Millicom International Cellular Balance Sheet Health
Financial Health criteria checks 2/6
Millicom International Cellular has a total shareholder equity of $3.7B and total debt of $6.3B, which brings its debt-to-equity ratio to 168.6%. Its total assets and total liabilities are $14.1B and $10.3B respectively. Millicom International Cellular's EBIT is $1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of $803.0M.
Key information
168.6%
Debt to equity ratio
US$6.28b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$803.00m |
| Equity | US$3.73b |
| Total liabilities | US$10.34b |
| Total assets | US$14.07b |
Recent financial health updates
Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky
May 30
Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?
Nov 15Millicom 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 29Recent updates
Millicom: Excellent Outperformance On A Too Small Position
Oct 25Millicom International Cellular Q2 Earnings Preview (Rating Downgrade)
Jul 24Millicom International Cellular (NASDAQ:TIGO) Is Doing The Right Things To Multiply Its Share Price
Jul 19Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky
May 30Slowing 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 02Financial Position Analysis
Short Term Liabilities: TIGO's short term assets ($2.8B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: TIGO's short term assets ($2.8B) do not cover its long term liabilities ($7.5B).
Debt to Equity History and Analysis
Debt Level: TIGO's net debt to equity ratio (147%) is considered high.
Reducing Debt: TIGO's debt to equity ratio has reduced from 225.7% to 168.6% over the past 5 years.
Debt Coverage: TIGO's debt is well covered by operating cash flow (24.6%).
Interest Coverage: TIGO's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Millicom International Cellular S.A. is covered by 37 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Nielsen | ABG Sundal Collier |
| Jean-Michel Salvador | AlphaValue |
| Mathieu Robilliard | Barclays |