Millicom International Cellular SA (TIGO) — Net Asset Quality Index
Millicom International Cellular SA (TIGO) has a Net Asset Quality Index of 15.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $20.75 Billion minus total liabilities of $17.58 Billion yields net assets of $3.17 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Millicom International Cellular SA to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Millicom International Cellular SA Net Asset Quality Index Over Time (1993–2025)
This chart shows how Millicom International Cellular SA's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the index stands at 15.3%, representing net assets of $3.17 Billion against total assets of $20.75 Billion USD. Explore Millicom International Cellular SA cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Millicom International Cellular SA (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Millicom International Cellular SA from 1993 to 2025, covering 33 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Millicom International Cellular SA worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 21.0% | $3.62 Billion | $17.25 Billion | $13.63 Billion | ▼ -5.0 pp |
| 2024 | 26.0% | $3.57 Billion | $13.74 Billion | $10.16 Billion | ▲ +2.3 pp |
| 2023 | 23.7% | $3.44 Billion | $14.52 Billion | $11.07 Billion | ▼ -1.9 pp |
| 2022 | 25.6% | $3.63 Billion | $14.20 Billion | $10.56 Billion | ▲ +7.5 pp |
| 2021 | 18.1% | $2.74 Billion | $15.14 Billion | $12.40 Billion | ▼ -0.2 pp |
| 2020 | 18.3% | $2.27 Billion | $12.42 Billion | $10.15 Billion | ▼ -2.5 pp |
| 2019 | 20.8% | $2.68 Billion | $12.89 Billion | $10.21 Billion | ▼ -6.3 pp |
| 2018 | 27.1% | $2.79 Billion | $10.31 Billion | $7.52 Billion | ▼ -7.6 pp |
| 2017 | 34.7% | $3.28 Billion | $9.46 Billion | $6.18 Billion | ▼ -0.3 pp |
| 2016 | 35.0% | $3.37 Billion | $9.63 Billion | $6.26 Billion | ▼ -0.9 pp |
| 2015 | 35.9% | $3.73 Billion | $10.39 Billion | $6.67 Billion | ▲ +8.1 pp |
| 2014 | 27.8% | $3.73 Billion | $13.42 Billion | $9.69 Billion | ▲ +4.1 pp |
| 2013 | 23.7% | $2.08 Billion | $8.77 Billion | $6.69 Billion | ▼ -5.6 pp |
| 2012 | 29.4% | $2.34 Billion | $7.95 Billion | $5.62 Billion | ▼ -4.2 pp |
| 2011 | 33.6% | $2.45 Billion | $7.28 Billion | $4.84 Billion | ▼ -0.6 pp |
| 2010 | 34.2% | $2.39 Billion | $7.00 Billion | $4.61 Billion | ▼ -4.4 pp |
| 2009 | 38.6% | $2.31 Billion | $5.99 Billion | $3.68 Billion | ▲ +6.9 pp |
| 2008 | 31.6% | $1.65 Billion | $5.22 Billion | $3.57 Billion | ▲ +0.6 pp |
| 2007 | 31.0% | $1.37 Billion | $4.41 Billion | $3.05 Billion | ▲ +13.5 pp |
| 2006 | 17.5% | $582.39 Million | $3.32 Billion | $2.74 Billion | ▲ +4.5 pp |
| 2005 | 13.0% | $333.78 Million | $2.56 Billion | $2.23 Billion | ▼ -0.7 pp |
| 2004 | 13.7% | $280.44 Million | $2.05 Billion | $1.77 Billion | ▲ +17.6 pp |
| 2003 | -3.8% | $-58.61 Million | $1.52 Billion | $1.58 Billion | ▲ +18.7 pp |
| 2002 | -22.6% | $-271.53 Million | $1.20 Billion | $1.47 Billion | ▼ -26.8 pp |
| 2001 | 4.2% | $79.16 Million | $1.87 Billion | $1.79 Billion | ▼ -12.2 pp |
| 2000 | 16.4% | $348.86 Million | $2.12 Billion | $1.77 Billion | ▼ -1.8 pp |
| 1999 | 18.2% | $299.12 Million | $1.64 Billion | $1.34 Billion | ▲ +0.3 pp |
| 1998 | 17.9% | $289.86 Million | $1.62 Billion | $1.33 Billion | ▲ +9.0 pp |
| 1997 | 8.9% | $112.70 Million | $1.27 Billion | $1.16 Billion | ▼ -5.1 pp |
| 1996 | 14.0% | $148.80 Million | $1.06 Billion | $914.40 Million | ▼ -21.2 pp |
| 1995 | 35.2% | $167.50 Million | $475.40 Million | $307.90 Million | ▼ -1.8 pp |
| 1994 | 37.0% | $126.00 Million | $340.40 Million | $214.40 Million | ▼ -0.9 pp |
| 1993 | 37.9% | $92.30 Million | $243.70 Million | $151.40 Million | — |