Energy Company of Minas Gerais
Energy Company of Minas Gerais operates in various business sectors.
Energy Company of Minas Gerais (CIDA) - Total Assets
Latest total assets as of March 2024: €57.44 Billion EUR
Based on the latest financial reports, Energy Company of Minas Gerais (CIDA) holds total assets worth €57.44 Billion EUR as of March 2024.
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.
Energy Company of Minas Gerais - Total Assets Trend (2018–2023)
This chart illustrates how Energy Company of Minas Gerais’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Energy Company of Minas Gerais - Asset Composition Analysis
Current Asset Composition (December 2023)
Energy Company of Minas Gerais's total assets of €57.44 Billion consist of 21.6% current assets and 78.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.8% |
| Accounts Receivable | €5.43 Billion | 9.9% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €15.25 Billion | 27.7% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Energy Company of 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: Energy Company of Minas Gerais's current assets represent 21.6% of total assets in 2023, a decrease from 46.4% in 2018.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2023, up from 1.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, an increase from 18.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 27.7% of total assets.
Energy Company of Minas Gerais Competitors by Total Assets
Key competitors of Energy Company of Minas Gerais based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Energy Company of 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 - Energy Company of 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, Energy Company of Minas Gerais generates $ 10.48 in net profit.
Energy Company of 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 | 1.15 | 1.19 | 1.26 |
| Quick Ratio | 1.15 | 1.19 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.96 Billion | € 2.12 Billion | € 2.76 Billion |
Energy Company of Minas Gerais - Advanced Valuation Insights
This section examines the relationship between Energy Company of 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.5% |
| Total Assets | €55.00 Billion |
| Market Capitalization | $18.22K USD |
Valuation Analysis
Below Book Valuation: The market values Energy Company of Minas Gerais's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Energy Company of Minas Gerais's assets grew by 2.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Energy Company of Minas Gerais (2018–2023)
The table below shows the annual total assets of Energy Company of Minas Gerais from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €55.00 Billion | +2.48% |
| 2022-12-31 | €53.67 Billion | +3.12% |
| 2021-12-31 | €52.05 Billion | -3.77% |
| 2020-12-31 | €54.08 Billion | +8.32% |
| 2019-12-31 | €49.93 Billion | -16.59% |
| 2018-12-31 | €59.85 Billion | -- |