Millicom Historical Balance Sheet

TIGO Stock

USD 27.21 0.23 0.84%

Trend analysis of Millicom International Cellular balance sheet accounts such as Total Stockholder Equity of 4.3 B, Property Plant And Equipment Net of 4.8 B, Net Debt of 8.4 B or Retained Earnings of 3.3 B provides information on Millicom International's total assets, liabilities, and equity, which is the actual value of Millicom International to its prevalent stockholders. By breaking down trends over time using Millicom International balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Housing Crash

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Millicom International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Millicom International is a good buy for the upcoming year.

Millicom International Inventory

48.84 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Millicom Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Millicom International at a specified time, usually calculated after every quarter, six months, or one year. Millicom International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Millicom International and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Millicom currently owns. An asset can also be divided into two categories, current and non-current.

Millicom International Balance Sheet Chart

At this time, Millicom International's Non Current Assets Total are very stable compared to the past year. As of the 30th of January 2025, Liabilities And Stockholders Equity is likely to grow to about 17.5 B, while Other Current Liabilities is likely to drop about 916.8 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Good Will Capital Lease Obligations

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Total Assets

Total assets refers to the total amount of Millicom International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Millicom International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Millicom International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Millicom International Cellular are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Lease Obligations

Millicom International capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Millicom International asset purchases. For example, Millicom International can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Millicom International control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Millicom International's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Millicom International current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	7.8B	7.7B	8.9B	9.3B
Total Assets	14.2B	14.5B	16.7B	17.5B

