Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribu… Read more
Companhia Energética de Minas Gerais (CIGN) - Total Assets
Latest total assets as of September 2025: MX$64.75 Billion MXN
Based on the latest financial reports, Companhia Energética de Minas Gerais (CIGN) holds total assets worth MX$64.75 Billion MXN as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Companhia Energética de Minas Gerais - Total Assets Trend (2013–2024)
This chart illustrates how Companhia Energética de Minas Gerais’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Companhia Energética de Minas Gerais - Asset Composition Analysis
Current Asset Composition (December 2024)
Companhia Energética de Minas Gerais's total assets of MX$64.75 Billion consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (MXN) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | MX$0.00 | 3.2% |
| Accounts Receivable | MX$5.60 Billion | 9.4% |
| Inventory | MX$0.00 | 0.0% |
| Property, Plant & Equipment | MX$0.00 | 0.0% |
| Intangible Assets | MX$16.81 Billion | 28.1% |
| Goodwill | MX$0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Companhia Energética de Minas Gerais's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Companhia Energética de Minas Gerais's current assets represent 20.5% of total assets in 2024, a decrease from 22.4% in 2013.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, down from 7.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 26.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 28.1% of total assets.
Companhia Energética de Minas Gerais Competitors by Total Assets
Key competitors of Companhia Energética de Minas Gerais based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
China | CN¥5.27 Billion |
|
Chubu Electric Power Company Incorporated
F:0C2
|
Germany | €7.41 Trillion |
|
Malakoff Corporation Bhd
KLSE:5264
|
Malaysia | RM18.23 Billion |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
China | CN¥14.03 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
China | CN¥53.23 Billion |
|
Xinjiang Tianfu Energy Co Ltd
SHG:600509
|
China | CN¥30.50 Billion |
|
Shenergy Co Ltd
SHG:600642
|
China | CN¥109.16 Billion |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
China | CN¥14.28 Billion |
Companhia Energética de Minas Gerais - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Companhia Energética de Minas Gerais generates 0.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Companhia Energética de Minas Gerais generates $ 11.92 in net profit.
Companhia Energética de Minas Gerais - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.89 | 1.04 | 1.70 |
| Quick Ratio | 0.89 | 1.04 | 1.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | MX$-1.64 Billion | MX$ 674.00 Million | MX$ 6.37 Billion |
Companhia Energética de Minas Gerais - Advanced Valuation Insights
This section examines the relationship between Companhia Energética de Minas Gerais's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.12 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 8.6% |
| Total Assets | MX$59.73 Billion |
| Market Capitalization | $4.93 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Companhia Energética de Minas Gerais's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Companhia Energética de Minas Gerais's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Companhia Energética de Minas Gerais (2013–2024)
The table below shows the annual total assets of Companhia Energética de Minas Gerais from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | MX$59.73 Billion | +8.59% |
| 2023-12-31 | MX$55.00 Billion | +2.48% |
| 2022-12-31 | MX$53.67 Billion | +3.12% |
| 2021-12-31 | MX$52.05 Billion | -3.77% |
| 2020-12-31 | MX$54.08 Billion | +8.33% |
| 2019-12-31 | MX$49.93 Billion | -16.59% |
| 2018-12-31 | MX$59.85 Billion | +41.70% |
| 2017-12-31 | MX$42.24 Billion | +0.49% |
| 2016-12-31 | MX$42.04 Billion | +2.89% |
| 2015-12-31 | MX$40.86 Billion | +16.73% |
| 2014-12-31 | MX$35.00 Billion | +17.39% |
| 2013-12-31 | MX$29.81 Billion | -- |