Cemig (CIG) - Cash on Hand

Cash on Hand as of June 2024 : $0.66 Billion USD

According to Cemig's latest financial reports the company has $0.66 Billion USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Cemig - Cash on Hand chart (from 2001 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.80 B	10.25%
2021-12-31	$0.72 B	-28.69%
2020-12-31	$1.02 B	89.14%
2019-12-31	$0.53 B	-15.87%
2018-12-31	$0.64 B	-27.74%
2017-12-31	$0.88 B	5.43%
2016-12-31	$0.84 B	-21.17%
2015-12-31	$1.06 B	3.87%
2014-12-31	$1.02 B	-22.67%
2013-12-31	$1.32 B	-5.05%
2012-12-31	$1.40 B	-39.92%
2011-12-31	$2.33 B	-1.35%
2010-12-31	$2.36 B	-6.93%
2009-12-31	$2.53 B	199.64%
2008-12-31	$0.84 B	-16.07%
2007-12-31	$1.00 B	94.28%
2006-12-31	$0.51 B	-17.01%
2005-12-31	$0.62 B	311.02%
2004-12-31	$0.15 B	0.43%
2003-12-31	$0.15 B	607.53%
2002-12-31	$21.43 M	-82.02%
2001-12-31	$0.11 B	189.79%
2000-12-31	$41.13 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Copel ELP	$1.31 B	96.74%	🇧🇷 Brazil
FirstEnergy FE	$0.43 B	-34.17%	🇺🇸 USA
Consolidated Edison ED	$93 M	-86.05%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	$3.01 B	351.55%	🇧🇷 Brazil
Vale VALE	$4.64 B	597.15%	🇧🇷 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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