Millicom International Cellular SA
Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for sports dedicated broadcast business; Ti… Read more
Millicom International Cellular SA (TIGO) - Total Assets
Latest total assets as of September 2025: $15.59 Billion USD
Based on the latest financial reports, Millicom International Cellular SA (TIGO) holds total assets worth $15.59 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Millicom International Cellular SA - Total Assets Trend (1993–2024)
This chart illustrates how Millicom International Cellular SA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Millicom International Cellular SA - Asset Composition Analysis
Current Asset Composition (December 2024)
Millicom International Cellular SA's total assets of $15.59 Billion consist of 17.3% current assets and 82.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $467.00 Million | 3.4% |
| Inventory | $44.00 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.81 Billion | 20.5% |
| Goodwill | $4.09 Billion | 29.8% |
Asset Composition Trend (1993–2024)
This chart illustrates how Millicom International Cellular SA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millicom International Cellular SA's current assets represent 17.3% of total assets in 2024, an increase from 16.3% in 1993.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, up from 3.2% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 49.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is goodwill at 29.8% of total assets.
Millicom International Cellular SA Competitors by Total Assets
Key competitors of Millicom International Cellular SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Millicom International Cellular SA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Millicom International Cellular SA generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Millicom International Cellular SA generates $ 1.84 in net profit.
Millicom International Cellular SA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.97 | 0.89 |
| Quick Ratio | 0.89 | 0.95 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-253.00 Million | $ -89.00 Million | $ -299.00 Million |
Millicom International Cellular SA - Advanced Valuation Insights
This section examines the relationship between Millicom International Cellular SA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.28 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $13.74 Billion |
| Market Capitalization | $7.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Millicom International Cellular SA's assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Millicom International Cellular SA's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Millicom International Cellular SA (1993–2024)
The table below shows the annual total assets of Millicom International Cellular SA from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.74 Billion | -5.37% |
| 2023-12-31 | $14.52 Billion | +2.24% |
| 2022-12-31 | $14.20 Billion | -6.23% |
| 2021-12-31 | $15.14 Billion | +21.89% |
| 2020-12-31 | $12.42 Billion | -3.67% |
| 2019-12-31 | $12.89 Billion | +25.04% |
| 2018-12-31 | $10.31 Billion | +8.96% |
| 2017-12-31 | $9.46 Billion | -1.68% |
| 2016-12-31 | $9.63 Billion | -7.39% |
| 2015-12-31 | $10.39 Billion | -22.53% |
| 2014-12-31 | $13.42 Billion | +52.95% |
| 2013-12-31 | $8.77 Billion | +10.30% |
| 2012-12-31 | $7.95 Billion | +9.23% |
| 2011-12-31 | $7.28 Billion | +4.10% |
| 2010-12-31 | $7.00 Billion | +16.76% |
| 2009-12-31 | $5.99 Billion | +14.75% |
| 2008-12-31 | $5.22 Billion | +18.28% |
| 2007-12-31 | $4.41 Billion | +32.91% |
| 2006-12-31 | $3.32 Billion | +29.74% |
| 2005-12-31 | $2.56 Billion | +25.09% |
| 2004-12-31 | $2.05 Billion | +34.36% |
| 2003-12-31 | $1.52 Billion | +26.58% |
| 2002-12-31 | $1.20 Billion | -35.69% |
| 2001-12-31 | $1.87 Billion | -11.86% |
| 2000-12-31 | $2.12 Billion | +29.47% |
| 1999-12-31 | $1.64 Billion | +1.25% |
| 1998-12-31 | $1.62 Billion | +27.34% |
| 1997-12-31 | $1.27 Billion | +19.59% |
| 1996-12-31 | $1.06 Billion | +123.64% |
| 1995-12-31 | $475.40 Million | +39.66% |
| 1994-12-31 | $340.40 Million | +39.68% |
| 1993-12-31 | $243.70 Million | -- |