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	1 M	$ 9.15	1.11 %	$ 4.65 B	USA
ArcelorMittal MT	577 M	$ 60.96	0.63 %	$ 28.5 B	Luxembourg
Nucor Corporation NUE	170 M	$ 187.38	0.68 %	$ 43.2 B	USA
Ternium S.A. TX	214 M	$ 42.54	1.79 %	$ 76.9 B	Luxembourg
ZK International Group Co., Ltd. ZKIN	132 K	$ 1.41	3.31 %	$ 8 M	China
POSCO PKX	1.05 T	$ 61.76	-2.23 %	$ 7.8 B	South-korea
Reliance Steel & Aluminum Co. RS	12.2 M	$ 320.5	-0.61 %	$ 16.8 B	USA
Steel Dynamics STLD	96.2 M	$ 191.16	0.31 %	$ 29.7 B	USA
Schnitzer Steel Industries SCHN	26.9 M	-	-0.57 %	$ 932 M	USA
Worthington Industries WOR	2.09 M	$ 54.81	-0.72 %	$ 2.71 B	USA
Friedman Industries, Incorporated FRD	2.22 M	$ 18.04	-1.42 %	$ 128 M	USA
Synalloy Corporation SYNL	753 K	-	1.1 %	$ 142 M	USA
TimkenSteel Corporation TMST	900 K	-	1.14 %	$ 935 M	USA
Universal Stainless & Alloy Products USAP	8.41 M	-	-	$ 409 M	USA
Commercial Metals Company CMC	50.7 M	$ 65.15	-0.93 %	$ 7.36 B	USA
United States Steel Corporation X	159 M	-	-	$ 12.4 B	USA
Olympic Steel ZEUS	-93 K	-	-	$ 559 M	USA