.52M206.29M208.38M318M282.43M279.65M270.88M422.75M172.59M
Days Payables Outstanding26.8242.863.8999.8186.553.083.352.6956.4360.7745.4466.3263.1761.4832.7332.6938.453.1341.6537.5435.2751.767.2441.2853.879.5686.466.2469.84111.5662.08
Short-Term Debt5.47M5.43M6.19M5.1M5.85M302.76K302.13K301.84K5.94M5.96M6.24M5.24M4.45M3.95M3.92M4.22M3.73M3.94M12.86M3.28M3.28M20.91M161.21M22.4M344.32M740.34M357.6M114.74M188.65M2.09B1.05B
Deferred Revenue (Current)000000002.2B1.36B1.01B654.43M838.9M421.42M245.34M246.25M434.22M2.74B4.17B2.67T2.01T1.5T8.56M8.82M0000000
Other Current Liabilities3.87B3.53B4.55B3.23B-697.63M86.6M89.15M212.88M2.2B2.4B2.01B926.73M830.72M414.54M66.91M35.46M709.38M49.21B674.83M342.27M995.34M1.2B129.82M85.95M300.17M40.01M35.04M-11.6M11.29M159.02M143.31M
Current Ratio5.77x5.49x4.29x3.07x2.87x3.28x2.90x2.62x3.21x3.79x4.17x3.62x3.04x3.44x4.58x4.24x3.44x3.32x2.48x5.05x3.40x2.50x3.08x3.88x0.99x0.71x1.56x2.40x1.90x0.28x0.46x
Quick Ratio4.63x4.38x3.28x2.32x2.03x2.20x1.82x1.74x2.04x2.60x2.87x2.11x1.92x2.18x2.94x2.73x1.75x1.46x0.80x3.33x1.66x1.15x1.84x2.99x0.67x0.46x1.12x1.57x1.24x0.16x0.27x
Cash Conversion Cycle120.84172.59194.8673.2183.034.535.737.11113.95151.08112.12102.8770.0772.0183.5995.62128.36165.11101.6296.6100.02153.88133.1973.4895.0351.5672.765.7381.833.78103.31
Total Non-Current Liabilities3.77B3.75B3.95B4.01B4.48B233.37M206.35M225.09M4.35B5.21B2.91B2.05B2.29B2.3B3.07B3.18B2.76B57.02B4.25B2.72B2.1B2.23B1.45B1.05B774.73M2.62B2.57B2.92B2.49B22.83M1.1B
Long-Term Debt000000000000000000000389.32M004.75M1.94B2.54B2.89B2.45B0928.45M
Capital Lease Obligations0000000000000000000000000000000
Deferred Tax Liabilities14.41B3.53B03.82B4.22B215.02M185.29M187.58M3.51B4.4B2.3B1.92B2.16B2.21B2.99B3.07B2.67B2.74B4.17B2.67B2.01B1.5B1.43B1.04B766.38M670.03M2.32M2.97M3.22M3.94M0
Other Non-Current Liabilities241.69M219.67M3.95B187.57M261.74M18.35M21.06M37.51M844.9M4.18B2.91B2.05B2.29B2.3B81.39M106M2.76B54.28B4.25B56.5M89.89M277.09M21.16M8.96M3.61M8.95M32.68M31.65M32.25M18.89M167.2M
Total Liabilities11.97B12.12B15.61B16.98B19.64B765.96M626.3M718.86M13.02B12.08B8.43B7.19B8.12B7B6.87B7B6.66B109.96B9.51B5.58B4.9B4.93B2.36B1.37B1.63B3.72B3.25B3.31B2.96B2.69B2.46B
Total Debt5.47M5.43M6.19M5.1M5.85M302.76K302.13K301.84K5.94M5.96M6.24M5.24M4.45M3.95M3.92M711.68M605.9M51.6M12.86M3.28M3.28M410.23M156.02M22.4M349.07M2.68B2.9B3B2.64B2.09B1.98B
Net Debt-28.26B-28.59B-29.15B-23.58B-21.54B-739.02M-387.53M-394.02M-6.89B-7.21B-7.53B-6.47B-7B-6.98B-8.1B-5.83B-2.78B-1.9B-563.89M-6.38B-2.12B202M-348.82M-492.09M239.99M2.57B2.54B2.8B2.49B2.05B1.95B
Debt / Equity0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.03x0.03x0.00x0.00x0.00x0.00x0.04x0.02x0.00x0.10x2.48x1.58x1.73x1.73x1.29x1.36x
Debt / EBITDA0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.20x0.28x0.01x0.00x0.00x0.00x0.22x0.08x0.03x0.85x6.69x5.78x6.32x6.79x5.53x6.27x
Net Debt / EBITDA-2.75x-4.48x-4.23x-2.51x-1.75x-0.05x-0.06x-0.11x-1.34x-1.44x-1.55x-2.28x-5.30x-3.80x-2.22x-1.62x-1.27x-0.41x-0.14x-2.34x-0.63x0.11x-0.17x-0.73x0.58x6.40x5.07x5.88x6.41x5.43x6.19x
Interest Coverage24.00x3360.39x3360.39x75.54x199.05x159.22x91.72x30.73x255.34x56.46x132.97x-60.96x31.07x25.66x88.18x132.82x5.66x-8.19x39.63x148876.41x-----------
Total Equity61.84B59.48B59.2B49.81B47.99B2.05B1.67B1.73B35.18B33.33B33.21B29.53B27.78B26.27B25.82B24.27B20.46B287.81B21.31B17.22B12.5B9.57B6.56B4.61B3.6B1.08B1.83B1.73B1.53B1.62B1.46B
Equity Growth %13.39%0.48%18.85%3.78%2240.67%23.13%-3.57%-95.09%5.53%0.37%12.45%6.31%5.73%1.77%6.38%18.63%-92.89%1250.89%23.74%37.8%30.52%45.88%42.3%28.27%232.6%-41.07%5.79%13.37%-5.47%10.92%-2.33%
Book Value per Share403.06358.43356.88300.24311.4013.2910.7811.14215.58201.02204.80179.92169.13159.79155.62146.28123.311734.84131.81108.8389.0069.4149.3512.9012.166.1626.6810.8422.7978.1066.13
Total Shareholders' Equity61.81B59.46B59.17B49.78B47.96B2.05B1.66B1.73B35.5B33.45B33.32B29.07B27.04B24.95B23.88B22.09B18.67B254.61B18.18B14.83B10.32B7.78B6.56B4.61B3.59B1.08B1.81B1.71B1.51B1.59B1.44B
Common Stock2.83B2.42B2.42B2.83B2.83B118.26M121.46M128.16M2.83B2.83B2.83B2.83B2.83B2.83B2.83B4.14B4.14B54.2B4.14B4.02B3.63B3.46B3.27B3.08B2.63B1.15B1.05B937.67M000
Retained Earnings56.08B54.49B60.86B42.38B38.1B1.49B1.05B1.06B29.29B22.26B21.05B20.28B19.38B17.95B17.16B12.94B10.32B141.01B9.51B8.53B6.77B4.49B3.11B1.62B1.28B836M798.37M314.53M357.95M242.47M-126.36M
Treasury Stock-4.61B-4.61B-4.48B-4.36B-2.27B-106.34M-105.48M-109.07M00000000000000000000000
Accumulated OCI2.94B2.15B-4.2B400.31M2.45B307.43M345.54M383.94M3.71B4.05B4.84B2.23B927.16M11.92M-268.41M799.36M406.51M4.33B324.3M-868.37M-1.04B-1.01B-463.26M-712.48M-915.98M-906.12M-44.41M456.96M000
Minority Interest29.18M19.04M25.11M27.24M37.65M2.01M1.81M1.31M-323.37M-113.74M-105.19M464.61M740.8M1.33B1.94B2.18B1.78B33.21B3.12B2.39B2.17B1.8B310.97K246.2K238.96K192.77K26.61M24.73M23.38M22.83M18.49M

