Millicom International Cellular S.A. (TIGO) quarterly balance sheet — complete assets, liabilities & equity history
Millicom International Cellular S.A. (TIGO) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Assets | 20.68B | 20.75B | 17.25B | 15.59B | 15B | 13.66B | 13.74B | 14.07B | 14.19B | 14.35B | 14.52B | 14.46B | 14.45B | 14.43B | 14.2B | 14.15B | 14.33B | 15.17B | 15.14B | 11.4B |
| Asset Growth % | 37.86% | 51.85% | 25.6% | 10.83% | 5.71% | -4.81% | -5.37% | -2.7% | -1.81% | -0.51% | 2.24% | 2.13% | 0.87% | -4.87% | -6.23% | 24.17% | 24.52% | 28.66% | 21.89% | -7.54% |
| PP&E (Net) | 4.68B | 7.45B | 5.53B | 4.62B | 4.38B | 3.82B | 3.64B | 3.61B | 3.65B | 3.83B | 4B | 3.9B | 3.93B | 3.89B | 3.87B | 3.91B | 4.02B | 4.14B | 4.41B | 3.35B |
| PP&E / Total Assets % | 22.61% | 35.92% | 32.07% | 29.62% | 29.2% | 27.95% | 26.48% | 25.63% | 25.7% | 26.65% | 27.57% | 26.95% | 27.17% | 26.99% | 27.26% | 27.65% | 28.03% | 27.32% | 29.11% | 29.42% |
| Total Current Assets | 2.75B | 3.07B | 2.98B | 3.1B | 2.83B | 2.22B | 2.38B | 2.79B | 2.83B | 2.74B | 1.92B | 1.89B | 1.83B | 1.93B | 2.06B | 1.98B | 1.92B | 2.57B | 2.25B | 1.89B |
| Cash & Equivalents | 861M | 1.22B | 1.6B | 1.71B | 1.28B | 534M | 699M | 803M | 792M | 622M | 775M | 759M | 697M | 903M | 1.04B | 884M | 776M | 695M | 895M | 723M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 101M | 135M | 106M | 106M | 74M | 56M | 44M | 60M | 63M | 59M | 45M | 65M | 69M | 68M | 53M | 67M | 104M | 90M | 63M | 55M |
| Other Current Assets | 936M | 234M | 195M | 465M | 666M | 1.05B | 1.08B | 1.23B | 1.24B | 1.31B | 489M | 404M | 315M | 305M | 400M | 402M | 396M | 1.11B | 653M | 539M |
| Long-Term Investments | 8M | 651M | 583M | 539M | 565M | 565M | 561M | 610M | 599M | 589M | 576M | 579M | 602M | 592M | 590M | 585M | 621M | 612M | 618M | 2.62B |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 4.09B | 0 | 0 | 0 | 4.11B | 0 | 0 | 0 | 4.06B | 0 | 2.63B | 0 | 4.1B | 0 |
| Intangible Assets | 8.79B | 8.72B | 7.84B | 7.09B | 7.01B | 6.84B | 2.81B | 6.82B | 6.88B | 6.95B | 3.68B | 7.69B | 7.7B | 7.63B | 3.3B | 7.41B | 4.86B | 7.55B | 3.46B | 3.2B |
| Other Assets | 4.04B | 502M | 151M | 127M | 108M | 99M | 97M | 96M | 94M | 100M | 97M | 179M | 176M | 173M | 107M | 94M | 102M | 112M | 126M | 130M |
| Total Liabilities | 18.18B | 17.58B | 13.63B | 12.28B | 11.5B | 10.31B | 10.16B | 10.34B | 10.6B | 10.84B | 11.07B | 10.86B | 10.86B | 10.8B | 10.56B | 10.57B | 10.68B | 12.38B | 12.4B | 9.26B |
| Total Debt | 11.9B | 11.72B | 9.47B | 8.44B | 7.93B | 7.12B | 6.77B | 7.25B | 7.47B | 7.68B | 7.74B | 7.74B | 7.76B | 7.87B | 7.82B | 7.89B | 7.9B | 8.49B | 8.91B | 6.22B |
| Net Debt | 11.04B | 10.51B | 7.87B | 6.73B | 6.64B | 6.58B | 6.07B | 6.45B | 6.68B | 7.06B | 6.96B | 6.98B | 7.07B | 6.97B | 6.78B | 7.01B | 7.12B | 7.8B | 8.02B | 5.5B |
| Long-Term Debt | 7.65B | 7.39B | 6.56B | 5.82B | 5.56B | 5.52B | 5.53B | 5.93B | 6.18B | 6.09B | 6.48B | 6.49B | 6.51B | 6.67B | 6.62B | 6.74B | 6.73B | 6.88B | 5.9B | 5.17B |
| Short-Term Borrowings | 1.09B | 1.56B | 622M | 656M | 354M | 254M | 282M | 243M | 220M | 449M | 221M | 233M | 226M | 179M | 180M | 129M | 129M | 542M | 1.84B | 95M |
| Capital Lease Obligations | 3.16B | 2.77B | 2.29B | 1.97B | 2.02B | 1.35B | 954M | 1.08B | 1.08B | 1.14B | 1.04B | 1.02B | 1.03B | 1.03B | 1.02B | 1.02B | 1.03B | 1.07B | 1.17B | 953M |
| Total Current Liabilities | 5.16B | 5.03B | 3.39B | 3.35B | 3.19B | 2.92B | 3.12B | 2.88B | 2.93B | 3.19B | 2.33B | 2.17B | 2.18B | 2.07B | 2.12B | 1.92B | 2.02B | 3.52B | 4.49B | 2.3B |
