Switch to:
GuruFocus has detected 4 Warning Signs with Energy Company of Minas Gerais $CIG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Energy Company of Minas Gerais (NYSE:CIG)
Pre-Tax Income
$348 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. Energy Company of Minas Gerais's pretax income for the three months ended in Sep. 2016 was $175 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was $348 Mil. Energy Company of Minas Gerais's pretax margin was 11.62%.

During the past 13 years, Energy Company of Minas Gerais's highest Pretax Margin was 36.10%. The lowest was 6.21%. And the median was 23.67%.


Definition

This is the income that a company earns before paying income taxes.

Energy Company of Minas Gerais's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=766.594516595+456.864564007+-357.142857143+0+0
=866

Energy Company of Minas Gerais's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=742.94448543+-432.930960285+-161.379564736+26.1281200049+-8.52651282912E-14
=175

Energy Company of Minas Gerais Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 87.1603793032 (Dec. 2015 ) + 8.58301784749 (Mar. 2016 ) + 77.3958637612 (Jun. 2016 ) + 174.762080413 (Sep. 2016 ) = $348 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Energy Company of Minas Gerais's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=174.762080413/1504.45499816
=11.62%

During the past 13 years, Energy Company of Minas Gerais's highest Pretax Margin was 36.10%. The lowest was 6.21%. And the median was 23.67%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Energy Company of Minas Gerais Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 5581,2901,0471,9061,6551,7202,4571,7271,695866

Energy Company of Minas Gerais Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Pretax Income 490415516552574387977175
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK