Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Current Accrued Expense : $476 Mil (As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Current Accrued Expense?

Cia Energetica DE Minas Gerais - Cemig's Current Accrued Expense for the quarter that ended in Sep. 2023 was $476 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly Current Accrued Expense declined from Mar. 2023 ($476 Mil) to Jun. 2023 ($403 Mil) but then increased from Jun. 2023 ($403 Mil) to Sep. 2023 ($476 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual Current Accrued Expense increased from Dec. 2020 ($323 Mil) to Dec. 2021 ($378 Mil) and increased from Dec. 2021 ($378 Mil) to Dec. 2022 ($405 Mil).

Cia Energetica DE Minas Gerais - Cemig Current Accrued Expense Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cia Energetica DE Minas Gerais - Cemig Current Accrued Expense Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Current Accrued Expense

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295.62

229.99

323.05

377.55

404.74

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Current Accrued Expense	Get a 7-Day Free Trial															420.70	404.74	475.94	403.02	475.63

Cia Energetica DE Minas Gerais - Cemig Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Cia Energetica DE Minas Gerais - Cemig Current Accrued Expense Related Terms

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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG.C) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

CIG:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.