Grupo Simec, S.A.B. de C.V. Interest Expense 2011-2025 | 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	$ 12.47	-1.89 %	$ 5.99 B	USA
Friedman Industries, Incorporated FRD	2.22 M	$ 20.57	0.78 %	$ 146 M	USA
ArcelorMittal MT	510 M	$ 45.91	-0.68 %	$ 28.5 B	Luxembourg
Nucor Corporation NUE	228 M	$ 161.07	-2.43 %	$ 38.4 B	USA
Commercial Metals Company CMC	50.7 M	$ 70.74	0.27 %	$ 7.99 B	USA
POSCO PKX	1.05 T	$ 54.28	0.79 %	$ 7.8 B	South-korea
Steel Dynamics STLD	96.2 M	$ 166.35	-3.27 %	$ 25.9 B	USA
Schnitzer Steel Industries SCHN	26.9 M	-	-0.57 %	$ 932 M	USA
Reliance Steel & Aluminum Co. RS	20.2 M	$ 290.31	-0.42 %	$ 16.2 B	USA
Ternium S.A. TX	196 M	$ 37.73	-1.19 %	$ 76.9 B	Luxembourg
Olympic Steel ZEUS	-93 K	$ 41.33	-3.23 %	$ 483 M	USA
ZK International Group Co., Ltd. ZKIN	164 K	$ 1.88	-5.28 %	$ 64.6 M	China
Synalloy Corporation SYNL	448 K	-	1.1 %	$ 142 M	USA
TimkenSteel Corporation TMST	-5 M	-	1.14 %	$ 935 M	USA
Universal Stainless & Alloy Products USAP	8.41 M	-	-	$ 409 M	USA
Worthington Industries WOR	2.09 M	$ 57.7	-0.52 %	$ 2.85 B	USA
United States Steel Corporation X	159 M	-	-	$ 12.4 B	USA