Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Cash-to-Debt: N/A (As of Mar. 2026)

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MEX:CIGN Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
60 GF Score
Price MXN38.00
GF Value MXN33.54
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Cia Energetica DE Minas Gerais - Cemig's cash to debt ratio for the quarter that ended in Mar. 2026 was N/A.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's Cash-to-Debt or its related term are showing as below:

MEX:CIGN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.53
Current: 0.22

During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest Cash to Debt Ratio was 0.53. The lowest was 0.13. And the median was 0.27.

MEX:CIGN's Cash-to-Debt is ranked worse than
50.41% of 484 companies
in the Utilities - Regulated industry
Industry Median: 0.23 vs MEX:CIGN: 0.22

Cia Energetica DE Minas Gerais - Cemig  (MEX:CIGN) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt Related Terms

Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 0.30 0.27 0.22

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.27 0.23 0.22 N/A

MEX:CIGN vs NEE, SO, DUK: Cash-to-Debt Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Cash-to-Debt falls into.


MEX:CIGN
60GF Score
Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Cia Energetica DE Minas Gerais - Cemig's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=14313.602 / (10366.388 + 55254.4)
=0.22

Cia Energetica DE Minas Gerais - Cemig's Cash to Debt Ratio for the quarter that ended in Mar. 2026 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.

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 MXN38.00 is trading 13.3% above its estimated GF Value™ of MXN33.54. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Modestly Overvalued.

Key valuation signals for MEX:CIGN:

  • Cash-to-Debt: N/A
  • GF Value™: MXN33.54 vs. price of MXN38.00 (13.3% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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 Business Description

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
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.
60GF Score

Get the complete analysis for MEX:CIGN

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN38.00
Price
MXN33.54
GF Value