Millicom International Cellular SA (TIGO) — Cash Flow-to-Debt Ratio
Millicom International Cellular SA (TIGO) has a Cash Flow-to-Debt Ratio of 0.03x as of December 2025, meaning its operating cash flow of $477.00 Million could theoretically repay 0% of its total liabilities ($13.63 Billion) in one year. See Millicom International Cellular SA free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Millicom International Cellular SA Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for Millicom International Cellular SA across 33 annual periods. Also explore TIGO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Millicom International Cellular SA (1993–2025)
Year-by-year debt coverage analysis for Millicom International Cellular SA. For market capitalisation and broader financial context, see TIGO company net worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | $1.83 Billion | $13.63 Billion | ▼ -18.1% |
| 2024 | 0.16x | $1.67 Billion | $10.16 Billion | ▲ +48.7% |
| 2023 | 0.11x | $1.22 Billion | $11.07 Billion | ▼ -9.1% |
| 2022 | 0.12x | $1.28 Billion | $10.56 Billion | ▲ +57.7% |
| 2021 | 0.08x | $956.00 Million | $12.40 Billion | ▼ -4.7% |
| 2020 | 0.08x | $821.00 Million | $10.15 Billion | ▲ +3.2% |
| 2019 | 0.08x | $801.00 Million | $10.21 Billion | ▼ -25.5% |
| 2018 | 0.11x | $792.00 Million | $7.52 Billion | ▼ -20.6% |
| 2017 | 0.13x | $820.00 Million | $6.18 Billion | ▼ -5.5% |
| 2016 | 0.14x | $878.00 Million | $6.26 Billion | ▼ -43.4% |
| 2015 | 0.25x | $1.65 Billion | $6.67 Billion | ▲ +64.5% |
| 2014 | 0.15x | $1.46 Billion | $9.69 Billion | ▼ -16.8% |
| 2013 | 0.18x | $1.21 Billion | $6.69 Billion | ▼ -35.9% |
| 2012 | 0.28x | $1.58 Billion | $5.62 Billion | ▼ -15.3% |
| 2011 | 0.33x | $1.61 Billion | $4.84 Billion | ▲ +95.4% |
| 2010 | 0.17x | $785.37 Million | $4.61 Billion | ▲ +37.7% |
| 2009 | 0.12x | $455.97 Million | $3.68 Billion | ▼ -60.6% |
| 2008 | 0.31x | $1.12 Billion | $3.57 Billion | ▼ -13.8% |
| 2007 | 0.36x | $1.11 Billion | $3.05 Billion | ▲ +109.3% |
| 2006 | 0.17x | $477.46 Million | $2.74 Billion | ▼ -4.7% |
| 2005 | 0.18x | $407.17 Million | $2.23 Billion | ▲ +6.5% |
| 2004 | 0.17x | $303.24 Million | $1.77 Billion | ▲ +47.3% |
| 2003 | 0.12x | $184.36 Million | $1.58 Billion | ▲ +130.2% |
| 2002 | 0.05x | $74.67 Million | $1.47 Billion | ▼ -12.7% |
| 2001 | 0.06x | $103.97 Million | $1.79 Billion | ▼ -15.0% |
| 2000 | 0.07x | $121.07 Million | $1.77 Billion | ▲ +479.9% |
| 1999 | -0.02x | $-24.08 Million | $1.34 Billion | ▼ -134.9% |
| 1998 | 0.05x | $68.40 Million | $1.33 Billion | ▲ +1756.3% |
| 1997 | 0.00x | $-3.60 Million | $1.16 Billion | ▼ -67.1% |
| 1996 | 0.00x | $-1.70 Million | $914.40 Million | ▲ +97.9% |
| 1995 | -0.09x | $-26.70 Million | $307.90 Million | ▲ +27.7% |
| 1994 | -0.12x | $-25.70 Million | $214.40 Million | ▼ -11.3% |
| 1993 | -0.11x | $-16.30 Million | $151.40 Million | — |