Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Other Operating Expense : $308 Mil (TTM As of Dec. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Other Operating Expense?

Cia Energetica DE Minas Gerais - Cemig's Other Operating Expense for the three months ended in Dec. 2023 was $148 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $308 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly Other Operating Expense increased from Jun. 2023 ($36 Mil) to Sep. 2023 ($115 Mil) and increased from Sep. 2023 ($115 Mil) to Dec. 2023 ($148 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual Other Operating Expense declined from Dec. 2021 ($85 Mil) to Dec. 2022 ($82 Mil) but then increased from Dec. 2022 ($82 Mil) to Dec. 2023 ($327 Mil).

Cia Energetica DE Minas Gerais - Cemig Other Operating Expense Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Other Operating 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 Other Operating Expense Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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544.28

97.58

85.24

81.60

327.06

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															-51.25	8.26	35.99	115.45	148.42

Cia Energetica DE Minas Gerais - Cemig Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $308 Mil.

Cia Energetica DE Minas Gerais - Cemig Other Operating 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) » Definitions » Other Operating Expense

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.