Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Total Operating Expense : $348 Mil (TTM As of Sep. 2023)

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

Cia Energetica DE Minas Gerais - Cemig's Total Operating Expense for the three months ended in Sep. 2023 was $220 Mil. Cia Energetica DE Minas Gerais - Cemig's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was $348 Mil.

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

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

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Operating Expense

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448.83

700.69

210.90

194.34

352.69

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 Operating Expense	Get a 7-Day Free Trial															165.08	14.34	8.26	105.76	219.70

Cia Energetica DE Minas Gerais - Cemig Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.

Total Operating Expense 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 $348 Mil.

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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.C) » Definitions » Total Operating Expense

Comparable Companies

Traded in Other Exchanges

CIG: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.