Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Other Gross PPE : $746 Mil (As of Dec. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Other Gross PPE?

Cia Energetica DE Minas Gerais - Cemig's Other Gross PPE for the quarter that ended in Dec. 2023 was $746 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly Other Gross PPE declined from Jun. 2023 ($1,591 Mil) to Sep. 2023 ($675 Mil) but then increased from Sep. 2023 ($675 Mil) to Dec. 2023 ($746 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual Other Gross PPE increased from Dec. 2021 ($1,337 Mil) to Dec. 2022 ($1,480 Mil) but then declined from Dec. 2022 ($1,480 Mil) to Dec. 2023 ($746 Mil).

Cia Energetica DE Minas Gerais - Cemig Other Gross PPE Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Other Gross PPE 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 Other Gross PPE Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Gross PPE

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1,834.33

1,465.78

1,337.07

1,480.34

745.75

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Gross PPE	Get a 7-Day Free Trial															1,480.34	534.69	1,590.53	675.08	745.75

Cia Energetica DE Minas Gerais - Cemig Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Other Gross PPE

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA: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.