Millicom International Cellular Balance Sheet Health
Financial Health criteria checks 0/6
Millicom International Cellular has a total shareholder equity of $3.5B and total debt of $6.6B, which brings its debt-to-equity ratio to 188.8%. Its total assets and total liabilities are $14.4B and $10.8B respectively. Millicom International Cellular's EBIT is $923.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $622.0M.
Key information
188.8%
Debt to equity ratio
US$6.62b
Debt
Interest coverage ratio | 1.6x |
Cash | US$622.00m |
Equity | US$3.51b |
Total liabilities | US$10.84b |
Total assets | US$14.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GRK's short term assets ($2.7B) do not cover its short term liabilities ($3.2B).
Long Term Liabilities: 0GRK's short term assets ($2.7B) do not cover its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: 0GRK's net debt to equity ratio (171%) is considered high.
Reducing Debt: 0GRK's debt to equity ratio has increased from 169.3% to 188.8% over the past 5 years.
Debt Coverage: 0GRK's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 0GRK's interest payments on its debt are not well covered by EBIT (1.6x coverage).