Companhia Energtica de Minas Gerais - CEMIG (CIG)
Companhia Energtica de Minas Gerais - CEMIG KZ Index: -8.829
View CIG KZ Index with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
CIG KZ Index Rankings
| Overall | 72nd percentile | 860 of 3180 |
| Sector | 94th percentile | 5 of 88 in Utilities |
| Industry | 93rd percentile | 3 of 43 in Electric Utilities |
CIG KZ Index Range, Past 5 Years
| Minimum | -9.028 | Dec 2011 |
| Maximum | 1.517 | Mar 2011 |
| Average | -2.356 |
About KZ Index
The KZ-Index is a relative measurement of reliance on external financing. Companies with a higher KZ-Index scores are more likely to experience difficulties when financial conditions tighten since they may have difficulty financing their ongoing operations.
IMPORTANT NOTES:
1) The model is a probabilistic model, so it will not perfectly predict which companies are financially constrained and which are not, but it should help to raise warning flags.
2) The synthetic KZ-Index that we use was developed only for non-financial firms, so it is safest to disregard financial firms' KZ-Index scores.
The score is relative, so knowledge of the overall universe of firms is helpful to gauge the standing of the firm. Here are percentiles of scores for all companies in our database as of September 2nd, 2011:
90th: 10.12 (10% of companies have higher - worse - scores than this)
75th: 3.57
50th: 1.01
25th: -2.78
10th: -14.43 (10% of companies have lower - better - scores than this)
For interested users, our index is based on of the Synthetic KZ-Index presented in Lamont, Polk, and Saa-Requejo (2001), Financial Constraints and Stock Returns.
Learn More
You may also be interested in these CIG related companies
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
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CIG | 17.22 | +0.06 | +0.35% | 14.69B |
| CCIX | 9.03 | +0.27 | +3.08% | 157.57M |
| CCIH | 5.44 | -0.22 | -3.89% | 131.54M |
| CCI | 54.17 | -0.14 | -0.26% | 15.41B |
| CCH | 14.30 | -1.31 | -8.39% | 5.236B |
| CCGM | 0.2126 | -0.07 | -24.10% | 4.260M |
| CCG | 10.73 | -0.03 | -0.28% | 332.84M |
| CCF | 11.72 | +0.05 | +0.43% | 105.95M |
| CNSL | 14.14 | +0.19 | +1.36% | 422.36M |
| CNS | 32.62 | -0.04 | -0.12% | 1.425B |
