Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Accumulated Depreciation : R$0 Mil (As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Cia Energetica DE Minas Gerais - Cemig's quarterly accumulated depreciation increased from Mar. 2023 (R$0 Mil) to Jun. 2023 (R$-5,385 Mil) but then stayed the same from Jun. 2023 (R$-5,385 Mil) to Sep. 2023 (R$0 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual accumulated depreciation increased from Dec. 2020 (R$-5,099 Mil) to Dec. 2021 (R$-5,222 Mil) and increased from Dec. 2021 (R$-5,222 Mil) to Dec. 2022 (R$-5,405 Mil).

Cia Energetica DE Minas Gerais - Cemig Accumulated Depreciation Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Accumulated Depreciation 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 Accumulated Depreciation Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-4,935.00

-5,099.00

-5,222.00

-5,405.00

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
Accumulated Depreciation	Get a 7-Day Free Trial															-5,361.18	-5,405.00	-	-5,385.09	-

Cia Energetica DE Minas Gerais - Cemig Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Cia Energetica DE Minas Gerais - Cemig Accumulated Depreciation Related Terms

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Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIG:USA CIGN:Mexico XCMIG:Spain CIDA:Germany CMIG4: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.

Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Headlines

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