Companhia Energética de Minas Gerais - CEMIG company logo
Companhia Energética de Minas Gerais - CEMIG logo

CIG Quick Ratio

Annual Quick Ratio

0.860.05-5.49%

Summary

Current Value
As of today, CIG annual quick ratio is 0.86, down -5.49% on
Historical Performance
CIG annual quick ratio is down -28.93% over the past 3 years, and down -33.85% over the past 5 years
All-Time High Comparison
CIG annual quick ratio is currently -46.25% below its historical high of 1.60 set on
3-Year Low Comparison
CIG annual quick ratio is at its 3-year low
Sector Comparison
CIG annual quick ratio is higher than 62.83% of companies in Utilities sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

CIG Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.86-5.5%-28.9%-33.9%+3.6%
Quarterly Quick Ratio0.89-14.4%-29.9%-47.6%-42.2%
Price$2.03+13.4%+28.1%-8.4%-71.4%
Annual Current Assets$1.98B-19.0%-14.8%-23.1%-59.9%
Annual Inventory$0.000.0%0.0%0.0%-100.0%
Annual Current Liabilities$2.29B-15.1%+19.3%+15.7%-61.2%
Annual Current Ratio0.86-5.5%-28.9%-33.9%+2.4%
Annual Debt To Equity0.46+2.2%-23.3%-51.1%-65.2%
Piotroski F-Score50.0%-37.5%-44.4%-28.6%
Altman Z-Score2.08+4.0%+22.4%+30.8%+34.2%

Quick Ratio Highs

CIG Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.20N/A-28.3%
5Y1.60N/A-46.3%
All1.60-46.3%

Quick Ratio Lows

CIG Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.86at low
5Y0.86at low
All0.28+207.1%

Quick Ratio History

YearValueChange
0.86-5.5%
0.91-24.2%
1.20-0.8%
1.21-24.4%
1.60+23.1%
1.30+9.2%
1.19+22.7%
0.97+34.7%
0.72+1.4%
0.71+10.9%
0.64-42.9%
1.12+64.7%
0.68-2.9%
0.70-44.4%
1.26+51.8%
0.83-37.1%
1.32+0.8%
1.31+21.3%
1.08+20.0%
YearValueChange
0.90+4.7%
0.86+19.4%
0.72+18.0%
0.61-35.8%
0.95+41.8%
0.67+45.7%
0.46+2.2%
0.45-21.1%
0.57-10.9%
0.64-1.5%
0.65-11.0%
0.73+62.2%
0.45+60.7%
0.28-28.2%
0.39+5.4%
0.37-21.3%
0.47+30.6%
0.36-7.7%
0.39-

FAQ

  • What is the current annual quick ratio of CIG?

    As of today, CIG annual quick ratio is 0.86

  • What is 1-year change in CIG annual quick ratio?

    CIG annual quick ratio is down -5.49% year-over-year

  • What is 3-year change in CIG annual quick ratio?

    CIG annual quick ratio is down -28.93% over the past 3 years

  • How far is CIG annual quick ratio from its all-time high?

    CIG annual quick ratio is currently -46.25% below its historical high of 1.60 set on December 31, 2020

  • How does CIG annual quick ratio rank versus sector peers?

    CIG annual quick ratio is higher than 62.83% of companies in Utilities sector

  • When is CIG next annual earnings release?

    The next annual earnings release for CIG is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. CIG Official Website www.cemig.com.br
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1157557/000155485525000408/0001554855-25-000408-index.htm
  3. CIG Profile on Yahoo Finance finance.yahoo.com/quote/CIG
  4. CIG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cig