Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Total Liabilities

: $6,425 Mil (As of Sep. 2023)

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Cia Energetica DE Minas Gerais - Cemig's Total Liabilities for the quarter that ended in Sep. 2023 was $6,425 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly Total Liabilities increased from Mar. 2023 ($6,006.99 Mil) to Jun. 2023 ($6,372.13 Mil) and increased from Jun. 2023 ($6,372.13 Mil) to Sep. 2023 ($6,424.97 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual Total Liabilities declined from Dec. 2020 ($7,115.09 Mil) to Dec. 2021 ($5,762.08 Mil) but then increased from Dec. 2021 ($5,762.08 Mil) to Dec. 2022 ($6,079.04 Mil).

Cia Energetica DE Minas Gerais - Cemig Total Liabilities Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Total Liabilities 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Liabilities

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11,395.94

8,386.65

7,115.09

5,762.08

6,079.04

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
Total Liabilities	Get a 7-Day Free Trial															6,376.34	6,079.04	6,006.99	6,372.13	6,424.97

Cia Energetica DE Minas Gerais - Cemig Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Cia Energetica DE Minas Gerais - Cemig's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2135.776	+	(1891.753	+	862.661
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	177.679	+	1011.172)
	=	6,079

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	10232.013	-	4152.972
	=	6,079

Cia Energetica DE Minas Gerais - Cemig's Total Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2169.802	+	(2283.394	+	687.428
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	206.127	+	1078.219)
	=	6,425

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	11372.223	-	4947.253
	=	6,425

Cia Energetica DE Minas Gerais - Cemig Total Liabilities 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 » Total Liabilities

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.