Cia Energetica DE Minas Gerais - Cemig has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
FRA:CIDS's Quick Ratio is ranked worse than 50.2% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs FRA:CIDS: 1.00
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Cia Energetica DE Minas Gerais - Cemig Quick Ratio Related Terms
Cia Energetica DE Minas Gerais - Cemig Quick 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 Quick Ratio Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Quick Ratio falls into.
Cia Energetica DE Minas Gerais - Cemig Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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 Quick Ratio of 0.00 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Quick Ratio has ranged from 0.63 to 1.62. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #255 out of 508 companies in the Utilities - Regulated industry, placing it in the top 50.2%.
Is Cia Energetica DE Minas Gerais - Cemig's Quick Ratio too high?
Cia Energetica DE Minas Gerais - Cemig's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.62. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #255 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 Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #255 out of 508 companies for Quick Ratio. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Quick Ratio is 1.01. Historically, Cia Energetica DE Minas Gerais - Cemig's own Quick Ratio has ranged from 0.63 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — 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 Quick 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 Quick 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 Quick 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Quick 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:
Quick 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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