Cemig (CIG) - Net assets

Net assets on the balance sheet as of June 2024 : C$6.85 Billion

According to Cemig's latest financial reports the company has C$6.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cemig - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$5.59 B	25.6%
2021-12-31	$C$4.45 B	3.72%
2020-12-31	$C$4.29 B	-18.03%
2019-12-31	$C$5.23 B	-7.39%
2018-12-31	$C$5.65 B	3.82%
2017-12-31	$C$5.44 B	1.95%
2016-12-31	$C$5.34 B	17.33%
2015-12-31	$C$4.55 B	-7.72%
2014-12-31	$C$4.93 B	-13.47%
2013-12-31	$C$5.70 B	1.53%
2012-12-31	$C$5.61 B	-12.46%
2011-12-31	$C$6.41 B	-7.06%
2010-12-31	$C$6.90 B	2.41%
2009-12-31	$C$6.73 B	38.03%
2008-12-31	$C$4.88 B	5.18%
2007-12-31	$C$4.64 B	1.35%
2006-12-31	$C$4.58 B	-8.57%
2005-12-31	$C$5.00 B	174.8%
2004-12-31	$C$1.82 B	-52.32%
2003-12-31	$C$3.82 B	97.12%
2002-12-31	$C$1.93 B	-1.86%
2001-12-31	$C$1.97 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Copel ELP	C$6.73 B	-1.75%	🇧🇷 Brazil
FirstEnergy FE	C$19.67 B	186.99%	🇺🇸 USA
Consolidated Edison ED	C$31.46 B	359.00%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	C$4.02 B	-41.22%	🇧🇷 Brazil
Vale VALE	C$57.05 B	732.39%	🇧🇷 Brazil

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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