Millicom International Cellular (TIGO) Debt Ratio (2010 - 2026)

Millicom International Cellular (TIGO) reported Debt Ratio of 0.36 for Q1 2026, down 11.88% on a YoY basis from 0.41 in Q1 2025, and down 6.07% quarter-over-quarter from 0.39 in Q4 2025.

Millicom International Cellular (TIGO) Debt Ratio (2010 - 2026) Analysis & Trends

Millicom International Cellular has reported Debt Ratio for 13 years, with the latest figure at 0.36 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 11.88% year-over-year to 0.36; the trailing twelve-month figure through Mar 2026 stood at 0.36 (down 11.88% YoY), and the FY2025 full-year result was 0.39, up 1580.1% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.36, down from 0.39 in the prior quarter.
  • The five-year high for Debt Ratio was 0.48 in Q3 2022, with the low at 0.02 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.43 in 2024.
  • Annual changes were most pronounced in 2024 — Debt Ratio fell 20.87% — and 2025, when it surged 1580.1%.
  • Millicom International Cellular's Debt Ratio stood at 0.03 in 2022, then grew by 15.62% to 0.03 in 2023, then slipped by 20.87% to 0.02 in 2024, then surged by 1580.1% to 0.39 in 2025, then decreased by 6.07% to 0.36 in 2026.
  • The last three Debt Ratio figures came in at 0.36 (Q1 2026), 0.39 (Q4 2025), and 0.38 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 0.53
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 0.40
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 0.41
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 0.33
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 0.01
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 0.36
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 0.59

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.39
Sep 30, 2025 0.38
Jun 30, 2025 0.38
Mar 31, 2025 0.41
Dec 31, 2024 0.02
Sep 30, 2024 0.43
Jun 30, 2024 0.44
Mar 31, 2024 0.43
Dec 31, 2023 0.03
Sep 30, 2023 0.45
Jun 30, 2023 0.46
Mar 31, 2023 0.47
Dec 31, 2022 0.03
Sep 30, 2022 0.48
Jun 30, 2022 0.48
Mar 31, 2022 0.46
Dec 31, 2021 0.02
Sep 30, 2021 0.04
Dec 31, 2020 0.36