Companhia Energética de Minas Gerais - CEMIG (CMIG3) — Capital Reinvestment Ratio
Companhia Energética de Minas Gerais - CEMIG (CMIG3) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow (R$1.08 Billion) in capital expenditures (R$152.37 Million). See Companhia Energética de Minas Gerais - C free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Companhia Energética de Minas Gerais - CEMIG Capital Reinvestment Ratio (2000–2024)
This chart tracks Companhia Energética de Minas Gerais - CEMIG's Capital Reinvestment Ratio across 25 annual periods.
Annual Capital Reinvestment Ratio for Companhia Energética de Minas Gerais - CEMIG (2000–2024)
Year-by-year Capital Reinvestment Ratio for Companhia Energética de Minas Gerais - CEMIG from 2000 to 2024. For live market cap and broader valuation context, see Companhia Energética de Minas Gerais - C (CMIG3) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.12x | R$5.50 Billion | R$671.29 Million | ▼ -35.8% |
| 2023 | 0.19x | R$6.64 Billion | R$1.26 Billion | ▲ +330.7% |
| 2022 | 0.04x | R$6.61 Billion | R$292.00 Million | ▼ -30.2% |
| 2021 | 0.06x | R$3.69 Billion | R$233.00 Million | ▲ +214.6% |
| 2020 | 0.02x | R$8.61 Billion | R$173.00 Million | ▼ -97.9% |
| 2019 | 0.95x | R$2.04 Billion | R$1.93 Billion | ▲ +8.8% |
| 2018 | 0.87x | R$1.01 Billion | R$877.00 Million | ▼ -41.0% |
| 2017 | 1.48x | R$580.00 Million | R$856.00 Million | ▲ +56.9% |
| 2016 | 0.94x | R$1.21 Billion | R$1.14 Billion | ▲ +161.3% |
| 2015 | 0.36x | R$3.01 Billion | R$1.08 Billion | ▲ +46.1% |
| 2014 | 0.25x | R$3.73 Billion | R$920.00 Million | ▼ -11.4% |
| 2013 | 0.28x | R$3.52 Billion | R$977.00 Million | ▼ -42.7% |
| 2012 | 0.48x | R$2.83 Billion | R$1.37 Billion | ▲ +47.9% |
| 2011 | 0.33x | R$3.90 Billion | R$1.28 Billion | ▼ -58.2% |
| 2010 | 0.78x | R$3.38 Billion | R$2.65 Billion | ▼ -12.8% |
| 2009 | 0.90x | R$2.57 Billion | R$2.31 Billion | ▲ +174.0% |
| 2008 | 0.33x | R$2.96 Billion | R$971.00 Million | ▼ -17.0% |
| 2007 | 0.39x | R$2.84 Billion | R$1.12 Billion | ▼ -32.0% |
| 2006 | 0.58x | R$2.29 Billion | R$1.33 Billion | ▼ -31.8% |
| 2005 | 0.85x | R$1.77 Billion | R$1.51 Billion | ▲ +20.2% |
| 2004 | 0.71x | R$1.50 Billion | R$1.06 Billion | ▼ -40.4% |
| 2003 | 1.19x | R$658.00 Million | R$782.00 Million | ▲ +36.8% |
| 2002 | 0.87x | R$732.00 Million | R$636.00 Million | ▲ +92.7% |
| 2001 | 0.45x | R$716.25 Million | R$323.00 Million | ▼ -7.7% |
| 2000 | 0.49x | R$831.00 Million | R$406.00 Million | — |