Millicom International Cellular (TIGO) Debt Ratio (2009 - 2026)
Millicom International Cellular's Debt Ratio was 0.38 in Q3 2026, up 0.6% from 0.37 a year earlier and up 1.6% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Millicom International Cellular came in at 0.40, down 5.7% from FY2024.
- Debt Ratio has now declined for four consecutive years.
- In earlier years, Debt Ratio was 0.42 in FY2024 (-8.2%), 0.46 in FY2023 (-3.7%), 0.48 in FY2022 (-6.3%) and 0.51 in FY2021 (+11.6%).
- Quarterly Debt Ratio has moved between 0.36 (Q1 2026) and 0.51 (Q4 2021) over five years.
- Compared with a year earlier, Debt Ratio was higher in 1 of the last eight quarters, with an average decline of 7.1%.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2021 (growth of 11.6%); the worst was Q3 2022 (a decline of 85.9%).
- Per Business Quant data, TIGO's Debt Ratio in the three quarters before Q3 2026 was 0.37 (Q2 2026), 0.36 (Q1 2026) and 0.40 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 0.40 |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 0.39 |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 0.36 |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 0.35 |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 0.34 |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 0.01 |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | 0.45 |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 0.27 |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 0.51 |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.38 |
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.51 |
API Access
Millicom International Cellular Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();