Companhia Energética de Minas Gerais (CMIG4.SA) Market Cap
Market Cap: $33.88B
Avg Volume: 13.06M
Industry: Diversified Utilities
Sector: Utilities
Market Cap Overview
Market Cap
$33.88B
Share Price
$10.36
Shares Outstanding
3.27B
What is Companhia Energética de Minas Gerais's Market Cap?
Companhia Energética de Minas Gerais's current Market Cap as of today is $33.88B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Companhia Energética de Minas Gerais, the market cap is calculated as $10.36 x 3.27B shares = $33.88B.
As a Large Cap company, Companhia Energética de Minas Gerais is considered a large, well-established company.
Companhia Energética de Minas Gerais Historical Market Cap
Companhia Energética de Minas Gerais Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Companhia Energética de Minas Gerais, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Companhia Energética de Minas Gerais's enterprise value as of September 30, 2024 (Q3 2024) is calculated as:
- Market Cap: $33.88B
- Total Debt: $14.55B
- Cash and Equivalents: $3.66B
- Enterprise Value: $42.36B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Companhia Energética de Minas Gerais Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $33.88B | 56.24% |
| 2023 | $21.68B | 47.51% |
| 2022 | $14.70B | 24.86% |
| 2021 | $11.77B | 11.69% |
| 2020 | $10.54B | 8.51% |
| 2019 | $9.71B | -5.05% |
| 2018 | $10.23B | 32.84% |
| 2017 | $7.70B | 104.85% |
| 2016 | $3.76B | 42.45% |
| 2015 | $2.64B | -52.07% |
| 2014 | $5.51B | 18.85% |
| 2013 | $4.63B | -2.01% |
| 2012 | $4.73B | 5.54% |
| 2011 | $4.48B | 35.68% |
| 2010 | $3.30B | 30.12% |
| 2009 | $2.54B | 62.85% |
| 2008 | $1.56B | 15.74% |
| 2007 | $1.35B | 11.07% |
| 2006 | $1.21B | 53.83% |
| 2005 | $787.96M | -100.00% |
| 2004 | $33.40T | -59.03% |
| 2003 | $81.53T | 502.20% |
| 2002 | $13.54T | -72.93% |
| 2001 | $50.01T | 251.07% |
| 2000 | $14.25T | N/A |
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