Millicom International Cellular SA (TIGO) — Net Asset Quality Index

Latest as of June 2026: 12.1%

Millicom International Cellular SA (TIGO) has a Net Asset Quality Index of 12.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $20.68 Billion minus total liabilities of $18.18 Billion yields net assets of $2.49 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read TIGO liabilities breakdown for a breakdown of total debt and financial obligations.

Quality Index

12.1%
Equity / Total Assets

Net Assets

$2.49 Billion
USD

Total Assets

$20.68 Billion
USD

Total Liabilities

$18.18 Billion
USD

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 June 2026, the index stands at 12.1%, representing net assets of $2.49 Billion against total assets of $20.68 Billion USD. For live market cap and overall valuation, see TIGO stock market capitalisation.

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. Check TIGO strategic asset allocation to assess the company's strategic physical and investment asset allocation.

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
pp = percentage points