Millicom Financial Statements From 2010 to 2024

TIGO Stock  USD 26.40  0.11  0.42%   
Millicom International financial statements provide useful quarterly and yearly information to potential Millicom International Cellular investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Millicom International financial statements helps investors assess Millicom International's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Millicom International's valuation are summarized below:
Gross Profit
4.1 B
Profit Margin
0.027
Market Capitalization
4.5 B
Enterprise Value Revenue
1.876
Revenue
5.9 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 2024 to make sure the company can sustain itself down the road. As of the 25th of November 2024, Market Cap is likely to grow to about 6.4 B, while Enterprise Value is likely to drop about 8 B.

Millicom International Total Revenue

3.05 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 1.4 B, Selling General Administrative of 549.6 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.025 or PTB Ratio of 0.83. Millicom financial statements analysis is a perfect complement when working with Millicom International Valuation or Volatility modules.
  
Check out the analysis of Millicom International Correlation against competitors.

Millicom International Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.2 B14.5 B10.8 B
Slightly volatile
Short and Long Term Debt Total8.1 B7.7 B5.2 B
Slightly volatile
Other Current Liabilities916.8 M1.4 B1.6 B
Very volatile
Total Current Liabilities1.7 B2.3 B2.5 B
Very volatile
Total Stockholder Equity3.7 B3.5 B2.6 B
Slightly volatile
Property Plant And Equipment Net2.2 BB3.2 B
Slightly volatile
Net Debt7.3 BB4.4 B
Slightly volatile
Accounts Payable228.3 M390 M281.7 M
Slightly volatile
Cash633.7 M775 M776.1 M
Pretty Stable
Non Current Assets Total13.2 B12.6 B8.9 B
Slightly volatile
Non Currrent Assets Other183.3 M96 M131.7 M
Very volatile
Cash And Short Term Investments687 M775 M815 M
Pretty Stable
Net Receivables386.7 M525 M530 M
Slightly volatile
Common Stock Shares Outstanding126.4 M171.4 M130.6 M
Slightly volatile
Liabilities And Stockholders Equity15.2 B14.5 B10.8 B
Slightly volatile
Non Current Liabilities Total9.2 B8.7 B5.4 B
Slightly volatile
Inventory48.8 M45 M64.5 M
Slightly volatile
Other Current Assets598.5 M570 M268.3 M
Slightly volatile
Total Liabilities11.6 B11.1 BB
Slightly volatile
Total Current Assets1.5 B1.9 B1.9 B
Pretty Stable
Short Term Debt381.8 M410 M442.9 M
Pretty Stable
Intangible Assets3.9 B3.7 B1.8 B
Slightly volatile
Common Stock245.1 M258 M577.8 M
Very volatile
Current Deferred Revenue238 M252 M208.6 M
Slightly volatile
Long Term Debt3.3 B6.5 B4.1 B
Slightly volatile
Good Will4.3 B4.1 B2.1 B
Slightly volatile
Property Plant Equipment2.7 B4.5 B3.3 B
Slightly volatile
Common Stock Total Equity130.8 M137.7 M387.5 M
Slightly volatile
Property Plant And Equipment Gross12.2 B11.7 B4.4 B
Slightly volatile
Other Liabilities1.1 B1.1 B572 M
Slightly volatile
Long Term Investments547.2 M576 M1.5 B
Pretty Stable
Short and Long Term Debt383.2 M221 M298.6 M
Slightly volatile
Long Term Debt Total4.9 B7.8 B4.9 B
Slightly volatile
Capital Surpluse386.7 M432 M473.7 M
Slightly volatile
Non Current Liabilities Other64.6 M68 M115 M
Pretty Stable
Net Invested Capital9.5 B10.2 B7.7 B
Slightly volatile
Deferred Long Term LiabilitiesM11.5 M5.5 M
Slightly volatile
Capital Stock405.7 M258 M256.2 M
Slightly volatile

Millicom International Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 B1.3 BB
Slightly volatile
Selling General Administrative549.6 M614 M673.2 M
Pretty Stable
Total RevenueB5.7 B4.5 B
Pretty Stable
Gross Profit2.1 B2.2 BB
Very volatile
Other Operating Expenses2.6 B4.8 B3.9 B
Pretty Stable
Operating Income520.8 M826 M704.9 M
Pretty Stable
EBIT563.7 M847 M702.1 M
Very volatile
EBITDA1.2 B2.2 B1.6 B
Pretty Stable
Cost Of Revenue3.6 B3.5 B1.7 B
Slightly volatile
Total Operating Expenses1.6 B1.4 B2.4 B
Pretty Stable
Minority Interest136.4 M84 M157.9 M
Very volatile
Selling And Marketing Expenses538.9 M536 M660.4 M
Slightly volatile
Tax Provision141.2 M224 M208 M
Slightly volatile
Interest Income24.7 M26 M220.6 M
Slightly volatile
Research Development154.4 M173.7 M189.1 M
Slightly volatile
Reconciled Depreciation1.2 B1.3 BB
Slightly volatile

