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| Date | Value |
|---|---|
| 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 |