Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Other Long Term Assets : $2,759 Mil (As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Other Long Term Assets?

Cia Energetica DE Minas Gerais - Cemig's other long-term assets for the quarter that ended in Sep. 2023 was $2,759 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly other long-term assets increased from Mar. 2023 ($2,515 Mil) to Jun. 2023 ($2,675 Mil) and increased from Jun. 2023 ($2,675 Mil) to Sep. 2023 ($2,759 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual other long-term assets declined from Dec. 2020 ($2,764 Mil) to Dec. 2021 ($2,311 Mil) but then increased from Dec. 2021 ($2,311 Mil) to Dec. 2022 ($2,415 Mil).

Cia Energetica DE Minas Gerais - Cemig Other Long Term Assets Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Other Long Term Assets 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 Other Long Term Assets Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Other Long Term Assets

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2,517.90

4,056.28

2,763.82

2,311.27

2,414.88

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
Other Long Term Assets	Get a 7-Day Free Trial															2,627.01	2,414.88	2,515.26	2,674.97	2,759.23

Cia Energetica DE Minas Gerais - Cemig Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

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) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

CIG.C: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.