Energy Co Of Minas Gerais (CIG-C) Tax Provisions (2010 - 2024)

Energy Co Of Minas Gerais (CIG-C) reported Tax Provisions of $8.6 million for Q4 2024, down 76.56% quarter-over-quarter from $36.6 million in Q3 2021.

Energy Co Of Minas Gerais (CIG-C) Tax Provisions (2010 - 2024) Analysis & Trends

Energy Co Of Minas Gerais (CIG-C) has 13 years of Tax Provisions data on file, last reported at $8.6 million in Q4 2024.

  • Tax Provisions for Q4 2024 came in at $8.6 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2024 was -$190.5 million (changed N/A YoY), and the FY2025 annual result was $143.0 million, down 62.88% from the prior year.
  • Tax Provisions eased to $8.6 million in Q4 2024 per CIG-C's latest filing, from $36.6 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $36.6 million in Q3 2021 and troughed at -$73518.3 in Q2 2020.
  • A 3-year average of $18.7 million and a median of $20.0 million in 2021 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2020 and 2021: Tax Provisions dropped 20.26% in 2020, then jumped 36797.62% in 2021.
  • A 3-year view of Tax Provisions shows it stood at $25.9 million in 2020, then soared by 41.27% to $36.6 million in 2021, then plunged by 76.56% to $8.6 million in 2024.
  • Business Quant data shows CIG-C's Tax Provisions at $8.6 million in Q4 2024, $36.6 million in Q3 2021, and $27.0 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 81.67 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 48.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn -47.00 Mn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 53.10 Mn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 60.00 Mn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 682.00 Mn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 138.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 85.00 Mn
10 Energy Co Of Minas Gerais - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 8.59 Mn
Sep 30, 2021 36.65 Mn
Jun 30, 2021 26.98 Mn
Mar 31, 2021 14.02 Mn
Dec 31, 2020 25.94 Mn
Jun 30, 2020 -73,518.34
Dec 31, 2019 32.54 Mn
Jun 30, 2019 -346,443.49
Dec 31, 2018 29.44 Mn
Sep 30, 2018 2.42 Bn
Jun 30, 2018 2.04 Bn
Mar 31, 2018 2.13 Bn
Dec 31, 2017 -198.63 Mn
Sep 30, 2017 2.48 Bn
Dec 31, 2016 -31.23 Mn
Jun 30, 2016 -56,401.30
Dec 31, 2015 -232.23 Mn
Sep 30, 2015 -239.75 Mn
Jun 30, 2015 242.17 Mn
Dec 31, 2014 240.93 Mn