Millicom International Cellular SA (TIGO) — Cash Flow Quality Index
Millicom International Cellular SA (TIGO) has a Cash Flow Quality Index of 1.89x as of December 2025. Operating cash flow of $477.00 Million exceeds net income of $252.00 Million, indicating high earnings quality where cash backs reported profits. Explore how much of Millicom International Cellular SA's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Millicom International Cellular SA Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Millicom International Cellular SA across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Millicom International Cellular SA's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Millicom International Cellular SA (1993–2025)
Year-by-year earnings quality comparison for Millicom International Cellular SA. For live market cap and the full company financial profile, see Millicom International Cellular SA stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.39x | $1.83 Billion | $1.32 Billion | ▼ -78.6% |
| 2024 | 6.52x | $1.67 Billion | $256.00 Million | ▼ -4.6% |
| 2023 | 6.83x | $1.22 Billion | $179.00 Million | ▲ +88.4% |
| 2022 | 3.63x | $1.28 Billion | $354.00 Million | ▲ +177.7% |
| 2021 | 1.31x | $956.00 Million | $732.00 Million | ▼ -54.8% |
| 2019 | 2.89x | $801.00 Million | $277.00 Million | ▼ -67.1% |
| 2018 | 8.80x | $792.00 Million | $90.00 Million | ▲ +142.5% |
| 2017 | 3.63x | $820.00 Million | $226.00 Million | ▼ -65.3% |
| 2016 | 10.45x | $878.00 Million | $84.00 Million | ▲ +2091.6% |
| 2014 | 0.48x | $1.46 Billion | $3.06 Billion | ▼ -84.7% |
| 2013 | 3.13x | $1.21 Billion | $387.00 Million | ▲ +76.9% |
| 2012 | 1.77x | $1.58 Billion | $897.00 Million | ▲ +17.5% |
| 2011 | 1.50x | $1.61 Billion | $1.07 Billion | ▲ +216.5% |
| 2010 | 0.48x | $785.37 Million | $1.65 Billion | ▼ -11.3% |
| 2009 | 0.54x | $455.97 Million | $850.79 Million | ▼ -66.4% |
| 2008 | 1.59x | $1.12 Billion | $704.21 Million | ▼ -22.7% |
| 2007 | 2.06x | $1.11 Billion | $539.44 Million | ▼ -27.1% |
| 2006 | 2.83x | $477.46 Million | $168.95 Million | ▼ -93.0% |
| 2005 | 40.54x | $407.17 Million | $10.04 Million | ▲ +812.4% |
| 2004 | 4.44x | $303.24 Million | $68.24 Million | ▲ +331.0% |
| 2003 | 1.03x | $184.36 Million | $178.82 Million | ▲ +202.6% |
| 2000 | 0.34x | $121.07 Million | $355.39 Million | ▼ -73.0% |
| 1998 | 1.26x | $68.40 Million | $54.20 Million | ▲ +151.1% |
| 1994 | -2.47x | $-25.70 Million | $10.40 Million | ▼ -395.7% |
| 1993 | -0.50x | $-16.30 Million | $32.70 Million | — |