| Accounts Payable | 809M | 724M | 491M | 400M | 340M | 330M | 300M | 277M | 306M | 312M | 390M | 325M | 362M | 391M | 400M | 325M | 354M | 380M | 347M | 249M |
| Accrued Expenses | 807M | 0 | 4M | 0 | 452M | 413M | 421M | 491M | 476M | 458M | 444M | 460M | 442M | 402M | 412M | 429M | 468M | 458M | 539M | 474M |
| Deferred Revenue | 206M | 211M | 250M | 87M | 95M | 104M | 266M | 127M | 126M | 109M | 309M | 167M | 172M | 88M | 241M | 89M | 90M | 92M | 416M | 88M |
| Other Current Liabilities | 1.75B | 2.36B | 1.88B | 2.08B | 844M | 1.04B | 909M | 1.16B | 1.25B | 1.27B | 213M | 357M | 329M | 308M | 76M | 295M | 312M | 1.35B | 420M | 748M |
| Deferred Taxes | 239M | 220M | 149M | 133M | 133M | 136M | 149M | 142M | 137M | 140M | 140M | 143M | 147M | 148M | 148M | 151M | 149M | 159M | 214M | 202M |
| Other Liabilities | 2.31B | 2.16B | 1.24B | 1.01B | 810M | 548M | 545M | 494M | 466M | 478M | 1.24B | 1.22B | 1.15B | 1.05B | 787M | 894M | 895M | 897M | 755M | 758M |
| Total Equity | 2.49B | 3.17B | 3.62B | 3.31B | 3.5B | 3.35B | 3.57B | 3.73B | 3.59B | 3.51B | 3.44B | 3.59B | 3.6B | 3.63B | 3.63B | 3.58B | 3.64B | 2.79B | 2.74B | 2.15B |
| Equity Growth % | -28.7% | -5.49% | 1.29% | -11.19% | -2.62% | -4.45% | 3.74% | 3.7% | -0.14% | -3.36% | -5.2% | 0.39% | -1.29% | 30.1% | 32.63% | 66.9% | 68.08% | 24.32% | 20.49% | -5.34% |
| Shareholders Equity | 2.53B | 3.14B | 3.64B | 3.34B | 3.54B | 3.39B | 3.63B | 3.81B | 3.68B | 3.6B | 3.53B | 3.64B | 3.62B | 3.63B | 3.6B | 3.54B | 3.58B | 2.63B | 2.58B | 1.97B |
| Minority Interest | -38M | 32M | -20M | -33M | -39M | -33M | -54M | -79M | -85M | -94M | -84M | -49M | -27M | 4M | 29M | 43M | 60M | 158M | 157M | 179M |
| Common Stock | 253M | 253M | 253M | 253M | 253M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 258M | 153M | 153M | 153M |
| Additional Paid-in Capital | 1.03B | 1.03B | 1.04B | 1.04B | 1.04B | 1.06B | 1.06B | 1.06B | 1.07B | 1.07B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 1.09B | 474M | 476M | 476M |
| Retained Earnings | 2.27B | 2.89B | 3.09B | 2.83B | 3.06B | 2.95B | 2.88B | 3.02B | 2.89B | 2.82B | 2.7B | 2.85B | 2.85B | 2.87B | 2.87B | 2.81B | 2.84B | 2.64B | 2.61B | 1.97B |
| Accumulated OCI | -1.06B | -1B | -689M | -730M | -762M | -741M | -531M | -525M | -519M | -525M | -500M | -528M | -534M | -541M | -559M | -570M | -556M | -581M | -594M | -595M |
| Return on Assets (ROA) | 0.53% | 0.57% | 1.53% | 1.27% | 4.72% | 1.41% | 0.23% | 0.36% | 0.55% | 0.64% | -0.43% | -0.01% | -0.15% | 0.02% | 0.4% | -0.22% | 0.06% | 0.15% | 4.85% | 0.04% |
| Return on Equity (ROE) | 3.85% | 3.21% | 7.27% | 5.73% | 19.73% | 5.57% | 0.88% | 1.39% | 2.2% | 2.65% | -1.79% | -0.03% | -0.61% | 0.08% | 1.58% | -0.86% | 0.28% | 0.83% | 26.33% | 0.23% |
| Debt / Equity | 4.77x | 3.70x | 2.62x | 2.55x | 2.27x | 2.12x | 1.89x | 1.95x | 2.08x | 2.19x | 2.25x | 2.15x | 2.16x | 2.17x | 2.15x | 2.20x | 2.17x | 3.04x | 3.25x | 2.90x |
| Debt / Assets | 57.55% | 56.51% | 54.89% | 54.15% | 52.85% | 52.1% | 49.28% | 51.55% | 52.67% | 53.53% | 53.32% | 53.55% | 53.71% | 54.56% | 55.08% | 55.74% | 55.12% | 56% | 58.85% | 54.56% |
| Net Debt / EBITDA | 10.94x | 12.27x | 9.38x | 9.54x | 10.16x | 10.37x | 9.03x | 11.01x | 10.54x | 11.17x | 12.53x | 13.10x | 13.72x | 13.75x | 12.40x | 13.02x | 12.34x | 13.83x | 17.35x | 15.66x |
| Book Value per Share | 14.85 | 18.92 | 21.55 | 19.69 | 20.87 | 19.73 | 20.69 | 21.59 | 20.77 | 20.37 | 20.06 | 20.75 | 21 | 21.25 | 21.19 | 20.95 | 31.98 | 21.81 | 16.66 | 13.01 |