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
Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?
Nov 15
Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet
Jul 28Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Mar 31Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Dec 15Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?
Aug 29Here's Why Millicom International Cellular (NASDAQ:TIGO) Is Weighed Down By Its Debt Load
Apr 01Recent updates
Slowing Rates Of Return At Millicom International Cellular (NASDAQ:TIGO) Leave Little Room For Excitement
Apr 19After Leaping 26% Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Are Not Flying Under The Radar
Mar 28Millicom International Cellular S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Mar 15At US$18.10, Is Millicom International Cellular S.A. (NASDAQ:TIGO) Worth Looking At Closely?
Feb 29With Millicom International Cellular S.A. (NASDAQ:TIGO) It Looks Like You'll Get What You Pay For
Jan 25Millicom International Cellular Setting Up For A Great 2024
Jan 19Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return
Dec 09Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?
Nov 15Millicom International Cellular (NASDAQ:TIGO) Hasn't Managed To Accelerate Its Returns
Aug 21Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet
Jul 28Millicom International Cellular (NASDAQ:TIGO) Has Some Way To Go To Become A Multi-Bagger
May 22Analyst Estimates: Here's What Brokers Think Of Millicom International Cellular S.A. (NASDAQ:TIGO) After Its First-Quarter Report
Apr 29Millicom International Cellular S.A.'s (NASDAQ:TIGO) Earnings Haven't Escaped The Attention Of Investors
Apr 18Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Mar 31Returns Are Gaining Momentum At Millicom International Cellular (NASDAQ:TIGO)
Feb 16Why Millicom International Cellular S.A. (NASDAQ:TIGO) Could Be Worth Watching
Jan 05Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Dec 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Hit The Brakes
Sep 26Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?
Aug 29Should You Think About Buying Millicom International Cellular S.A. (NASDAQ:TIGO) Now?
Aug 02Millicom International Cellular S.A. GAAP EPS of $1.14, revenue of $1.47B
Jul 28Investors Met With Slowing Returns on Capital At Millicom International Cellular (NASDAQ:TIGO)
Jun 02Is Millicom International Cellular S.A. (NASDAQ:TIGO) Potentially Undervalued?
Apr 19Here's Why Millicom International Cellular (NASDAQ:TIGO) Is Weighed Down By Its Debt Load
Apr 01Robust Earnings May Not Tell The Whole Story For Millicom International Cellular (NASDAQ:TIGO)
Feb 18The Returns At Millicom International Cellular (NASDAQ:TIGO) Aren't Growing
Feb 15Millicom International Cellular (NASDAQ:TIGO) Has No Shortage Of Debt
Oct 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Paint A Concerning Picture
Aug 23Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky
Jul 01Investors Could Be Concerned With Millicom International Cellular's (NASDAQ:TIGO) Returns On Capital
May 07Millicom International Cellular (NASDAQ:TIGO) Has No Shortage Of Debt
Mar 16Is Millicom International Cellular S.A. (NASDAQ:TIGO) Popular Amongst Institutions?
Feb 23Financial Position Analysis
Short Term Liabilities: TIGO's short term assets ($1.9B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: TIGO's short term assets ($1.9B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: TIGO's net debt to equity ratio (173.6%) is considered high.
Reducing Debt: TIGO's debt to equity ratio has increased from 156.2% to 196.1% over the past 5 years.
Debt Coverage: TIGO's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: TIGO's interest payments on its debt are not well covered by EBIT (1.3x coverage).