Companhia Energética de Minas Gerais - CEMIG (CMIG3) — Financial Flexibility Index

Latest as of September 2025: 0.03x

Companhia Energética de Minas Gerais - CEMIG (CMIG3) has a Financial Flexibility Index of 0.03x as of September 2025. Free cash flow of R$1.23 Billion (operating CF R$1.08 Billion minus capex R$152.37 Million) represents 0% of total liabilities (R$36.02 Billion). Also explore Companhia Energética de Minas Gerais - C (CMIG3) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

R$1.23 Billion
Operating CF − Capex

Total Liabilities

R$36.02 Billion
BRL

Capital Expenditures

R$152.37 Million
BRL

Companhia Energética de Minas Gerais - CEMIG Financial Flexibility Index (2000–2024)

Historical Financial Flexibility Index trend for Companhia Energética de Minas Gerais - CEMIG across 25 annual periods. Check Companhia Energética de Minas Gerais - C strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Companhia Energética de Minas Gerais - CEMIG (2000–2024)

Year-by-year free cash flow to debt coverage for Companhia Energética de Minas Gerais - CEMIG. For the full company profile including market capitalisation, see CMIG3 company net worth.

Year Flexibility Index Free Cash Flow (BRL) Operating CF Total Liabilities YoY Change
2024 0.19x R$6.17 Billion R$5.50 Billion R$32.34 Billion ▼ -26.8%
2023 0.26x R$7.91 Billion R$6.64 Billion R$30.34 Billion ▲ +20.3%
2022 0.22x R$6.91 Billion R$6.61 Billion R$31.89 Billion ▲ +80.1%
2021 0.12x R$3.92 Billion R$3.69 Billion R$32.58 Billion ▼ -49.9%
2020 0.24x R$8.78 Billion R$8.61 Billion R$36.60 Billion ▲ +108.3%
2019 0.12x R$3.96 Billion R$2.04 Billion R$34.42 Billion ▲ +168.2%
2018 0.04x R$1.89 Billion R$1.01 Billion R$43.91 Billion ▼ -16.6%
2017 0.05x R$1.44 Billion R$580.00 Million R$27.91 Billion ▼ -36.4%
2016 0.08x R$2.35 Billion R$1.21 Billion R$29.10 Billion ▼ -44.9%
2015 0.15x R$4.09 Billion R$3.01 Billion R$27.87 Billion ▼ -25.2%
2014 0.20x R$4.65 Billion R$3.73 Billion R$23.71 Billion ▼ -25.0%
2013 0.26x R$4.49 Billion R$3.52 Billion R$17.18 Billion ▲ +30.9%
2012 0.20x R$4.20 Billion R$2.83 Billion R$21.02 Billion ▼ -2.5%
2011 0.20x R$5.18 Billion R$3.90 Billion R$25.26 Billion ▼ -25.1%
2010 0.27x R$6.02 Billion R$3.38 Billion R$22.00 Billion ▲ +7.3%
2009 0.26x R$4.88 Billion R$2.57 Billion R$19.13 Billion ▲ +0.2%
2008 0.25x R$3.93 Billion R$2.96 Billion R$15.45 Billion ▲ +3.8%
2007 0.25x R$3.96 Billion R$2.84 Billion R$16.13 Billion ▲ +1.3%
2006 0.24x R$3.61 Billion R$2.29 Billion R$14.93 Billion ▼ -11.0%
2005 0.27x R$3.29 Billion R$1.77 Billion R$12.07 Billion ▲ +6.6%
2004 0.26x R$2.56 Billion R$1.50 Billion R$10.02 Billion ▲ +51.9%
2003 0.17x R$1.44 Billion R$658.00 Million R$8.57 Billion ▼ -1.2%
2002 0.17x R$1.37 Billion R$732.00 Million R$8.04 Billion ▲ +6.7%
2001 0.16x R$1.04 Billion R$716.25 Million R$6.52 Billion ▼ -41.1%
2000 0.27x R$1.24 Billion R$831.00 Million R$4.57 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities