Energy Company of Minas Gerais (CIDA) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of March 2024: 0.064x

Based on the latest financial reports, Energy Company of Minas Gerais (CIDA) has a cash flow conversion efficiency ratio of 0.064x as of March 2024.

Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.64 Billion) by net assets (€25.42 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Energy Company of Minas Gerais - Cash Flow Conversion Efficiency Trend (2018–2023)

This chart illustrates how Energy Company of Minas Gerais's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Energy Company of Minas Gerais Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Energy Company of Minas Gerais ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Energy Company of Minas Gerais (2018–2023)

The table below shows the annual cash flow conversion efficiency of Energy Company of Minas Gerais from 2018 to 2023.