Leverage • Cemig
CMIG3
Cemig is an integrated company operating in the energy sector in Brazil, with operations divided into the generation, transmission, distribution, and sale of electricity, as well as natural gas distribution. The company operates its generator park and transmission network, and the distribution of electricity to captive and free consumers is one of its main businesses. Its trading segment buys and sells energy on the free market. In the gas area, the company distributes natural gas through pipelines. In addition, Cemig holds stakes in other companies in the energy sector, including transmission companies such as Taesa.
1,1
N.D. With Lease/EBITDA
How many years of EBITDA are required to pay off the company's net debt considering the lease agreements, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
53,6%
Debt/Equity
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
Premium
- Unrestricted access
- Unlimited data history
- Analysis videos
- Quarterly highlights
- Customizable financials table
- Ranking
- Discussions
...and much more!