Millicom International Cellular Balance Sheet Health
Financial Health criteria checks 0/6
Millicom International Cellular has a total shareholder equity of $3.4B and total debt of $6.8B, which brings its debt-to-equity ratio to 196.1%. Its total assets and total liabilities are $14.5B and $11.1B respectively. Millicom International Cellular's EBIT is $775.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $775.0M.
Key information
196.1%
Debt to equity ratio
US$6.76b
Debt
Interest coverage ratio | 1.3x |
Cash | US$775.00m |
Equity | US$3.45b |
Total liabilities | US$11.07b |
Total assets | US$14.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M4M1's short term assets ($1.9B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: M4M1's short term assets ($1.9B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: M4M1's net debt to equity ratio (173.6%) is considered high.
Reducing Debt: M4M1's debt to equity ratio has increased from 156.2% to 196.1% over the past 5 years.
Debt Coverage: M4M1's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: M4M1's interest payments on its debt are not well covered by EBIT (1.3x coverage).