Millicom International Cellular SA
Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for sports dedicated broadcast business; Ti… Read more
Millicom International Cellular SA - Asset Resilience Ratio
Millicom International Cellular SA (TIGO) has an Asset Resilience Ratio of -0.37% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Millicom International Cellular SA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Millicom International Cellular SA's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-53.00 Million | -0.37% |
| Total Liquid Assets | $-53.00 Million | -0.37% |
Asset Resilience Insights
- Limited Liquidity: Millicom International Cellular SA maintains only -0.37% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Millicom International Cellular SA Industry Peers by Asset Resilience Ratio
Compare Millicom International Cellular SA's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
WQN Inc
PINK:WQNI |
Telecom Services | 16.94% |
|
XOX Technology Bhd
KLSE:0017 |
Telecom Services | 3.13% |
|
Beijing Bewinner Communications Co Ltd
SHE:002148 |
Telecom Services | 29.49% |
|
Net263 Ltd
SHE:002467 |
Telecom Services | 11.81% |
|
Runjian Communication Co Ltd Class A
SHE:002929 |
Telecom Services | 0.59% |
|
Redtone International Bhd
KLSE:0032 |
Telecom Services | 0.10% |
|
Inscobee
KO:006490 |
Telecom Services | 3.01% |
|
Green Packet Bhd
KLSE:0082 |
Telecom Services | 0.00% |
Annual Asset Resilience Ratio for Millicom International Cellular SA (2000–2023)
The table below shows the annual Asset Resilience Ratio data for Millicom International Cellular SA.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.08% | $12.00 Million | $14.52 Billion | -- |
| 2021-12-31 | 0.00% | $0.00 | $15.14 Billion | -- |
| 2020-12-31 | 1.29% | $160.00 Million | $12.42 Billion | -1.59pp |
| 2019-12-31 | 2.88% | $371.00 Million | $12.89 Billion | +1.35pp |
| 2017-12-31 | 1.53% | $145.00 Million | $9.46 Billion | +0.03pp |
| 2016-12-31 | 1.51% | $145.00 Million | $9.63 Billion | +0.14pp |
| 2015-12-31 | 1.37% | $142.00 Million | $10.39 Billion | +0.41pp |
| 2014-12-31 | 0.95% | $128.00 Million | $13.42 Billion | +0.03pp |
| 2013-12-31 | 0.92% | $81.00 Million | $8.77 Billion | +0.38pp |
| 2012-12-31 | 0.54% | $43.00 Million | $7.95 Billion | +0.48pp |
| 2011-12-31 | 0.06% | $4.27 Million | $7.28 Billion | -0.26pp |
| 2010-12-31 | 0.32% | $22.10 Million | $7.00 Billion | -0.98pp |
| 2009-12-31 | 1.29% | $77.50 Million | $5.99 Billion | +1.08pp |
| 2008-12-31 | 0.21% | $11.03 Million | $5.22 Billion | +0.02pp |
| 2007-12-31 | 0.19% | $8.23 Million | $4.41 Billion | -1.18pp |
| 2006-12-31 | 1.37% | $45.40 Million | $3.32 Billion | -0.47pp |
| 2005-12-31 | 1.84% | $47.03 Million | $2.56 Billion | +0.64pp |
| 2004-12-31 | 1.20% | $24.59 Million | $2.05 Billion | -1.96pp |
| 2003-12-31 | 3.16% | $48.17 Million | $1.52 Billion | -5.28pp |
| 2002-12-31 | 8.44% | $101.54 Million | $1.20 Billion | +7.29pp |
| 2001-12-31 | 1.15% | $21.44 Million | $1.87 Billion | -36.55pp |
| 2000-12-31 | 37.69% | $800.07 Million | $2.12 Billion | -- |