Companhia Energetica de Minas Gerais (CIG) Quick Liquidity Indicator

CEMIG operates in the Brazilian domestic market, remaining shielded from sanctions. The ratio of cash and accounts receivable to short-term debt demonstrates current solvency, where 1.20 shows the value of this parameter. Government guarantees and union influence ensure workforce stability. Regulated tariffs in Minas Gerais create high business resilience to macroeconomic shocks.
Analytical breakdowns for Companhia Energetica de Minas Gerais (CIG)

To assess the financial stability of CEMIG (CIG), the ability to cover liabilities without liquidating inventory is critical. By analyzing the acid-test ratio, an investor can determine the ratio of cash and accounts receivable to current liabilities, which is particularly significant during the sale of gas assets to reduce debt load and implement the strategy of transitioning to "green" grids.