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Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Construction In Progress : €0 Mil (As of Jun. 2024)


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What is Cia Energetica DE Minas Gerais - Cemig Construction In Progress?

Cia Energetica DE Minas Gerais - Cemig's quarterly construction in progress declined from Dec. 2023 (€226 Mil) to Mar. 2024 (€0 Mil) but then stayed the same from Mar. 2024 (€0 Mil) to Jun. 2024 (€0 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual construction in progress increased from Dec. 2021 (€48 Mil) to Dec. 2022 (€68 Mil) and increased from Dec. 2022 (€68 Mil) to Dec. 2023 (€226 Mil).

Cia Energetica DE Minas Gerais - Cemig Construction In Progress Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Construction In Progress 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 Construction In Progress Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.16 28.28 47.89 68.21 225.89

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Construction In Progress 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 125.39 - 225.89 - -

Cia Energetica DE Minas Gerais - Cemig Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Cia Energetica DE Minas Gerais - Cemig Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) » Definitions » Construction In Progress
Comparable Companies
BSP:CPLE3 BSP:ENEV3 BSP:EMAE4 XMAD:IBE ADX:TAQA SAU:2082 MIL:ENEL SRE XPAR:ENGI DFM:DEWA XTER:EOAN XTER:RWE LSE:SSE XTER:EBK TSX:BIP.UN XLIS:EDP ASX:ORG AES TSE:9502 TSX:CU
Traded in Other Exchanges
CIG.C:USA CIG:USA CIGN:Mexico XCMIG:Spain CIDA:Germany CID: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.

Cia Energetica DE Minas Gerais - Cemig Headlines

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