CIG-C
Price:
$2.5
Market Cap:
$36.23B
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision...[Read more]
Industry
Diversified Utilities
IPO Date
2007-06-12
Stock Exchange
NYSE
Ticker
CIG-C
According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of -11.17% compared to the average of 1.08 of the last 4 quarters.
The mean historical Current Ratio of Companhia Energética de Minas Gerais over the last ten years is 1.03. The current 0.96 Current Ratio has changed 9.17% with respect to the historical average. Over the past ten years (40 quarters), CIG-C's Current Ratio was at its highest in in the September 2020 quarter at 1.70. The Current Ratio was at its lowest in in the March 2016 quarter at 0.62.
Average
1.03
Median
1.07
Minimum
0.65
Maximum
1.60
Discovering the peaks and valleys of Companhia Energética de Minas Gerais Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 37.62%
Maximum Annual Current Ratio = 1.60
Minimum Annual Increase = -42.51%
Minimum Annual Current Ratio = 0.65
Year | Current Ratio | Change |
---|---|---|
2023 | 0.91 | -24.56% |
2022 | 1.20 | -0.81% |
2021 | 1.21 | -24.04% |
2020 | 1.60 | 37.62% |
2019 | 1.16 | -2.45% |
2018 | 1.19 | 20.56% |
2017 | 0.99 | 36.17% |
2016 | 0.72 | 1.01% |
2015 | 0.72 | 10.68% |
2014 | 0.65 | -42.51% |
The current Current Ratio of Companhia Energética de Minas Gerais (CIG-C) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.11
5-year avg
1.21
10-year avg
1.03
Companhia Energética de Minas Gerais’s Current Ratio is less than ATCO Ltd. (1.42), less than Commerce Energy Group, Inc. (0), greater than AuraSource, Inc. (0.00), greater than The AES Corporation (0.85), less than Canadian Utilities Limited (1.29), greater than E.ON SE (0.86), less than ENGIE SA (0.99), greater than The AES Corporation (0.85), greater than Sempra (0.46), less than Companhia Paranaense de Energia - COPEL (1.57), less than Montauk Renewables, Inc. (1.66), greater than NorthWestern Corporation (0.45), less than Otter Tail Corporation (2.27),
Company | Current Ratio | Market cap |
---|---|---|
1.42 | $3.88B | |
0 | $30.76K | |
0.00 | $13.88K | |
0.85 | $11.23B | |
1.29 | $5.17B | |
0.86 | $35.41B | |
0.99 | $40.58B | |
0.85 | $10.83B | |
0.46 | $51.16B | |
1.57 | $4.85B | |
1.66 | $805.67M | |
0.45 | $3.22B | |
2.27 | $3.28B |
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