Companhia Energética de Minas Gerais - CEMIG (CMIG3) — Working Capital to Net Assets Ratio
Companhia Energética de Minas Gerais - CEMIG (CMIG3) has a Working Capital to Net Assets ratio of -5.4% as of September 2025. Working capital of R$-1.55 Billion (current assets of R$13.33 Billion minus current liabilities of R$14.88 Billion) is measured against net assets of R$28.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CMIG3 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Companhia Energética de Minas Gerais - CEMIG Working Capital to Net Assets (2000–2024)
This chart shows how Companhia Energética de Minas Gerais - CEMIG's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at -5.4%, reflecting working capital of R$-1.55 Billion against net assets of R$28.73 Billion BRL. For the complete balance sheet picture, see Companhia Energética de Minas Gerais - C balance sheet assets.
Annual Working Capital to Net Assets for Companhia Energética de Minas Gerais - CEMIG (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Companhia Energética de Minas Gerais - CEMIG from 2000 to 2024, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Companhia Energética de Minas Gerais - C (CMIG3) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -7.0% | R$-1.91 Billion | R$27.38 Billion | R$12.23 Billion | R$14.14 Billion | ▼ -2.0 pp |
| 2023 | -5.0% | R$-1.22 Billion | R$24.66 Billion | R$11.87 Billion | R$13.09 Billion | ▼ -15.3 pp |
| 2022 | 10.4% | R$2.26 Billion | R$21.78 Billion | R$13.46 Billion | R$11.21 Billion | ▼ -1.2 pp |
| 2021 | 11.6% | R$2.26 Billion | R$19.46 Billion | R$12.95 Billion | R$10.69 Billion | ▼ -21.4 pp |
| 2020 | 33.0% | R$5.77 Billion | R$17.48 Billion | R$15.46 Billion | R$9.69 Billion | ▲ +18.2 pp |
| 2019 | 14.8% | R$2.39 Billion | R$16.10 Billion | R$10.35 Billion | R$7.96 Billion | ▼ -12.8 pp |
| 2018 | 27.6% | R$4.40 Billion | R$15.94 Billion | R$27.80 Billion | R$23.39 Billion | ▲ +28.5 pp |
| 2017 | -0.9% | R$-125.00 Million | R$14.33 Billion | R$8.54 Billion | R$8.66 Billion | ▲ +23.6 pp |
| 2016 | -24.4% | R$-3.16 Billion | R$12.93 Billion | R$8.29 Billion | R$11.45 Billion | ▲ +4.0 pp |
| 2015 | -28.5% | R$-3.70 Billion | R$12.99 Billion | R$9.38 Billion | R$13.07 Billion | ▲ +3.2 pp |
| 2014 | -31.6% | R$-3.57 Billion | R$11.29 Billion | R$6.55 Billion | R$10.12 Billion | ▼ -37.5 pp |
| 2013 | 5.9% | R$747.00 Million | R$12.64 Billion | R$6.67 Billion | R$5.92 Billion | ▲ +40.5 pp |
| 2012 | -34.6% | R$-3.99 Billion | R$11.55 Billion | R$8.80 Billion | R$12.80 Billion | ▼ -3.6 pp |
| 2011 | -31.0% | R$-3.64 Billion | R$11.74 Billion | R$8.53 Billion | R$12.17 Billion | ▼ -45.6 pp |
| 2010 | 14.7% | R$1.68 Billion | R$11.48 Billion | R$8.09 Billion | R$6.40 Billion | ▲ +29.6 pp |
| 2009 | -14.9% | R$-1.66 Billion | R$11.16 Billion | R$8.62 Billion | R$10.28 Billion | ▼ -29.1 pp |
| 2008 | 14.2% | R$1.33 Billion | R$9.33 Billion | R$6.22 Billion | R$4.89 Billion | ▼ -3.1 pp |
| 2007 | 17.3% | R$1.42 Billion | R$8.22 Billion | R$5.93 Billion | R$4.51 Billion | ▲ +12.0 pp |
| 2006 | 5.3% | R$448.00 Million | R$8.39 Billion | R$4.78 Billion | R$4.33 Billion | ▲ +7.1 pp |
| 2005 | -1.7% | R$-160.00 Million | R$9.27 Billion | R$4.78 Billion | R$4.94 Billion | ▲ +2.9 pp |
| 2004 | -4.6% | R$-427.00 Million | R$9.23 Billion | R$3.37 Billion | R$3.79 Billion | ▲ +3.7 pp |
| 2003 | -8.3% | R$-714.00 Million | R$8.55 Billion | R$2.63 Billion | R$3.34 Billion | ▲ +5.3 pp |
| 2002 | -13.6% | R$-1.02 Billion | R$7.47 Billion | R$1.84 Billion | R$2.86 Billion | ▼ -12.1 pp |
| 2001 | -1.5% | R$-114.88 Million | R$7.55 Billion | R$1.75 Billion | R$1.87 Billion | ▲ +4.4 pp |
| 2000 | -5.9% | R$-480.00 Million | R$8.16 Billion | R$1.01 Billion | R$1.50 Billion | — |