Cia Energetica DE Minas Gerais - Cemig has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Cia Energetica DE Minas Gerais - Cemig has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
FRA:CIDS's Current Ratio is ranked worse than 56.69% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs FRA:CIDS: 1.00
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Cia Energetica DE Minas Gerais - Cemig Current Ratio Related Terms
Cia Energetica DE Minas Gerais - Cemig Current Ratio Historical Data
* 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 Current Ratio Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
FRA:CIDS vs NEE, SO, DUK: Current Ratio Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Current Ratio distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Current Ratio falls into.
* 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 (FRA:CIDS) has a Current Ratio of 0.00 as of Mar. 2026. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Current Ratio has ranged from 0.64 to 1.62. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #288 out of 508 companies in the Utilities - Regulated industry, placing it in the top 56.7%.
Is Cia Energetica DE Minas Gerais - Cemig's Current Ratio too high?
Cia Energetica DE Minas Gerais - Cemig's current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.62. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #288 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Current Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #288 out of 508 companies for Current Ratio. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Current Ratio is 1.08. Historically, Cia Energetica DE Minas Gerais - Cemig's own Current Ratio has ranged from 0.64 to 1.62 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current Current Ratio is 0.00. 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 (FRA:CIDS) has a current Current Ratio of 0.00. The stock's GF Value™ is €568.40, compared to a current price of €2.44 — trading 99.6% below its estimated fair value. The current Current Ratio is 0.00. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Current Ratio is 0.00 as of Mar. 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 (FRA:CIDS) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of €2.44 is trading 99.6% below its estimated GF Value™ of €568.40.
Key valuation signals for FRA:CIDS:
Current Ratio: 0.00
GF Value™: €568.40 vs. price of €2.44 (99.6% below fair value)
No single metric tells the full story. See the FRA:CIDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig Business Description
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.
65GF Score
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