Key Metrics

Growth RegimeMixed
ProfitabilityStrong
Balance SheetFortress
Cash FlowMixed
Top Statement Risk

Excessive cash-to-revenue concentration

Asset Base Expansion Through Liquidity

According to recent quarterly filings, Grupo Simec has significantly expanded its total asset base from $4.0 billion in 2023Q4 to $73.8 billion by 2026Q1, a trend primarily driven by the aggressive accumulation of cash and equivalents rather than industrial capacity growth or operational scaling.

The rapid inflation of the balance sheet appears to be a function of capital retention rather than organic business expansion. Investors should monitor whether this trajectory reflects a deliberate strategy to build a war chest or an inability to identify accretive investment opportunities within the steel sector.

Excessive Liquidity Buffers Operational Risks

Based on the company's reported figures, the current ratio has improved from 3.22 in 2023Q4 to 5.77 in 2026Q1, indicating that Grupo Simec maintains an exceptionally high liquidity buffer that far exceeds the requirements of its cyclical, capital-intensive steel manufacturing operations.

This elevated liquidity profile suggests the company is well-insulated against short-term shocks or supply chain disruptions. However, the persistent maintenance of such high current assets may imply a drag on overall capital efficiency and return on equity metrics.

Retained Earnings Drive Equity Growth

As reported in financial statements, equity has surged from $2.9 billion in 2023Q4 to $61.8 billion in 2026Q1, with retained earnings serving as the primary engine for this growth, rising to $56.1 billion over the same period, reflecting a highly conservative dividend and capital return policy.

The reliance on retained earnings to bolster the equity base suggests that management is prioritizing balance sheet fortification over direct shareholder distributions. This approach may limit the stock's appeal to income-oriented investors while simultaneously creating a massive, underutilized capital base.

Cash Concentration Distorts Financial Reality

Based on the provided balance sheet data, the $28.6 billion cash position as of 2025Q4 represents a significant distortion, as it nearly equals the company's total annual revenue, effectively transforming the entity into a hybrid of a steel manufacturer and a massive, unleveraged cash-holding vehicle.

This idiosyncratic balance sheet structure makes traditional valuation metrics like P/E or EV/EBITDA potentially misleading for analysts. The lack of debt, while providing a fortress-like appearance, warrants further investigation into whether this capital is being managed for optimal yield or if it remains stagnant.

SIM — Frequently Asked Questions

Quick answers to the most common questions about buying SIM stock.

What are the total assets of Grupo Simec, S.A.B. de C.V. (SIM)?

As of 2025, Grupo Simec, S.A.B. de C.V. (SIM) had total assets of $71.60B including $45.92B in current assets.

How much debt does Grupo Simec, S.A.B. de C.V. (SIM) have?

Grupo Simec, S.A.B. de C.V. (SIM) carries total debt of $5.4M, offset by $28.59B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Grupo Simec, S.A.B. de C.V.?

Grupo Simec, S.A.B. de C.V. (SIM) has total shareholders' equity (book value) of $59.46B ($358.43 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Grupo Simec, S.A.B. de C.V.'s current ratio and liquidity?

Grupo Simec, S.A.B. de C.V. (SIM) reported a current ratio of 5.49x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.