Millicom International Cellular (TIGO) Debt Ratio (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Debt Ratio came in at 0.36 in Q1 2026, down 11.75% YoY from 0.4 in Q1 2025, and down 53.11% on a QoQ basis from 0.76 in Q4 2025.
Millicom International Cellular (TIGO) Debt Ratio (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has 13 years of Debt Ratio data on file, last reported at 0.36 in Q1 2026.
- Quarterly Debt Ratio fell 11.75% year-over-year to 0.36 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.36 (down 11.75% YoY) and the FY2025 annual result came in at 0.76, up 79.53% from the prior year.
- Debt Ratio declined to 0.36 in Q1 2026, from 0.76 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.76 in Q4 2025 to a low of 0.03 in Q4 2022.
- A 5-year average of 0.4 and a median of 0.42 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio soared 1356.1% — and 2025, when it decreased 14.87%.
- Tracing TIGO's Debt Ratio over 5 years: stood at 0.03 in 2022, then grew by 15.62% to 0.03 in 2023, then soared by 1356.1% to 0.42 in 2024, then soared by 79.53% to 0.76 in 2025, then plunged by 53.11% to 0.36 in 2026.
- The last three Debt Ratio figures came in at 0.36 (Q1 2026), 0.76 (Q4 2025), and 0.37 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.71 Bn | 204.96 Bn | 27.03 Bn | 0.40 |
| 2 | T-Mobile US | 199.95 Bn | 197.12 Bn | 17.74 Bn | 0.42 |
| 3 | Grupo Televisa, S.A.B | 191.99 Bn | 190.28 Bn | 318.12 Mn | 0.34 |
| 4 | At&T | 176.95 Bn | 159.38 Bn | 25.25 Bn | 0.34 |
| 5 | Chunghwa Telecom | 33.78 Bn | 31.21 Bn | 728.80 Mn | 0.01 |
| 6 | EchoStar | 25.33 Bn | 23.84 Bn | 1.65 Bn | 0.44 |
| 7 | Bce | 22.20 Bn | 22.20 Bn | - | 0.52 |
| 8 | Rogers Communications | 19.74 Bn | 18.49 Bn | 1.77 Bn | 0.44 |
| 9 | Telefonica Brasil | 18.55 Bn | 18.55 Bn | 1.32 Bn | - |
| 10 | Millicom International Cellular | 15.39 Bn | 14.40 Bn | - | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.76 |
| 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 | 0.03 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.04 |
| Dec 31, 2020 | 0.22 |