Millicom International Cellular SA (TIGO) - Total Assets
Based on the latest financial reports, Millicom International Cellular SA (TIGO) holds total assets worth $17.25 Billion USD as of December 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. See net assets of Millicom International Cellular SA for net asset value and shareholders' equity analysis.
Millicom International Cellular SA - Total Assets Trend (1993–2025)
This chart illustrates how Millicom International Cellular SA's total assets have evolved over time, based on quarterly financial data.
Millicom International Cellular SA - Asset Composition Analysis
Current Asset Composition (December 2025)
Millicom International Cellular SA's total assets of $17.25 Billion consist of 17.3% current assets and 82.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.3% |
| Accounts Receivable | $969.00 Million | 5.6% |
| Inventory | $106.00 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.84 Billion | 45.4% |
| Goodwill | $4.26 Billion | 24.7% |
Asset Composition Trend (1993–2025)
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. For live market cap, price, and company overview, see TIGO market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millicom International Cellular SA's current assets represent 17.3% of total assets in 2025, an increase from 16.3% in 1993.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2025, up from 3.2% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is intangible assets at 45.4% 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 |
|---|---|---|
|
Ovzon AB
ST:OVZON
|
Sweden | Skr2.82 Billion |
|
1&1 AG
XETRA:1U1
|
Germany | €8.55 Billion |
|
Indosat Tbk
JK:ISAT
|
Indonesia | Rp113.73 Trillion |
|
NOVA Technology Corporation Limited
SHE:300921
|
China | CN¥949.46 Million |
|
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3
|
Brazil | R$3.73 Billion |
|
Unifique Telecomunicações S.A.
SA:FIQE3
|
Brazil | R$2.61 Billion |
|
Telecomunicações Brasileiras S.A. - TELEBRÁS
SA:TELB3
|
Brazil | R$4.23 Billion |
|
Telecom Argentina
BA:TECO2
|
Argentina | AR$16.62 Trillion |
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 | 0.88 | 0.76 | 0.82 |
| Quick Ratio | 0.85 | 0.75 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-410.00 Million | $-733.00 Million | $-435.00 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 | 3.67 |
| Latest Market Cap to Assets Ratio | 0.80 |
| Asset Growth Rate (YoY) | 25.6% |
| Total Assets | $17.25 Billion |
| Market Capitalization | $13.87 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Millicom International Cellular SA's assets below their book value (0.80x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Millicom International Cellular SA's assets grew by 25.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Millicom International Cellular SA (1993–2025)
The table below shows the annual total assets of Millicom International Cellular SA from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $17.25 Billion | +25.60% |
| 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 | -- |
About Millicom International Cellular SA
Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company 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. In addition, the company provides fixed services, includ… Read more