Nemak, S. A. B. de C. V.

Mexico Stock Exchange NEMAKA.MX

Nemak, S. A. B. de C. V. Interest Coverage Ratio for the year ending December 31, 2023: 1.01

Nemak, S. A. B. de C. V. Interest Coverage Ratio is 1.01 for the year ending December 31, 2023, a -88.81% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Nemak, S. A. B. de C. V. Interest Coverage Ratio for the year ending December 31, 2022 was 9.07.
  • Nemak, S. A. B. de C. V. Interest Coverage Ratio for the year ending December 31, 2020 was 4.57, a 15.26% change year over year.
  • Nemak, S. A. B. de C. V. Interest Coverage Ratio for the year ending December 31, 2019 was 3.96, a -3.60% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
SV Wall Street
Mexico Stock Exchange: NEMAKA.MX

Nemak, S. A. B. de C. V.

CEO Mr. Armando Tamez Martinez
IPO Date July 1, 2015
Location Mexico
Headquarters Libramiento Arco Vial Km 3.8
Employees 23,199
Sector Consumer Discretionary
Industries
Automotive Parts 3D Printing Automobiles & Vehicles Composite Materials Electric Vehicles (EVs) Hardware & Electronics Motorcycles
Description

Nemak, S. A. B. de C. V. develops, manufactures, and sells aluminum components for powertrain, e-mobility, and structural applications to the automotive industry in North America, Europe, and internationally. It offers powertrain components, such as cylinder heads, engine blocks, and transmission cases; vehicle structures, including longitudinal members, shock towers, and subframes; and e-mobility components comprising e-motor and battery housings. The company was formerly known as Tenedora Nemak, S. A. de C. V. and changed its name to Nemak, S. A. B. de C. V. in June 2015. Nemak, S. A. B. de C. V. was incorporated in 1979 and is based in Garcia, Mexico.

StockViz Staff

February 7, 2025

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