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. Check asset allocation strategy of Millicom International Cellular SA to assess the company's strategic physical and investment asset allocation.
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. See Millicom International Cellular SA balance sheet independence to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see TIGO market cap overview.
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 |
|---|---|---|
|
SOFTBANK CORP. ADR
F:3AG0 |
Telecom Services | 2.15% |
|
Rogers Communications Inc
TO:RCI-B |
Telecom Services | 0.15% |
|
TELECOM ITALIA ADR 1
F:TQIA |
Telecom Services | 3.73% |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959 |
Telecom Services | 19.58% |
|
Tuas Ltd
AU:TUA |
Telecom Services | 16.19% |
|
NOVA Technology Corporation Limited
SHE:300921 |
Telecom Services | 55.22% |
|
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3 |
Telecom Services | 12.41% |
|
Centratama Telekomunikasi Ind
JK:CENT |
Telecom Services | 0.46% |
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 | -- |
About Millicom International Cellular SA
Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company 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. In addition, the company provides fixed services, includ… Read more