Grupo Simec, S.A.B. de C.V. Interest Expense 2011-2026 | SIM

Interest expense is the amount of interest a company is obligated to pay to creditors for using debt financing (bank loans, bonds, leasing, etc.) during the reporting period.

Includes:

Interest on bank loans
Interest on corporate bonds
Interest on leases
Interest on credit lines and overdrafts

High interest expenses indicate a high debt burden — the company may be vulnerable to rising rates or declining revenue.

Low interest expenses with high profits are a sign of financial stability.

Annual Interest Expense Grupo Simec, S.A.B. de C.V.

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
3.73 M	154 M	56.4 M	87.4 M	53.7 M	55 M	16.5 M	54.4 M	40.2 M	-	-	-	-	-

All numbers in MXN currency

Indicator range from annual reports

Maximum	Minimum	Average
154 M	3.73 M	57.9 M

Interest Expense of other stocks in the Steel industry

Issuer	Interest Expense	Price	% 24h	Market Cap	Country
Cleveland-Cliffs CLF	-37 M	$ 14.05	-1.75 %	$ 6.74 B	USA
Friedman Industries, Incorporated FRD	2.22 M	$ 19.61	-3.78 %	$ 139 M	USA
ArcelorMittal MT	510 M	$ 48.67	0.54 %	$ 28.5 B	Luxembourg
Nucor Corporation NUE	228 M	$ 174.18	-0.35 %	$ 41.5 B	USA
Ternium S.A. TX	196 M	$ 41.86	-0.11 %	$ 76.9 B	Luxembourg
POSCO PKX	1.05 T	$ 55.21	-6.47 %	$ 7.8 B	South-korea
Commercial Metals Company CMC	50.7 M	$ 74.21	-1.86 %	$ 8.39 B	USA
Olympic Steel ZEUS	-93 K	$ 49.09	-3.35 %	$ 573 M	USA
ZK International Group Co., Ltd. ZKIN	164 K	$ 1.57	-1.87 %	$ 53.9 M	China
Reliance Steel & Aluminum Co. RS	20.2 M	$ 322.76	0.07 %	$ 18 B	USA
Schnitzer Steel Industries SCHN	26.9 M	-	-0.57 %	$ 932 M	USA
Steel Dynamics STLD	96.2 M	$ 173.54	-0.9 %	$ 27 B	USA
Synalloy Corporation SYNL	448 K	-	1.1 %	$ 142 M	USA
TimkenSteel Corporation TMST	-5 M	-	1.14 %	$ 935 M	USA
United States Steel Corporation X	159 M	-	-	$ 12.4 B	USA
Universal Stainless & Alloy Products USAP	8.41 M	-	-	$ 409 M	USA
Worthington Industries WOR	2.09 M	$ 53.44	-1.96 %	$ 2.64 B	USA