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Cia Energetica DE Minas Gerais - Cemig's quarterly accounts payable & accrued expense
declined
from Dec. 2025 (MXN30,502 Mil) to Mar. 2026 (MXN0 Mil) but then
increased
from Mar. 2026 (MXN0 Mil) to Jun. 2026 (MXN31,294 Mil).
Cia Energetica DE Minas Gerais - Cemig's annual accounts payable & accrued expense
increased
from Dec. 2023 (MXN29,426 Mil) to Dec. 2024 (MXN32,287 Mil) but then
declined
from Dec. 2024 (MXN32,287 Mil) to Dec. 2025 (MXN30,502 Mil).
* 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.
Cia Energetica DE Minas Gerais - Cemig Accounts Payable & Accrued Expense Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
Cia Energetica DE Minas Gerais - Cemig Accounts Payable & Accrued Expense Calculation
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.
What does a Accounts Payable & Accrued Expense of MXN31,294 Mil mean?
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a Accounts Payable & Accrued Expense of MXN31,294 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors.
Is Cia Energetica DE Minas Gerais - Cemig's Accounts Payable & Accrued Expense too high?
Cia Energetica DE Minas Gerais - Cemig's current Accounts Payable & Accrued Expense is MXN31,294 Mil. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Accounts Payable & Accrued Expense compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Accounts Payable & Accrued Expense of MXN31,294 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Utilities - Regulated company?
A good Accounts Payable & Accrued Expense depends on the Utilities - Regulated industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Accounts Payable & Accrued Expense is MXN31,294 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a current Accounts Payable & Accrued Expense of MXN31,294 Mil. The stock's GF Value™ is MXN29.96, compared to a current price of MXN33.00 — trading 10.1% above its estimated fair value. The current Accounts Payable & Accrued Expense is MXN31,294 Mil. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current Accounts Payable & Accrued Expense is MXN31,294 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be overvalued.
The current stock price of MXN33.00 is trading 10.1% above its estimated GF Value™ of MXN29.96.
Key valuation signals for MEX:CIGN:
Accounts Payable & Accrued Expense: MXN31,294 Mil
GF Value™: MXN29.96 vs. price of MXN33.00 (10.1% above fair value)
No single metric tells the full story. See the MEX:CIGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
70GF Score
Get the complete analysis for MEX:CIGN
Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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