Companhia Energetica Financials

CIG Stock  USD 2.01  0.02  1.01%   
Based on the key measurements obtained from Companhia Energetica's financial statements, Companhia Energetica de may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Companhia Energetica's Property Plant And Equipment Net is most likely to decrease significantly in the upcoming years. The Companhia Energetica's current Net Debt is estimated to increase to about 9 B, while Other Current Liabilities is projected to decrease to roughly 2.6 B. Key indicators impacting Companhia Energetica's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0960.1564
Way Down
Pretty Stable
Return On Assets0.110.1048
Sufficiently Up
Pretty Stable
Return On Equity0.270.2529
Notably Up
Pretty Stable
Debt Equity Ratio0.620.4313
Way Up
Slightly volatile
Current Ratio0.790.9065
Fairly Down
Slightly volatile
Investors should never underestimate Companhia Energetica's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Companhia Energetica's cash flow, debt, and profitability to make informed and accurate decisions about investing in Companhia Energetica de.

Cash And Equivalents

1.05 Billion

  
Understanding current and past Companhia Energetica Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Companhia Energetica's financial statements are interrelated, with each one affecting the others. For example, an increase in Companhia Energetica's assets may result in an increase in income on the income statement.

Companhia Energetica Stock Summary

Companhia Energetica competes with NorthWestern, Montauk Renewables, Allete, Companhia Paranaense, and Otter Tail. Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil. Comp En operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 5025 people.
Specialization
Utilities, Utilities - Diversified
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2044096012
CUSIP204409601
LocationBrazil
Business AddressAvenida Barbacena, 1200,
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.cemig.com.br
Phone51 31 3506 5024
CurrencyUSD - US Dollar

Companhia Energetica Key Financial Ratios

Companhia Energetica Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets49.9B54.1B52.0B53.7B55B36.7B
Other Current Liab1.1B4.1B2.4B7.4B5.1B2.6B
Other Liab7.9B13.9B13.8B11.8B13.6B14.3B
Net Debt14.5B13.6B10.8B9.5B8.7B9.0B
Retained Earnings7.9B6.7B7.3B10.4B13.0B13.7B
Accounts Payable2.1B2.4B2.7B2.8B3.7B3.9B
Cash536M1.7B825M1.4B1.5B1.4B
Other Assets(1M)11.8B11.9B3.8B4.4B3.9B
Long Term Debt12.0B13.0B9.9B9.6B7.2B6.1B
Net Receivables5.6B5.1B8.0B8.3B7.4B3.7B
Inventory39M1.8B(1.7B)1.0(1.1B)(1.1B)
Other Current Assets596M2.4B862M889M1.4B1.1B
Total Liab34.9B36.6B32.6B31.9B30.3B23.2B
Total Current Assets10.1B15.5B12.9B13.5B11.9B8.9B
Short Term Debt2.8B2.1B1.5B1.0B2.7B2.5B
Intangible Assets11.6B11.8B13.0B14.6B15.2B16.0B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Short Long Term Debt2.7B2.1B1.5B955M2.6B2.2B
Long Term Debt Total12.2B13.1B10.1B9.9B11.4B11.3B

Companhia Energetica Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.3B1.2B1.7B2.5B1.0B1.1B
Total Revenue25.4B25.2B33.6B34.5B36.8B38.7B
Gross Profit5.8B5.4B6.7B6.8B8.4B5.6B
Operating Income4.9B4.9B6.0B5.7B5.9B3.1B
Ebit4.9B4.7B5.8B4.3B7.6B8.0B
Ebitda5.8B5.7B6.8B5.5B8.9B4.9B
Cost Of Revenue19.6B19.8B26.9B27.7B28.5B29.9B
Income Before Tax4.5B3.8B4.7B4.1B6.4B6.7B
Net Income3.1B2.9B3.8B4.1B5.8B6.1B
Income Tax Expense1.6B936M946M26M1.1B700.7M
Research Development40.7M42.8M34.2M34.6M37.5M32.3M
Minority Interest1.4B4.3M4.7M(2M)(3M)(2.9M)
Tax Provision1.6B935.7M945.3M26.2M1.1B822.1M
Interest Income365.6M1.1B1.3B416.1M286M271.7M
Net Interest Income601M(964M)(1.6B)(2.0B)(901M)(946.1M)

Companhia Energetica Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory28.9M1.8B3.9B4.4B5.0B5.3B
Change In Cash(355M)1.1B(855M)616M96.8M101.7M
Free Cash Flow109M8.4B3.5B6.3B5.4B5.6B
Depreciation958M989M1.0B1.2B1.3B918.1M
Other Non Cash Items740M(391M)(5.0B)3.9B(78.8M)(82.7M)
Dividends Paid701M598M1.4B2.1B1.8B1.3B
Capital Expenditures1.9B173M233M292M1.3B882.1M
Net Income3.1B2.9B3.8B1.4B5.8B6.1B
End Period Cash Flow536M1.7B825M1.4B1.5B1.4B
Change To Netincome(2.7B)(3.4B)(902.6M)(4.4B)(3.9B)(3.7B)
Investments(1.2B)(3.5B)3.4B(3.2B)(4.0B)(3.8B)
Net Borrowings(537.0M)(502.2M)(1.8B)(4.5B)(4.0B)(3.8B)

Companhia Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Companhia Energetica's current stock value. Our valuation model uses many indicators to compare Companhia Energetica value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Companhia Energetica competition to find correlations between indicators driving Companhia Energetica's intrinsic value. More Info.
Companhia Energetica de is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Companhia Energetica de is roughly  2.83 . At this time, Companhia Energetica's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Companhia Energetica by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Companhia Energetica Systematic Risk

Companhia Energetica's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Companhia Energetica volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Companhia Energetica correlated with the market. If Beta is less than 0 Companhia Energetica generally moves in the opposite direction as compared to the market. If Companhia Energetica Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Companhia Energetica is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Companhia Energetica is generally in the same direction as the market. If Beta > 1 Companhia Energetica moves generally in the same direction as, but more than the movement of the benchmark.

Companhia Energetica Thematic Clasifications

Companhia Energetica de is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Companhia Energetica Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Companhia Energetica's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Companhia Energetica growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.51

At this time, Companhia Energetica's Price Earnings To Growth Ratio is most likely to decrease significantly in the upcoming years.

Companhia Energetica November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Companhia Energetica help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Companhia Energetica de. We use our internally-developed statistical techniques to arrive at the intrinsic value of Companhia Energetica de based on widely used predictive technical indicators. In general, we focus on analyzing Companhia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Companhia Energetica's daily price indicators and compare them against related drivers.

Complementary Tools for Companhia Stock analysis

When running Companhia Energetica's price analysis, check to measure Companhia Energetica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Companhia Energetica is operating at the current time. Most of Companhia Energetica's value examination focuses on studying past and present price action to predict the probability of Companhia Energetica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Energetica's price. Additionally, you may evaluate how the addition of Companhia Energetica to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account