Millicom International Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow602.8 MB787.2 M
Pretty Stable
Depreciation1.4 B1.3 BB
Slightly volatile
Capital Expenditures672.4 M1.2 B898 M
Pretty Stable
End Period Cash Flow631.8 M775 M776 M
Pretty Stable
Stock Based Compensation54.6 M52 M24.9 M
Slightly volatile
Issuance Of Capital Stock573.6 M645.3 M702.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.520.5457.9708
Slightly volatile
Dividend Yield0.0250.03880.0382
Pretty Stable
PTB Ratio0.830.87426.864
Slightly volatile
Days Sales Outstanding57.1233.8549.0754
Pretty Stable
Book Value Per Share21.120.099520.5894
Slightly volatile
Stock Based Compensation To Revenue0.00960.00920.005
Slightly volatile
Capex To Depreciation0.840.88421.0864
Slightly volatile
PB Ratio0.830.87426.864
Slightly volatile
EV To Sales1.691.77538.9367
Slightly volatile
Inventory Turnover80.7176.866729.8299
Slightly volatile
Days Of Inventory On Hand4.514.748517.2839
Slightly volatile
Payables Turnover9.318.86925.3207
Pretty Stable
Sales General And Administrative To Revenue0.10.10850.1537
Slightly volatile
Research And Ddevelopement To Revenue0.0230.02580.0281
Slightly volatile
Capex To Revenue0.330.2090.2194
Very volatile
Cash Per Share3.984.59176.0131
Very volatile
Interest Coverage1.11.16172.4919
Slightly volatile
Days Payables Outstanding39.141.153587.5598
Slightly volatile
Intangibles To Total Assets0.560.53630.3196
Slightly volatile
Net Debt To EBITDA4.93.18762.887
Slightly volatile
Current Ratio1.10.82220.778
Slightly volatile
Receivables Turnover6.4310.78298.403
Very volatile
Graham Number18.014.887528.374
Slightly volatile
Shareholders Equity Per Share21.6220.589618.8121
Slightly volatile
Debt To Equity2.511.89771.7968
Slightly volatile
Capex Per Share3.926.90216.6185
Very volatile
Revenue Per Share17.1533.028633.2636
Very volatile
Interest Debt Per Share45.3843.221335.7496
Slightly volatile
Debt To Assets0.560.46140.418
Slightly volatile
Enterprise Value Over EBITDA4.374.599630.6423
Slightly volatile
Operating Cycle70.7738.598558.7176
Pretty Stable
Price Book Value Ratio0.830.87426.864
Slightly volatile
Days Of Payables Outstanding39.141.153587.5598
Slightly volatile
Operating Profit Margin0.120.14590.1537
Slightly volatile
Company Equity Multiplier4.954.11334.2475
Slightly volatile
Long Term Debt To Capitalization0.730.64730.5827
Slightly volatile
Total Debt To Capitalization0.770.65490.6273
Slightly volatile
Return On Capital Employed0.07970.06780.1005
Slightly volatile
Debt Equity Ratio2.511.89771.7968
Slightly volatile
Ebit Per Revenue0.120.14590.1537
Slightly volatile
Quick Ratio1.060.80290.7517
Slightly volatile
Cash Ratio0.30.33280.3029
Slightly volatile
Days Of Inventory Outstanding4.514.748517.2839
Slightly volatile
Days Of Sales Outstanding57.1233.8549.0754
Pretty Stable
Price To Book Ratio0.830.87426.864
Slightly volatile
Fixed Asset Turnover1.021.41421.3888
Slightly volatile
Enterprise Value Multiple4.374.599630.6423
Slightly volatile
Debt Ratio0.560.46140.418
Slightly volatile
Price Sales Ratio0.520.5457.9708
Slightly volatile
Asset Turnover0.340.390.4362
Slightly volatile
Gross Profit Margin0.530.3890.6581
Pretty Stable
Price Fair Value0.830.87426.864
Slightly volatile

Millicom International Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.4 B4.2 B6.8 B
Slightly volatile
Enterprise ValueB11.4 B10.9 B
Pretty Stable

Millicom Fundamental Market Drivers

Forward Price Earnings8.7413
Cash And Short Term Investments775 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 Revenue252 M238 M
Total Revenue5.7 BB
Cost Of Revenue3.5 B3.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.11  0.10 
Research And Ddevelopement To Revenue 0.03  0.02 
Capex To Revenue 0.21  0.33 
Revenue Per Share 33.03  17.15 
Ebit Per Revenue 0.15  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

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  0.41GSAT GlobalstarPairCorr
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:
Check out the analysis of Millicom International Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millicom International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
29.194
Earnings Share
0.92
Revenue Per Share
34.128
Quarterly Revenue Growth
0.005
Return On Assets
0.0499
The market value of Millicom International is measured differently than its book value, which is the value of Millicom that is recorded on the company's balance sheet. Investors also form their own opinion of Millicom International's value that differs from its market value or its book value, called intrinsic value, which is Millicom International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millicom International's market value can be influenced by many factors that don't directly affect Millicom International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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. However, Millicom International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.