Millicom Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Millicom International Cellular
TIGO Stock  USD 60.83  0.34  0.56%   
Millicom International's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Millicom International's valuation are provided below:
Gross Profit
4.3 B
Profit Margin
0.1959
Market Capitalization
10.1 B
Enterprise Value Revenue
3.0186
Revenue
5.6 B
We have found one hundred twenty available fundamental ratios for Millicom International, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Millicom International's last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 29th of January 2026, Market Cap is likely to grow to about 4.7 B, while Enterprise Value is likely to drop about 6.5 B.

Millicom International Total Revenue

7.01 Billion

Check Millicom International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millicom International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Selling General Administrative of 551.4 M or Total Revenue of 7 B, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0228 or PTB Ratio of 1.29. Millicom financial statements analysis is a perfect complement when working with Millicom International Valuation or Volatility modules.
  
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Check out the analysis of Millicom International Correlation against competitors.

Millicom International Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.6 B15.8 B11.3 B
Slightly volatile
Short and Long Term Debt Total8.2 B7.8 B5.4 B
Slightly volatile
Other Current Liabilities2.3 B2.2 B1.6 B
Pretty Stable
Total Current Liabilities1.8 B3.6 B2.6 B
Pretty Stable
Total Stockholder Equity4.4 B4.2 B2.8 B
Slightly volatile
Property Plant And Equipment Net2.3 B4.2 B3.3 B
Slightly volatile
Net Debt7.3 B7 B4.6 B
Slightly volatile
Accounts Payable233.8 M345 M290.7 M
Slightly volatile
Cash637.9 M803.9 M773.4 M
Pretty Stable
Non Current Assets Total13.7 B13.1 B9.3 B
Slightly volatile
Non Currrent Assets Other165.2 M87.3 M117.7 M
Very volatile
Cash And Short Term Investments689.6 M803.9 M807.7 M
Pretty Stable
Net Receivables318.2 M537 M407.8 M
Slightly volatile
Common Stock Shares Outstanding128.8 M198.4 M137.3 M
Slightly volatile
Liabilities And Stockholders Equity16.6 B15.8 B11.3 B
Slightly volatile
Non Current Liabilities Total8.5 B8.1 B5.6 B
Slightly volatile
Inventory47.4 M50.6 M59.9 M
Slightly volatile
Other Current Assets1.4 B1.3 B733.8 M
Slightly volatile
Total Liabilities12.3 B11.7 B8.4 B
Slightly volatile
Total Current Assets1.5 B2.7 B2 B
Slightly volatile
Short Term Debt388.9 M503.7 M451.8 M
Pretty Stable
Intangible Assets3.4 B3.2 B2 B
Slightly volatile
Common Stock319.6 M232.2 M394.6 M
Slightly volatile
Current Deferred Revenue275.4 M305.9 M267 M
Slightly volatile
Long Term Debt3.4 B6.4 B4.3 B
Slightly volatile
Good Will4.9 B4.7 B2.3 B
Slightly volatile
Property Plant Equipment2.7 B4.5 B3.4 B
Slightly volatile
Common Stock Total Equity130.8 M137.7 M359.9 M
Slightly volatile
Property Plant And Equipment Gross13.6 B13 B5.4 B
Slightly volatile
Other Liabilities1.1 B1.1 B612.3 M
Slightly volatile
Long Term Investments479.7 M504.9 M1.4 B
Very volatile
Short and Long Term Debt376.6 M324.3 M298.8 M
Slightly volatile
Long Term Debt Total4.9 B7.8 B5.1 B
Slightly volatile
Capital Surpluse386.7 M432 M474.5 M
Slightly volatile
Non Current Liabilities Other53.5 M56.4 M107 M
Pretty Stable
Net Invested Capital9.6 B10.9 B8 B
Slightly volatile
Deferred Long Term Liabilities7 M11.5 M6 M
Slightly volatile
Capital Stock388.3 M296.7 M257.6 M
Slightly volatile

Millicom International Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.5 B1.4 B1 B
Slightly volatile
Selling General Administrative551.4 M636 M664 M
Pretty Stable
Total Revenue7 B6.7 B4.8 B
Slightly volatile
Gross Profit5.3 B5 B2.7 B
Slightly volatile
Other Operating Expenses5.4 B5.1 B4.1 B
Slightly volatile
Operating Income1.6 B1.5 B792 M
Slightly volatile
EBIT1.4 B1.3 B888.5 M
Very volatile
EBITDA2.8 B2.7 B1.9 B
Slightly volatile
Cost Of Revenue1.4 B1.6 B2.1 B
Pretty Stable
Total Operating Expenses3.7 B3.5 B1.9 B
Slightly volatile
Selling And Marketing Expenses531.5 M472.5 M640.9 M
Slightly volatile
Tax Provision205.7 M323.1 M222.9 M
Pretty Stable
Interest Income58.1 M41.4 M201.8 M
Slightly volatile
Research Development154.4 M173.7 M189.6 M
Slightly volatile
Reconciled Depreciation1.3 B1.4 B1.1 B
Slightly volatile

