Cia Energetica DE Minas Gerais - Cemig (CIG)
2.46
-0.01
(-0.40%)
USD |
NYSE |
Apr 24, 16:00
2.45
-0.01
(-0.41%)
After-Hours: 20:00
Cia Energetica DE Minas Gerais - Cemig Debt to Equity Ratio: 0.4956 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.4956 |
| June 30, 2023 | 0.5011 |
| March 31, 2023 | 0.451 |
| December 31, 2022 | 0.4859 |
| September 30, 2022 | 0.5395 |
| June 30, 2022 | 0.5493 |
| March 31, 2022 | |
| December 31, 2021 | 0.5841 |
| September 30, 2021 | 0.5602 |
| June 30, 2021 | 0.6713 |
| March 31, 2021 | 0.8195 |
| December 31, 2020 | 0.8596 |
| September 30, 2020 | |
| June 30, 2020 | 0.9401 |
| March 31, 2020 | |
| June 30, 2019 | 0.7934 |
| March 31, 2019 | 0.9194 |
| December 31, 2018 | 1.003 |
| September 30, 2018 | 1.028 |
| June 30, 2018 | 0.9918 |
| March 31, 2018 | 0.9297 |
| December 31, 2017 | 1.005 |
| September 30, 2017 | 1.058 |
| June 30, 2017 | 1.093 |
| March 31, 2017 | 1.108 |
| Date | Value |
|---|---|
| December 31, 2016 | 1.174 |
| September 30, 2016 | 1.142 |
| June 30, 2016 | 1.120 |
| March 31, 2016 | 1.179 |
| December 31, 2015 | 1.168 |
| September 30, 2015 | 0.9687 |
| June 30, 2015 | 0.924 |
| March 31, 2015 | |
| December 31, 2014 | 1.198 |
| September 30, 2014 | |
| June 30, 2014 | 0.8978 |
| March 31, 2014 | 0.6793 |
| December 31, 2013 | 0.7483 |
| September 30, 2013 | 0.7227 |
| June 30, 2013 | 0.7626 |
| March 31, 2013 | |
| December 31, 2012 | 0.9018 |
| September 30, 2012 | 1.201 |
| June 30, 2012 | 1.244 |
| March 31, 2012 | 1.246 |
| December 31, 2011 | 1.344 |
| September 30, 2011 | 1.072 |
| June 30, 2011 | |
| March 31, 2011 | 1.110 |
| December 31, 2010 | 1.152 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.451
Minimum
Mar 2023
0.9401
Maximum
Jun 2020
0.6347
Average
0.5602
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Centrais Eletricas Brasileiras SA | 0.6511 |
| Cia Paranaense De Energia Copel | 0.6264 |
| Companhia De Saneamento Basico Do Estado De Sao Paulo | 0.6421 |
| ENGIE Brasil Energia SA | 2.333 |
| Light SA | 3.439 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.15B |
| Total Liabilities (Quarterly) | 6.301B |
| Shareholders Equity (Quarterly) | 4.851B |
| Current Ratio | 1.299 |
| Net Debt Paydown Yield | -0.93% |