Short Long Term Debt Total Total Assets

Millicom International balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Other Assets
Total Assets		0.95	0.35	0.47	0.81	0.96	0.94	0.67	0.78	0.49	0.99	-0.31	0.47	0.64	0.76	0.95	0.11	0.68	0.56	0.99	0.56	0.28	0.81	0.17	-0.13	-0.29
Short Long Term Debt Total	0.95		0.13	0.34	0.71	0.85	1.0	0.46	0.7	0.45	0.96	-0.34	0.46	0.5	0.73	0.98	-0.1	0.77	0.65	0.98	0.47	0.34	0.83	0.15	-0.3	-0.44
Other Current Liab	0.35	0.13		0.84	0.11	0.57	0.09	0.67	0.52	0.46	0.28	0.32	0.4	0.81	0.29	0.09	0.8	-0.11	-0.31	0.31	0.71	0.16	0.09	0.14	0.09	0.59
Total Current Liabilities	0.47	0.34	0.84		0.16	0.64	0.31	0.56	0.54	0.53	0.41	0.25	0.44	0.78	0.49	0.22	0.68	0.09	-0.16	0.47	0.73	0.64	0.22	0.14	-0.02	0.38
Total Stockholder Equity	0.81	0.71	0.11	0.16		0.76	0.7	0.67	0.65	0.35	0.82	-0.59	0.27	0.42	0.68	0.74	0.02	0.46	0.54	0.72	0.32	-0.01	0.65	0.19	0.24	-0.34
Property Plant And Equipment Net	0.96	0.85	0.57	0.64	0.76		0.82	0.75	0.76	0.6	0.93	-0.2	0.56	0.76	0.73	0.83	0.34	0.56	0.4	0.93	0.69	0.29	0.73	0.22	-0.04	-0.03
Net Debt	0.94	1.0	0.09	0.31	0.7	0.82		0.45	0.68	0.37	0.95	-0.34	0.38	0.46	0.71	0.98	-0.14	0.77	0.67	0.97	0.41	0.33	0.83	0.1	-0.3	-0.49
Retained Earnings	0.67	0.46	0.67	0.56	0.67	0.75	0.45		0.77	0.3	0.65	-0.18	0.23	0.72	0.42	0.46	0.52	0.06	-0.06	0.58	0.53	0.0	0.3	0.21	0.06	0.04
Accounts Payable	0.78	0.7	0.52	0.54	0.65	0.76	0.68	0.77		0.5	0.76	-0.21	0.43	0.8	0.75	0.69	0.26	0.37	0.2	0.74	0.66	0.12	0.45	0.2	-0.16	-0.23
Cash	0.49	0.45	0.46	0.53	0.35	0.6	0.37	0.3	0.5		0.41	-0.16	0.96	0.61	0.53	0.4	0.35	0.22	0.02	0.49	0.84	0.29	0.24	0.5	-0.18	0.34
Non Current Assets Total	0.99	0.96	0.28	0.41	0.82	0.93	0.95	0.65	0.76	0.41		-0.31	0.39	0.59	0.75	0.95	0.03	0.71	0.62	0.98	0.47	0.27	0.84	0.13	-0.13	-0.37
Non Currrent Assets Other	-0.31	-0.34	0.32	0.25	-0.59	-0.2	-0.34	-0.18	-0.21	-0.16	-0.31		-0.11	0.14	-0.36	-0.36	0.09	0.02	-0.28	-0.26	-0.09	0.03	-0.27	0.0	-0.23	0.26
Cash And Short Term Investments	0.47	0.46	0.4	0.44	0.27	0.56	0.38	0.23	0.43	0.96	0.39	-0.11		0.55	0.42	0.43	0.21	0.23	-0.02	0.49	0.81	0.2	0.19	0.45	-0.31	0.32
Net Receivables	0.64	0.5	0.81	0.78	0.42	0.76	0.46	0.72	0.8	0.61	0.59	0.14	0.55		0.54	0.46	0.56	0.23	-0.02	0.61	0.84	0.17	0.3	0.41	-0.14	0.16
Common Stock Shares Outstanding	0.76	0.73	0.29	0.49	0.68	0.73	0.71	0.42	0.75	0.53	0.75	-0.36	0.42	0.54		0.7	0.1	0.56	0.52	0.74	0.54	0.42	0.68	-0.05	0.15	-0.23
Non Current Liabilities Total	0.95	0.98	0.09	0.22	0.74	0.83	0.98	0.46	0.69	0.4	0.95	-0.36	0.43	0.46	0.7		-0.16	0.78	0.68	0.96	0.42	0.18	0.83	0.11	-0.26	-0.47
Inventory	0.11	-0.1	0.8	0.68	0.02	0.34	-0.14	0.52	0.26	0.35	0.03	0.09	0.21	0.56	0.1	-0.16		-0.31	-0.38	0.06	0.58	0.16	-0.03	0.26	0.23	0.71
Other Current Assets	0.68	0.77	-0.11	0.09	0.46	0.56	0.77	0.06	0.37	0.22	0.71	0.02	0.23	0.23	0.56	0.78	-0.31		0.77	0.73	0.16	0.22	0.76	-0.02	-0.2	-0.5
Other Stockholder Equity	0.56	0.65	-0.31	-0.16	0.54	0.4	0.67	-0.06	0.2	0.02	0.62	-0.28	-0.02	-0.02	0.52	0.68	-0.38	0.77		0.58	-0.14	0.09	0.88	-0.04	0.08	-0.51
Total Liab	0.99	0.98	0.31	0.47	0.72	0.93	0.97	0.58	0.74	0.49	0.98	-0.26	0.49	0.61	0.74	0.96	0.06	0.73	0.58		0.56	0.34	0.82	0.14	-0.23	-0.31
Total Current Assets	0.56	0.47	0.71	0.73	0.32	0.69	0.41	0.53	0.66	0.84	0.47	-0.09	0.81	0.84	0.54	0.42	0.58	0.16	-0.14	0.56		0.27	0.2	0.35	-0.15	0.34
Short Term Debt	0.28	0.34	0.16	0.64	-0.01	0.29	0.33	0.0	0.12	0.29	0.27	0.03	0.2	0.17	0.42	0.18	0.16	0.22	0.09	0.34	0.27		0.25	-0.04	-0.13	0.01
Intangible Assets	0.81	0.83	0.09	0.22	0.65	0.73	0.83	0.3	0.45	0.24	0.84	-0.27	0.19	0.3	0.68	0.83	-0.03	0.76	0.88	0.82	0.2	0.25		0.06	-0.01	-0.29
Common Stock	0.17	0.15	0.14	0.14	0.19	0.22	0.1	0.21	0.2	0.5	0.13	0.0	0.45	0.41	-0.05	0.11	0.26	-0.02	-0.04	0.14	0.35	-0.04	0.06		-0.44	0.16
Current Deferred Revenue	-0.13	-0.3	0.09	-0.02	0.24	-0.04	-0.3	0.06	-0.16	-0.18	-0.13	-0.23	-0.31	-0.14	0.15	-0.26	0.23	-0.2	0.08	-0.23	-0.15	-0.13	-0.01	-0.44		0.2
Other Assets	-0.29	-0.44	0.59	0.38	-0.34	-0.03	-0.49	0.04	-0.23	0.34	-0.37	0.26	0.32	0.16	-0.23	-0.47	0.71	-0.5	-0.51	-0.31	0.34	0.01	-0.29	0.16	0.2

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Millicom International Account Relationship Matchups

Millicom International balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.4B	15.1B	14.2B	14.5B	16.7B	17.5B
Short Long Term Debt Total	6.7B	8.9B	7.8B	7.7B	8.9B	9.3B
Other Current Liab	1.6B	1.6B	1.3B	1.4B	1.7B	916.8M
Total Current Liabilities	2.6B	4.5B	2.1B	2.3B	2.7B	1.7B
Total Stockholder Equity	2.1B	2.6B	3.6B	3.5B	4.1B	4.3B
Property Plant And Equipment Net	3.7B	4.2B	3.9B	4.0B	4.6B	4.8B
Net Debt	5.8B	8.0B	6.8B	7.0B	8.0B	8.4B
Retained Earnings	2.0B	2.6B	2.9B	2.7B	3.1B	3.3B
Cash	875M	895M	1.0B	775M	891.3M	633.7M
Non Current Assets Total	10.1B	12.9B	12.1B	12.6B	14.5B	15.2B
Non Currrent Assets Other	198M	127M	105M	96M	86.4M	82.1M
Cash And Short Term Investments	1.0B	895M	1.0B	775M	891.3M	687.0M
Net Receivables	684M	620M	699M	525M	603.8M	386.7M
Common Stock Shares Outstanding	128.9M	164.5M	139.7M	171.4M	197.1M	126.4M
Liabilities And Stockholders Equity	12.4B	15.1B	14.2B	14.5B	16.7B	17.5B
Non Current Liabilities Total	7.5B	7.9B	8.4B	8.7B	10.1B	10.6B
Inventory	32M	37M	63M	53M	51.8M	48.8M
Other Current Assets	853M	507M	371M	570M	655.5M	688.3M
Other Stockholder Equity	431M	415M	1.0B	1.1B	1.2B	1.3B
Total Liab	10.1B	12.4B	10.6B	11.1B	12.7B	13.4B
Total Current Assets	2.3B	2.3B	2.1B	1.9B	2.2B	1.5B
Short Term Debt	236M	2.0B	162M	410M	471.5M	381.8M
Intangible Assets	1.7B	2.8B	3.3B	3.7B	4.2B	4.4B
Common Stock	630M	628M	1.3B	258M	296.7M	571.7M
Current Deferred Revenue	90M	97M	88M	252M	289.8M	238.0M
Long Term Debt	5.6B	5.9B	6.6B	6.5B	7.4B	7.8B
Good Will	1.7B	4.9B	4.1B	4.1B	4.7B	5.0B
Property Plant Equipment	3.9B	3.7B	4.2B	3.9B	4.5B	2.7B
Property Plant And Equipment Gross	3.6B	4.2B	3.9B	11.7B	13.4B	14.1B
Other Liab	669M	1.0B	1.0B	915M	1.1B	1.1B
Net Tangible Assets	(785M)	(1.3B)	(5.1B)	(3.8B)	(3.4B)	(3.2B)
Long Term Investments	2.7B	618M	590M	576M	518.4M	492.5M
Short Long Term Debt	113M	1.8B	180M	221M	254.2M	383.2M

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

0.48	GSAT	Globalstar	Pair Corr
0.47	TEO	Telecom Argentina	Pair Corr
0.47	UCL	Ucloudlink Group	Pair Corr

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 Correlation Correlation 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

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Is Millicom Stock a good investment?

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What is Millicom International's Net Worth?

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Largest Wireless Telecommunication Services Companies

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You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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.

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Millicom Historical Balance Sheet

Millicom International Inventory

48.84 Million

About Millicom Balance Sheet Analysis

Millicom International Balance Sheet Chart

Total Assets

Total Current Liabilities

Good Will

Capital Lease Obligations

Millicom International balance sheet Correlations

Millicom International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Millicom International balance sheet Accounts

Pair Trading with Millicom International

Moving against Millicom Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt

Non Currrent Assets Other	- 0.59	Total Stockholder Equity
Other Assets	- 0.51	Other Stockholder Equity
Other Assets	- 0.5	Other Current Assets
Other Assets	- 0.49	Net Debt
Other Assets	- 0.47	Non Current Liabilities Total
Current Deferred Revenue	- 0.44	Common Stock