Energy Co Of Minas Gerais annual r&d spending
2016
2017
2018
2019
2020
2022
2023
2024
Energy Co Of Minas Gerais R&D Spending Growth & History (CIG)
Energy Co Of Minas Gerais's r&d spending was R$3.0M for fiscal 2024.
View full Energy Co Of Minas Gerais company overviewEnergy Co Of Minas Gerais annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | R$3.0M | −R$3.0M | −50.00% |
| 2023 | 2023-12-31 | R$6.0M | R$0 | 0.00% |
| 2022 | 2022-12-31 | R$6.0M | — | — |
| 2020 | 2020-12-31 | R$225.0M | R$26.0M | +13.07% |
| 2019 | 2019-12-31 | R$199.0M | −R$26.0M | −11.56% |
| 2018 | 2018-12-31 | R$225.0M | −R$8.0M | −3.43% |
| 2017 | 2017-12-31 | R$233.0M | −R$1.0M | −0.43% |
| 2016 | 2016-12-31 | R$234.0M | — | — |
Energy Co Of Minas Gerais r&d spending trends
Over the last five fiscal years, Energy Co Of Minas Gerais's r&d spending decreased from R$199.0M to R$3.0M, a change of −R$196.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Energy Co Of Minas Gerais source filings ↗