Energy Co Of Minas Gerais (CIG) Tax Provisions (2010 - 2024)
Energy Co Of Minas Gerais (CIG) 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) Tax Provisions (2010 - 2024) Analysis & Trends
Energy Co Of Minas Gerais (CIG) 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'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'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 | 5.44 Bn | 4.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |