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Comp En De Mn Cemig (CIG)

(Delayed Data from NYSE)

$1.92 USD

1.92
958,293

-0.02 (-1.03%)

Updated Jul 12, 2024 04:00 PM ET

After-Market: $1.93 +0.01 (0.52%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 39% (98 out of 250)

Industry: Utility - Electric Power

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Better trading starts here.

Balance Sheet

Research for CIG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Comp En De Mn Cemig ADS falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 537 617 472 1,079 386
Receivables 1,389 1,528 1,527 1,294 1,492
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 10
Other Current Assets 452 463 400 625 681
Total Current Assets 2,377 2,608 2,399 2,998 2,569
Net Property & Equipment 652 467 448 467 621
Investments & Advances 928 1,151 1,238 1,670 1,741
Other Non-Current Assets 1,422 1,230 1,303 1,438 2,887
Deferred Charges 610 604 457 476 616
Intangibles 3,054 2,832 2,400 2,291 2,946
Deposits & Other Assets 1,893 1,439 1,357 1,111 1,203
Total Assets 11,017 10,396 9,644 10,492 12,651
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 746 637 497 457 527
Current Portion Long-Term Debt 527 185 271 399 696
Current Portion Capital Leases 16 11 11 9 22
Accrued Expenses 48 50 42 41 51
Income Taxes Payable 151 218 133 125 125
Other Current Liabilities 1,135 1,069 1,026 847 585
Total Current Liabilities 2,623 2,170 1,980 1,880 2,005
Mortgages 0 0 0 0 0
Deferred Taxes/Income 223 181 178 202 168
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,442 1,865 1,834 2,514 3,048
Non-Current Capital Leases 71 58 34 35 51
Other Non-Current Liabilities 1,719 1,904 2,011 2,471 3,352
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 6,078 6,177 6,038 7,101 8,624
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,205 2,132 1,569 1,473 1,848
Capital Surplus 451 436 417 437 570
Retained Earnings 2,612 2,014 2,029 1,952 2,217
Other Equity -329 -362 -408 -471 -609
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,939 4,220 3,606 3,391 4,027
Total Liabilities & Shareholder's Equity 11,017 10,396 9,644 10,492 12,651
Total Common Equity 4,939 4,220 3,606 3,391 4,027
Shares Outstanding 2,861.70 2,861.70 2,861.70 3,190.80 2,861.70
Book Value Per Share 1.73 1.47 1.26 1.06 1.41

Fiscal Year End for Comp En De Mn Cemig ADS falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 -99,999 537 1,025 753
Receivables NA NA 1,389 1,201 1,354
Notes Receivable NA NA 0 NA 0
Inventories NA NA 0 NA 0
Other Current Assets NA NA 452 625 628
Total Current Assets NA NA 2,377 2,851 2,735
Net Property & Equipment NA NA 652 606 527
Investments & Advances NA NA 928 1,060 1,070
Other Non-Current Assets NA NA 1,422 1,422 1,357
Deferred Charges NA NA 610 607 602
Intangibles NA NA 3,054 3,044 2,953
Deposits & Other Assets NA NA 1,893 1,836 1,694
Total Assets NA NA 11,017 11,502 11,018
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA NA 0 NA 0
Accounts Payable NA NA 746 694 607
Current Portion Long-Term Debt NA NA 527 238 192
Current Portion Capital Leases NA NA 16 16 15
Accrued Expenses NA NA 48 51 47
Income Taxes Payable NA NA 151 128 201
Other Current Liabilities NA NA 1,135 1,068 983
Total Current Liabilities NA NA 2,623 2,195 2,046
Mortgages NA NA 0 NA 0
Deferred Taxes/Income NA NA 223 208 197
Convertible Debt NA NA 0 NA 0
Long-Term Debt NA NA 1,442 2,241 2,198
Non-Current Capital Leases NA NA 71 68 69
Other Non-Current Liabilities NA 1,719 1,786 1,738
Minority Interest (Liabilities) NA NA 0 NA 0
Total Liabilities NA NA 6,078 6,499 6,248
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA NA 0 NA 0
Common Stock (Par) NA NA 2,205 2,254 2,223
Capital Surplus NA NA 451 461 454
Retained Earnings NA NA 2,612 2,664 2,462
Other Equity NA NA -329 -375 -369
Treasury Stock NA NA 0 NA 0
Total Shareholder's Equity NA NA 4,939 5,004 4,770
Total Liabilities & Shareholder's Equity NA NA 11,017 11,502 11,018
Total Common Equity 0 0 4,939 105,003 4,770
Shares Outstanding 2,861.70 2,861.70 2,861.70 2,861.70 2,861.70
Book Value Per Share 0.00 0.00 1.73 36.69 1.67