Energy Co Of Minas Gerais (CIG) Tax Rate (2010 - 2024)
Energy Co Of Minas Gerais (CIG) reported Tax Rate of 0.0% for Q2 2024, up 100.0% on a QoQ basis from 347.01% in Q4 2023.
Energy Co Of Minas Gerais (CIG) has 13 years of Tax Rate data on file, last reported at 0.0% in Q2 2024.
- Quarterly Tax Rate changed N/A year-over-year to 0.0% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.0% (changed N/A YoY) and the FY2025 annual result came in at 13.6%, down 1033.0% from the prior year.
- Tax Rate climbed to 0.0% in Q2 2024 per CIG's latest filing, from 347.01% in the prior quarter.
- Across five years, Tax Rate topped out at 412.74% in Q2 2021 and bottomed at 347.01% in Q4 2023.
- The 4-year median for Tax Rate is 254.28% (2021), against an average of 99.06%.
- The widest annual swing landed in 2020, when Tax Rate plunged 202418 bps; it then soared 4023 bps in 2021.
- Tracing CIG's Tax Rate over 4 years: stood at 294.87% in 2020, then jumped by 200 bps to 295.75% in 2021, then tumbled by 217 bps to 347.01% in 2023, then soared by 100 bps to 0.0% in 2024.
- Per Business Quant, the three latest CIG Tax Rate figures stand at 0.0% (Q2 2024), 347.01% (Q4 2023), and 295.75% (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 16.62 |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 5.15 |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | -9.23 |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 6.18 |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 14.35 |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 26.18 |
| 10 | Energy Co Of Minas Gerais | 1.14 Bn | 477.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Dec 31, 2023 | -347.01 |
| Dec 31, 2023 | -347.01 |
| Sep 30, 2021 | 295.75 |
| Sep 30, 2021 | 295.75 |
| Jun 30, 2021 | 412.74 |
| Jun 30, 2021 | 412.74 |
| Mar 31, 2021 | 254.28 |
| Mar 31, 2021 | 254.28 |
| Dec 31, 2020 | -294.87 |
| Dec 31, 2020 | -294.87 |
| Jun 30, 2020 | 372.50 |
| Jun 30, 2020 | 372.50 |
| Dec 31, 2019 | 1,729.31 |
| Dec 31, 2019 | 1,729.31 |
| Dec 31, 2018 | 2,278.52 |
| Dec 31, 2018 | 2,278.52 |
| Dec 31, 2017 | 829.66 |
| Dec 31, 2017 | 829.66 |
| Dec 31, 2016 | -5.39 |
| Dec 31, 2016 | -5.39 |
| Dec 31, 2014 | 0.96 |
| Dec 31, 2014 | 0.96 |
| Dec 31, 2013 | 0.86 |
| Dec 31, 2013 | 0.86 |
| Jun 30, 2012 | -43.73 |
| Jun 30, 2012 | -43.73 |
| Jun 30, 2011 | 39.91 |
| Jun 30, 2011 | 39.91 |
| Dec 31, 2010 | -306.84 |
| Dec 31, 2010 | -306.84 |