Millicom International Cellular SA (TIGO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Millicom International Cellular SA (TIGO) has a cash flow conversion efficiency ratio of 0.290x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($723.63 Million) by net assets ($2.49 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Millicom International Cellular SA (TIGO) total market value for the company's overall valuation and market capitalisation.
Millicom International Cellular SA - Cash Flow Conversion Efficiency Trend (1993–2025)
This chart illustrates how Millicom International Cellular SA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Millicom International Cellular SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Millicom International Cellular SA ranked by their cash flow conversion efficiency. Explore TIGO cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
National Bank of Greece S.A
AT:ETE
|
-0.059x |
|
Leidos Holdings Inc
NYSE:LDOS
|
0.059x |
|
EVE Energy
SHE:300014
|
0.063x |
|
Nippon Sanso Holdings Corp.
NYSE:NPXYY
|
0.067x |
|
Annaly Capital Management, Inc.
NYSE:NLY
|
0.095x |
|
Beiersdorf Aktiengesellschaft
F:BEI
|
0.019x |
|
Plains All American Pipeline LP
NASDAQ:PAA
|
0.033x |
|
Vodacom Group Ltd
JSE:VOD
|
0.321x |
Annual Cash Flow Conversion Efficiency for Millicom International Cellular SA (1993–2025)
The table below shows the annual cash flow conversion efficiency of Millicom International Cellular SA from 1993 to 2025. View Millicom International Cellular SA stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.62 Billion | $1.83 Billion | 0.506x | +8.43% |
| 2024-12-31 | $3.57 Billion | $1.67 Billion | 0.467x | +31.54% |
| 2023-12-31 | $3.44 Billion | $1.22 Billion | 0.355x | +0.47% |
| 2022-12-31 | $3.63 Billion | $1.28 Billion | 0.353x | +1.27% |
| 2021-12-31 | $2.74 Billion | $956.00 Million | 0.349x | -3.36% |
| 2020-12-31 | $2.27 Billion | $821.00 Million | 0.361x | +20.84% |
| 2019-12-31 | $2.68 Billion | $801.00 Million | 0.299x | +5.36% |
| 2018-12-31 | $2.79 Billion | $792.00 Million | 0.284x | +13.46% |
| 2017-12-31 | $3.28 Billion | $820.00 Million | 0.250x | -4.13% |
| 2016-12-31 | $3.37 Billion | $878.00 Million | 0.261x | -41.14% |
| 2015-12-31 | $3.73 Billion | $1.65 Billion | 0.443x | +13.30% |
| 2014-12-31 | $3.73 Billion | $1.46 Billion | 0.391x | -32.77% |
| 2013-12-31 | $2.08 Billion | $1.21 Billion | 0.581x | -14.30% |
| 2012-12-31 | $2.34 Billion | $1.58 Billion | 0.679x | +2.99% |
| 2011-12-31 | $2.45 Billion | $1.61 Billion | 0.659x | +100.46% |
| 2010-12-31 | $2.39 Billion | $785.37 Million | 0.329x | +66.51% |
| 2009-12-31 | $2.31 Billion | $455.97 Million | 0.197x | -70.94% |
| 2008-12-31 | $1.65 Billion | $1.12 Billion | 0.679x | -16.37% |
| 2007-12-31 | $1.37 Billion | $1.11 Billion | 0.812x | -0.92% |
| 2006-12-31 | $582.39 Million | $477.46 Million | 0.820x | -32.79% |
| 2005-12-31 | $333.78 Million | $407.17 Million | 1.220x | +12.81% |
| 2004-12-31 | $280.44 Million | $303.24 Million | 1.081x | +134.38% |
| 2003-12-31 | $-58.61 Million | $184.36 Million | -3.146x | -1043.86% |
| 2002-12-31 | $-271.53 Million | $74.67 Million | -0.275x | -120.94% |
| 2001-12-31 | $79.16 Million | $103.97 Million | 1.313x | +278.48% |
| 2000-12-31 | $348.86 Million | $121.07 Million | 0.347x | +531.09% |
| 1999-12-31 | $299.12 Million | $-24.08 Million | -0.081x | -134.11% |
| 1998-12-31 | $289.86 Million | $68.40 Million | 0.236x | +838.73% |
| 1997-12-31 | $112.70 Million | $-3.60 Million | -0.032x | -179.60% |
| 1996-12-31 | $148.80 Million | $-1.70 Million | -0.011x | +92.83% |
| 1995-12-31 | $167.50 Million | $-26.70 Million | -0.159x | +21.85% |
| 1994-12-31 | $126.00 Million | $-25.70 Million | -0.204x | -15.50% |
| 1993-12-31 | $92.30 Million | $-16.30 Million | -0.177x | -- |
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