Cemig (CIG) - Cash on Hand

Cash on Hand as of December 2023 : $0.64 B

According to Cemig's latest financial reports the company has $0.64 B 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 2023)

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	298.7%
2004-12-31	$$0.15 B	3.53%
2003-12-31	$$0.15 B	586.33%
2002-12-31	$$22.09 M	-82.02%
2001-12-31	$$0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Copel ELP	$1.15 B	79.35%	🇧🇷 Brazil
FirstEnergy FE	$0.88 B	37.83%	🇺🇸 USA
Consolidated Edison ED	$0.16 B	-73.77%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	$3.28 B	409.34%	🇧🇷 Brazil
Vale VALE	$3.83 B	495.10%	🇧🇷 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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