Millicom International Cellular Financial Health

Short Term Liabilities: TIGO's short term assets ($2.0B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: TIGO's short term assets ($2.0B) do not cover its long term liabilities ($8.7B).

Debt Level: TIGO's net debt to equity ratio (169.3%) is considered high.

Reducing Debt: TIGO's debt to equity ratio has increased from 137.3% to 194% over the past 5 years.

Debt Coverage: TIGO's debt is not well covered by operating cash flow (18.8%).

Interest Coverage: TIGO's interest payments on its debt are not well covered by EBIT (1.5x coverage).

• Healthy companies in the Telecom industry.