Millicom International Cellular SA (TIGO) — Cash Flow Quality Index
Millicom International Cellular SA (TIGO) has a Cash Flow Quality Index of 5.67x as of March 2026. Operating cash flow of $618.00 Million exceeds net income of $109.00 Million, indicating high earnings quality where cash backs reported profits. Explore Millicom International Cellular SA (TIGO) cash flow conversion to assess how effectively this company generates cash.
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 cash flow reinvestment rate of Millicom International Cellular SA to assess the company's total reinvestment commitment from operating cash flow.
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 market value of Millicom International Cellular SA.
| 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 | — |