Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Research & Development : $0 Mil (TTM As of Sep. 2023)

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Cia Energetica DE Minas Gerais - Cemig Research & Development Definition

Research & Development is the aggregate amount of research and development expenses during the year. Cia Energetica DE Minas Gerais - Cemig's Research & Development for the three months ended in Sep. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $0 Mil.

Cia Energetica DE Minas Gerais - Cemig Research & Development Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Research & Development 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 Research & Development Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

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Research & Development

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Cia Energetica DE Minas Gerais - Cemig Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Cia Energetica DE Minas Gerais - Cemig Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Cia Energetica DE Minas Gerais - Cemig Research & Development 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 » Research & Development

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.