Millicom Cellular SA Return On Tangible Equity 2010-2024 | TIGO

Millicom Cellular SA return on tangible equity for the quarter ending December 31, 2024 was -7.69.

  • Millicom Cellular SA average return on tangible equity for 2023 was -0.75, a 95.29% increase from 2022.
  • Millicom Cellular SA average return on tangible equity for 2022 was -15.94, a 624.34% decline from 2021.
  • Millicom Cellular SA average return on tangible equity for 2021 was 3.04, a 78.68% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.