TIGOMillicom International Cellular S.A.

$96.12

Is it safe?

Can TIGO take a bad year?

Millicom International Cellular S.A. carries $5.33B of net debt at 2.05× EBITDA: a load its earnings can carry.

$5.33B

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.05×

Net debt / EBITDA · 2.27× a year ago · the load is coming down

Interest cover
2.33×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
35%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$6.89B
Cash and short-term investments
$1.55B
Net debt
$5.33B
EBITDA, trailing twelve months
$2.60B
Operating profit, trailing twelve months
$1.64B
Debt / equity
1.89×
Total debt / EBITDA
2.65×
Annualised volatilitytwo years of daily moves
35%
Worst drawdown on file
−84%
Below its 52-week high
−7.8%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.