Companhia Energtica de Minas Gerais - CEMIG (CIG)
Companhia Energtica de Minas Gerais - CEMIG Accruals
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CIG Accruals Range, Past 5 Years
| Minimum | -1.417B | Sep 2010 |
| Maximum | 881.29M | Jun 2010 |
| Average | -146.54M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
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CIG News
about 13 days ago by woowtrading
May 01, 4:07PM Business Wire
about 97 days ago by GoofyGolfa
about 102 days ago by DTtrades
about 105 days ago by stubbybrown
about 108 days ago by bradloncar
about 153 days ago by kevintinkle
about 292 days ago by tea8207
about 342 days ago by stt2318
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CIG | 17.22 | +0.06 | +0.35% | 14.69B |
| CIEN | 11.84 | -0.11 | -0.92% | 1.154B |
| CIE | 22.01 | -0.01 | -0.05% | 9.039B |
| CIDM | 1.59 | +0.06 | +3.92% | 59.85M |
| CIB | 60.26 | -0.58 | -0.95% | 11.87B |
| CIA | 8.22 | -0.12 | -1.44% | 402.45M |
| CI | 44.50 | +0.41 | +0.93% | 12.79B |
| CHY | 11.97 | -0.01 | -0.08% | |
| CHW | 8.03 | -0.08 | -0.99% | |
| CHUX | 9.84 | +0.00 | +0.00% | 216.18M |