Debt to EBITDA ratio Analysis of Energy of Minas Gerais Co. - Deep Dive
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Fundamentals
Fundamentals
Technicals
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Candlestick
PivotPointDebt to EBITDA of CIG-C
Dec-231.25Very Good Debt to EBITDA | Dec-221.42Very Good Debt to EBITDA | Growth-11.82% |
Debt to EBITDA Analysis of Energy of Minas Gerais Co.
| Debt to EBITDA Ratio 1.25 of Energy of Minas Gerais Co. shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of CIG-C has fallen by -11.82 % Compared to previous Financial Year. |
| Debt to EBITDA Ratio with value of 2.50 was highest in Year Dec-20 in last Five Years. |
| Debt to EBITDA Ratio of CIG-C trending down for at least three Years. |
| Latest Debt to EBITDA Ratio with value of 1.25 is lower than Average Debt to EBITDA of 1.77 in last five years. |
Other Debt to EBITDA Related Info of CIG-C that may interest you.
Energy of Minas Gerais Co. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CIG-C | 2.28 | 2.265 | 0.662 % | Utilities-Diversified |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Mild Stability | |
FY - Historical Debt to EBITDA of Energy of Minas Gerais Co.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 1.25 | 1.42 | 1.53 | 2.50 | 2.13 | 3.25 | 3.52 |
| Change | -11.82 % | -7.26 % | -38.77 % | 17.11 % | -34.35 % | -7.69 % | -25.10 % |
FY Chart of Debt to EBITDA of Energy of Minas Gerais Co.
Note : All Data Generated at the End of Trading Hours (EOD Data)