Grupo SimecB de CV (Grupo SimecB de CV) Accumulated Depreciation

: $-1,374 Mil (As of Dec. 2023)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Grupo SimecB de CV's quarterly accumulated depreciation increased from Jun. 2023 ($-1,341 Mil) to Sep. 2023 ($-1,347 Mil) and increased from Sep. 2023 ($-1,347 Mil) to Dec. 2023 ($-1,374 Mil).

Grupo SimecB de CV's annual accumulated depreciation increased from Dec. 2021 ($-1,122 Mil) to Dec. 2022 ($-1,207 Mil) and increased from Dec. 2022 ($-1,207 Mil) to Dec. 2023 ($-1,374 Mil).

Grupo SimecB de CV Accumulated Depreciation Historical Data

The historical data trend for Grupo SimecB de CV's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grupo SimecB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-1,075.88

-1,094.01

-1,121.62

-1,206.81

-1,373.98

Grupo SimecB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation																-1,206.81	-1,285.64	-1,341.30	-1,346.55	-1,373.98

Grupo SimecB de CV Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Grupo SimecB de CV Accumulated Depreciation Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grupo Simec SAB de CV (AMEX:SIM) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SIMECB:Mexico 4FV:Germany

Address

Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440

Website

https://www.gsimec.com.mx

Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.