Grupo SimecB de CV (Grupo SimecB de CV) Other Income (Expense) : $-145 Mil (TTM As of Dec. 2023)

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What is Grupo SimecB de CV Other Income (Expense)?

Grupo SimecB de CV's other income expense for the Grupo SimecB de CV's pretax income for the three months ended in Dec. 2023 was $-46 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-145 Mil.

Grupo SimecB de CV Other Income (Expense) Historical Data

The historical data trend for Grupo SimecB de CV's Other Income (Expense) 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 Other Income (Expense) Chart

Grupo SimecB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-41.26

-16.86

16.31

-67.66

-149.68

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
Other Income (Expense)	Get a 7-Day Free Trial															-57.51	-72.43	-41.02	14.63	-46.34

Grupo SimecB de CV Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-145 Mil.

Grupo SimecB de CV (AMEX:SIM) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

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 » Other Income (Expense)

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.