Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Millicom International Cellular SA (TIGO) had Return on Tangible Equity of -8.13% for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$5.80B
Net Income	$253.00M
Cost of Goods Sold	$1.42B
Gross Profit	$4.38B
Operating Expenses	$4.46B
Operating Income	$1.34B
Non-Operating Income/Expense	$-789.00M
Pre-Tax Income	$552.00M
Normalized Pre-Tax Income	$552.00M
Income after Taxes	$271.00M
Income from Continuous Operations	$271.00M
Consolidated Net Income/Loss	$268.00M
Normalized Income after Taxes	$271.00M
EBIT	$1.34B
EBITDA	$2.58B
Weighted-Average Shares Outstanding (Basic)	171.31M
Weighted-Average Shares Outstanding (Diluted)	172.56M
Earnings per Share (EPS) (Basic)	$1.47
Earnings per Share (EPS) (Diluted)	$1.46
Balance Sheet Financials
Current Assets	$1.75B
Property, Plant, and Equipment	$2.85B
Long-Term Assets	$11.98B
Total Assets	$13.74B
Current Liabilities	$3.11B
Long-Term Debt	$5.53B
Long-Term Liabilities	$7.05B
Total Liabilities	$10.16B
Common Equity	$3.58B
Tangible Shareholders Equity	$-3.33B
Shareholders Equity	$3.57B
Common Shares Outstanding	172.10M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.60B
Cash Flow from Investing Activities	$-604.00M
Cash Flow from Financial Activities	$-1.07B
Beginning Cash	$775.00M
End Cash	$699.00M
Increase/Decrease in Cash	$-76.00M
Stock-Based Compensation	$50.00M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.56
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.61
Debt to Equity Ratio	1.63
Gross Margin	75.53%
Operating Margin	23.12%
EBIT Margin	23.12%
EBITDA Margin	44.38%
Pre-Tax Profit Margin	9.51%
Profit Margin	4.36%
Free Cash Flow	$1.12B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.42
Inventory Turnover	32.27
Receiveable Turnover	11.63
Days Sales in Receivables	31.38
Return on Equity	7.58%
Return on Tangible Equity	-8.13%
Return on Assets	1.97%
Return on Investments	2.98%
Book Value Per Share	$20.77
Free Cash Flow per Share	$6.50
Operating Cash Flow per Share	$9.29

Data from Zacks Investment Research, Inc.