Millicom International Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow612.5 M955.6 M800.3 M
Pretty Stable
Depreciation1.5 B1.4 B1.1 B
Slightly volatile
Capital Expenditures670 M621 M860.5 M
Very volatile
End Period Cash Flow638 M869.4 M780.7 M
Pretty Stable
Stock Based Compensation60.4 M57.5 M28.7 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.810.852.5868
Slightly volatile
Dividend Yield0.02280.03880.036
Slightly volatile
PTB Ratio1.291.363.3902
Slightly volatile
Days Sales Outstanding25.7426.4331.3665
Very volatile
Book Value Per Share9.7318.7819.8383
Very volatile
Stock Based Compensation To Revenue0.00870.00830.0054
Slightly volatile
Capex To Depreciation0.480.50.9839
Slightly volatile
PB Ratio1.291.363.3902
Slightly volatile
EV To Sales1.952.053.5957
Slightly volatile
Inventory Turnover22.5129.0540.0258
Slightly volatile
Days Of Inventory On Hand24.4613.0113.7278
Slightly volatile
Payables Turnover3.974.266.9404
Pretty Stable
Sales General And Administrative To Revenue0.10.110.1032
Slightly volatile
Capex To Revenue0.10.110.1945
Slightly volatile
Cash Per Share3.953.675.7549
Very volatile
Interest Coverage2.952.72.4257
Slightly volatile
Days Payables Outstanding12988.6871.3707
Pretty Stable
Intangibles To Total Assets0.480.450.3336
Slightly volatile
Net Debt To EBITDA4.822.962.874
Slightly volatile
Current Ratio1.080.880.7803
Slightly volatile
Receivables Turnover12.9814.2912.0774
Very volatile
Graham Number21.023.8727.0446
Pretty Stable
Shareholders Equity Per Share20.0119.0618.8692
Slightly volatile
Debt To Equity2.62.152.0017
Slightly volatile
Capex Per Share3.832.846.1083
Slightly volatile
Revenue Per Share17.0330.4932.3599
Very volatile
Interest Debt Per Share20.438.5638.2749
Slightly volatile
Debt To Assets0.580.570.4721
Slightly volatile
Enterprise Value Over EBITDA4.85.0510.9314
Slightly volatile
Operating Cycle30.6636.6141.9032
Slightly volatile
Price Book Value Ratio1.291.363.3902
Slightly volatile
Days Of Payables Outstanding12988.6871.3707
Pretty Stable
Operating Profit Margin0.120.210.1489
Pretty Stable
Company Equity Multiplier4.924.354.2103
Slightly volatile
Long Term Debt To Capitalization0.720.690.5882
Slightly volatile
Total Debt To Capitalization0.780.750.6547
Slightly volatile
Return On Capital Employed0.07960.110.0966
Slightly volatile
Debt Equity Ratio2.62.152.0017
Slightly volatile
Ebit Per Revenue0.120.210.1489
Pretty Stable
Quick Ratio1.050.860.7563
Slightly volatile
Cash Ratio0.30.20.2934
Pretty Stable
Days Of Inventory Outstanding24.4613.0113.7278
Slightly volatile
Days Of Sales Outstanding25.7426.4331.3665
Very volatile
Price To Book Ratio1.291.363.3902
Slightly volatile
Fixed Asset Turnover1.021.441.3902
Slightly volatile
Enterprise Value Multiple4.85.0510.9314
Slightly volatile
Debt Ratio0.580.570.4721
Slightly volatile
Price Sales Ratio0.810.852.5868
Slightly volatile
Asset Turnover0.330.380.4235
Slightly volatile
Gross Profit Margin0.630.870.5358
Pretty Stable
Price Fair Value1.291.363.3902
Slightly volatile

Millicom International Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.7 B3.9 B6.6 B
Slightly volatile
Enterprise Value6.5 B11.4 B11.4 B
Very volatile

Millicom Fundamental Market Drivers

Forward Price Earnings15.3374
Cash And Short Term Investments699 M

Millicom Upcoming Events

9th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Millicom International Financial Statements

Millicom International investors utilize fundamental indicators, such as revenue or net income, to predict how Millicom Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue305.9 M275.4 M
Total Revenue6.7 B7 B
Cost Of Revenue1.6 B1.4 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.11  0.10 
Capex To Revenue 0.11  0.10 
Revenue Per Share 30.49  17.03 
Ebit Per Revenue 0.21  0.12 

Pair Trading with Millicom International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Millicom International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Millicom International will appreciate offsetting losses from the drop in the long position's value.

Moving against Millicom Stock

  0.4PSGTF PT Semen IndonesiaPairCorr
The ability to find closely correlated positions to Millicom International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Millicom International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Millicom International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Millicom International Cellular to buy it.
The correlation of Millicom International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Millicom International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Millicom International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Millicom International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Millicom International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millicom International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millicom International Cellular Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millicom International Cellular Stock:
How To Invest In Millicom
Details
Is Millicom Stock a good investment?
Details
What is Millicom International's Net Worth?
Details
Largest Wireless Telecommunication Services Companies
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Largest Telecommunication Services Companies
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Check out the analysis of Millicom International Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Will Wireless Telecommunication Services sector continue expanding? Could Millicom diversify its offerings? Factors like these will boost the valuation of Millicom International. If investors know Millicom will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Millicom International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
2.897
Dividend Share
3.75
Earnings Share
6.52
Revenue Per Share
33.178
Quarterly Revenue Growth
(0.01)
Investors evaluate Millicom International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Millicom International's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Millicom International's market price to deviate significantly from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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Please note, there is a significant difference between Millicom International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millicom International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Millicom International's market price signifies the transaction level at which participants voluntarily complete trades.
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