Cemig (CIG) - Net assets

Net assets on the balance sheet as of March 2024 : $5.07 Billion USD

According to Cemig's latest financial reports the company has $5.07 Billion USD 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	$$4.12 B	17.96%
2021-12-31	$$3.49 B	3.77%
2020-12-31	$$3.36 B	-16.03%
2019-12-31	$$4.00 B	-3.41%
2018-12-31	$$4.15 B	-4.18%
2017-12-31	$$4.33 B	8.97%
2016-12-31	$$3.97 B	21.12%
2015-12-31	$$3.28 B	-22.8%
2014-12-31	$$4.25 B	-20.62%
2013-12-31	$$5.35 B	-5.15%
2012-12-31	$$5.64 B	-10.45%
2011-12-31	$$6.30 B	-8.66%
2010-12-31	$$6.90 B	7.79%
2009-12-31	$$6.40 B	59.51%
2008-12-31	$$4.01 B	-13.7%
2007-12-31	$$4.65 B	18.29%
2006-12-31	$$3.93 B	-8.57%
2005-12-31	$$4.30 B	161.59%
2004-12-31	$$1.64 B	-44.2%
2003-12-31	$$2.94 B	121.46%
2002-12-31	$$1.33 B	-1.01%
2001-12-31	$$1.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Copel ELP	$4.47 B	-11.71%	🇧🇷 Brazil
FirstEnergy FE	$13.72 B	170.73%	🇺🇸 USA
Consolidated Edison ED	$21.56 B	325.18%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	$2.93 B	-42.05%	🇧🇷 Brazil
Vale VALE	$38.38 B	657.02%	🇧🇷 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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