Millicom Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Millicom International Cellular
TIGO Stock  USD 72.02  3.13  4.17%   
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
4.5 B
Profit Margin
0.2262
Market Capitalization
12 B
Enterprise Value Revenue
3.4565
Revenue
5.8 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 4th of March 2026, Enterprise Value is likely to grow to about 16.2 B, while Market Cap is likely to drop about 4.8 B.

Millicom International Total Revenue

3.18 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 653.5 M, Selling General Administrative of 551.4 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0765 or PTB Ratio of 2.43. 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 Assets18.1 B17.3 B11.5 B
Slightly volatile
Short and Long Term Debt Total10 B9.5 B5.6 B
Slightly volatile
Other Current Liabilities2.3 B2.2 B1.6 B
Pretty Stable
Total Current Liabilities1.9 B3.4 B2.6 B
Pretty Stable
Total Stockholder Equity3.8 B3.6 B2.7 B
Slightly volatile
Property Plant And Equipment Net5.8 B5.5 B3.5 B
Slightly volatile
Net Debt8.3 B7.9 B4.7 B
Slightly volatile
Accounts Payable633.1 M603 M329.3 M
Slightly volatile
Cash1.6 B1.6 B875.8 M
Slightly volatile
Non Current Assets Total15 B14.3 B9.4 B
Slightly volatile
Non Currrent Assets Other167.9 M316 M131.3 M
Slightly volatile
Cash And Short Term Investments1.6 B1.6 B907 M
Slightly volatile
Net Receivables329 M615 M413 M
Slightly volatile
Common Stock Shares Outstanding130.5 M168.1 M135.6 M
Slightly volatile
Liabilities And Stockholders Equity18.1 B17.3 B11.5 B
Slightly volatile
Non Current Liabilities Total10.8 B10.2 B5.9 B
Slightly volatile
Inventory48.3 M70 M61.1 M
Pretty Stable
Other Current Assets526 M747 M646.3 M
Pretty Stable
Total Liabilities14.3 B13.6 B8.6 B
Slightly volatile
Total Current Assets1.6 B3 B2 B
Slightly volatile
Short Term Debt398.3 M636 M460.2 M
Pretty Stable
Intangible Assets8.2 B7.8 B2.5 B
Slightly volatile
Common Stock1.4 B1.3 B517.7 M
Pretty Stable
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 Amortization653.5 M1.3 B976.1 M
Slightly volatile
Selling General Administrative551.4 M636 M664 M
Pretty Stable
Total Revenue3.2 B5.8 B4.6 B
Slightly volatile
Gross Profit4.7 B4.5 B2.6 B
Slightly volatile
Other Operating Expenses2.6 B4.2 B3.8 B
Slightly volatile
Operating Income1.7 B1.6 B803.5 M
Slightly volatile
EBIT1.6 B1.5 B918.2 M
Pretty Stable
EBITDA3 B2.8 B1.9 B
Slightly volatile
Cost Of Revenue1.4 B1.3 B2.1 B
Pretty Stable
Total Operating Expenses3 B2.9 B1.8 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 Flow619.2 M756 M788.9 M
Pretty Stable
Depreciation664.8 M1.3 B997 M
Slightly volatile
Capital Expenditures671.4 M650 M862.3 M
Very volatile
End Period Cash Flow1.7 B1.6 B885.2 M
Slightly volatile
Stock Based Compensation60.4 M57.5 M28.7 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.521.60132.6727
Slightly volatile
Dividend Yield0.07650.07280.0522
Slightly volatile
PTB Ratio2.432.55993.5278
Slightly volatile
Days Sales Outstanding63.8260.781135.6271
Slightly volatile
Book Value Per Share22.6221.538420.7588
Slightly volatile
Stock Based Compensation To Revenue0.00870.00830.0054
Slightly volatile
Capex To Depreciation0.480.50780.9843
Slightly volatile
PB Ratio2.432.55993.5278
Slightly volatile
EV To Sales2.812.95363.6994
Slightly volatile
Inventory Turnover22.1312.367939.0221
Slightly volatile
Days Of Inventory On Hand24.7129.511814.7132
Pretty Stable
Payables Turnover3.912.67016.8434
Pretty Stable
Sales General And Administrative To Revenue0.10.110.1032
Slightly volatile
Capex To Revenue0.110.11170.1952
Slightly volatile
Cash Per Share10.019.53176.4562
Slightly volatile
Interest Coverage2.952.72.4257
Slightly volatile
Days Payables Outstanding13013774.2331
Very volatile
Intangibles To Total Assets0.480.45420.3338
Slightly volatile
Net Debt To EBITDA4.762.79242.8606
Slightly volatile
Current Ratio1.080.87910.7802
Slightly volatile
Receivables Turnover5.76.005211.1618
Slightly volatile
Graham Number64.8661.769731.854
Pretty Stable
Shareholders Equity Per Share22.7421.657419.1826
Slightly volatile
Debt To Equity2.612.60192.0288
Slightly volatile
Capex Per Share3.813.86746.1675
Pretty Stable
Revenue Per Share17.3534.622232.6218
Very volatile
Interest Debt Per Share59.1756.35141.6021
Slightly volatile
Debt To Assets0.580.54890.4709
Slightly volatile
Enterprise Value Over EBITDA5.796.09911.0514
Slightly volatile
Operating Cycle94.8190.292948.8346
Slightly volatile
Price Book Value Ratio2.432.55993.5278
Slightly volatile
Days Of Payables Outstanding13013774.2331
Very volatile
Operating Profit Margin0.30.28170.1637
Pretty Stable
Company Equity Multiplier4.924.73984.2332
Slightly volatile
Long Term Debt To Capitalization0.720.6430.5855
Slightly volatile
Total Debt To Capitalization0.780.72240.6531
Slightly volatile
Return On Capital Employed0.080.11820.0971
Slightly volatile
Debt Equity Ratio2.612.60192.0288
Slightly volatile
Ebit Per Revenue0.30.28170.1637
Pretty Stable
Quick Ratio1.030.84790.7544
Slightly volatile
Cash Ratio0.30.47230.3094
Slightly volatile
Days Of Inventory Outstanding24.7129.511814.7132
Pretty Stable
Days Of Sales Outstanding63.8260.781135.6271
Slightly volatile
Price To Book Ratio2.432.55993.5278
Slightly volatile
Fixed Asset Turnover1.011.05171.3668
Slightly volatile
Enterprise Value Multiple5.796.09911.0514
Slightly volatile
Debt Ratio0.580.54890.4709
Slightly volatile
Price Sales Ratio1.521.60132.6727
Slightly volatile
Asset Turnover0.330.33730.421
Slightly volatile
Gross Profit Margin0.630.77470.5302
Pretty Stable
Price Fair Value2.432.55993.5278
Slightly volatile

Millicom International Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.8 B9.3 B6.9 B
Slightly volatile
Enterprise Value16.2 B15.5 B13 B
Slightly volatile

Millicom Fundamental Market Drivers

Forward Price Earnings19.4175
Cash And Short Term Investments1.6 B

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 Revenue5.8 B3.2 B
Cost Of Revenue1.3 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  0.11 
Revenue Per Share 34.62  17.35 
Ebit Per Revenue 0.28  0.30 

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 together with Millicom Stock

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Moving against Millicom Stock

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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
View
Largest Telecommunication Services Companies
View
Check out the analysis of Millicom International Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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
7.287
Dividend Share
3
Earnings Share
6.52
Revenue Per Share
34.727
Quarterly Revenue Growth
0.157
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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