CIG NYSE
Credit Risk of going bust: higher than 56% of companies Debt: 43.5% of company value Bonds: none of note held by US funds details ▾
Total debt $4.25B against a stock market value of $5.52B.
Distance to default 4.61 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.23B (short-term plus half of long-term), stock volatility 37.3%; Altman Z'' 2.04. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Belo Horizonte, MG 30190-131
BR
Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Vasconcelos Marco Au | 0 | — | 2026-09-11 |