Liberty Latin America Ltd Stock Research

Market Summary

USD7.86-0.16

Delayed

-2.00%

LILA Alerts

Big jump in Earnings (Y/Y)

LILA Stock Price

LILA RSI Chart

LILA Valuation

LILA Profitability

EBT Margin

-2.40%

Return on Equity

-9.16%

Return on Assets

-1.29%

LILA Fundamentals

LILA Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

-9.36%

Revenue Q/Q

-5.02%

LILA Earnings

Earnings (TTM)

-175.6M

Earnings Y/Y

122.02%

Earnings Q/Q

60.17%

Price Action

52 Week Range

5.9011.34

(Low)(High)

Last 7 days

-9.2%

Last 30 days

-14.9%

Last 90 days

16.2%

Trailing 12 Months

-17.2%

LILA Financial Health

Current Ratio

1.18

Debt/Equity

3.99

Debt/Cashflow

0.11

LILA Investor Care

Diluted EPS (TTM)

-0.79

Financials for Liberty Latin America

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-2.5%	4,815,100,000	4,938,900,000	4,913,200,000	4,868,800,000	4,814,800,000
EBITDA	119.7%	1,352,000,000	615,300,000	618,200,000	1,149,500,000	1,191,500,000
EBITDA Margin	125.4%	0.28	0.12	0.13	0.24	0.25
Earnings Before Taxes	85.9%	-115,400,000	-820,800,000	-831,000,000	-313,000,000	-314,500,000
EBT Margin	85.6%	-0.02	-0.17	-0.16	-0.06	-0.06
Interest Expenses	2.0%	556,700,000	546,000,000	533,900,000	530,700,000	527,400,000
Net Income	80.9%	-175,600,000	-917,100,000	-925,100,000	-439,400,000	-437,800,000
Net Income Margin	80.4%	-0.04	-0.19	-0.19	-0.09	-0.09
Free Cahsflow	136.0%	20,800,000	-57,800,000	63,700,000	56,100,000	160,300,000

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-9.9%	13,575	15,063	14,970	15,231	15,366
Current Assets	-1.4%	2,079	2,109	2,353	2,024	2,052
Cash Equivalents	1.5%	781	769	1,031	857	957
Net PPE	0.4%	4,294	4,275	4,124	4,136	4,168
Goodwill	0.1%	3,421	3,417	17.00	3,928	3,948
Liabilities	-12.2%	11,009	12,537	12,501	12,276	12,468
Current Liabilities	10.8%	1,762	1,591	1,520	1,360	1,515
Long Term Debt	0.1%	7,654	7,644	7,629	7,476	7,460
Shareholder's Equity	2.2%	1,917	1,876	2,448	2,955	2,220
Retained Earnings	4.5%	-2,869	-3,004	-3,067	-2,594	-2,693
Additional Paid-In Capital	0.3%	5,177	5,164	5,146	5,113	5,075
Accumulated Depreciation	7.5%	3,093	2,877	2,721	2,576	-
Minority Interest	-0.2%	649	650	651	687	677

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	9.9%	869	790	920	935	1,016
Share Based Compensation	-16.4%	94.00	112	124	125	118
Cashflow From Investing	-19.7%	-1,122	-937	-1,270	-1,331	-1,268
Cashflow From Financing	64.4%	-29.20	-82.10	154	15.00	427
Buy Backs	-7.7%	170	185	171	118	63.00

Risks for LILA

What is the probability of a big loss on LILA?

90.4%

Probability that Liberty Latin America stock will be more than 20% underwater in next one year

63.9%

Probability that Liberty Latin America stock will be more than 30% underwater in next one year.

37.3%

Probability that Liberty Latin America stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LILA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Liberty Latin America was unfortunately bought at previous high price.

Drawdowns

Returns for LILA

Cumulative Returns on LILA

-18.2%

7-Year Cumulative Returns

-16.9%

5-Year Cumulative Returns

-6.7%

3-Year Cumulative Returns

What are the long-term rolling returns for LILA?

FIve years rolling returns for Liberty Latin America.

Annualized Returns

Which funds bought or sold LILA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-06	Rockefeller Capital Management L.P.	unchanged	-	6,000	30,000	-%
2023-03-06	Rockefeller Capital Management L.P.	added	27.86	14,000	36,000	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	10,918	10,918	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	6,459	6,459	-%
2023-02-28	Voya Investment Management LLC	unchanged	-	99,929	523,929	-%
2023-02-21	MACQUARIE GROUP LTD	sold off	-100	-42,000	-	-%
2023-02-17	TRUIST FINANCIAL CORP	sold off	-100	-124,000	-	-%
2023-02-16	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	unchanged	-	10,240	56,240	-%
2023-02-15	JANE STREET GROUP, LLC	added	146	395,202	588,202	-%
2023-02-15	Steward Partners Investment Advisory, LLC	unchanged	-	152	152	-%

Latest Funds Activity

Are funds buying LILA calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own LILA

No. of Funds

LILA Alerts

Big jump in Earnings (Y/Y)

Liberty Latin America News

Schedule 13G FIlings of Liberty Latin America

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 27, 2023	nair balan	2.4%	1,034,912	SC 13D
Feb 13, 2023	ashe capital management, lp	6.2%	10,630,101	SC 13G/A
Feb 13, 2023	ashe capital management, lp	9.7%	4,251,833	SC 13G/A
Feb 07, 2023	genesis investment management, llp	4.9%	2,144,578	SC 13G/A
Feb 01, 2023	blackrock inc.	5.9%	10,073,311	SC 13G/A
Jan 31, 2023	blackrock inc.	7.1%	3,115,860	SC 13G/A
Feb 03, 2022	blackrock inc.	6.5%	3,034,597	SC 13G/A
Feb 03, 2022	blackrock inc.	5.6%	10,275,435	SC 13G/A
Jan 20, 2022	genesis investment management, llp	6.56%	3,080,066	SC 13G/A
Oct 29, 2021	genesis investment management, llp	85%	3,990,153	SC 13G/A

LILA Fair Value

Recent SEC filings of Liberty Latin America

View All Filings

Date Filed	Form Type	Document
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Feb 27, 2023	SC 13D	13D - Major Acquisition
Feb 22, 2023	8-K	Current Report
Feb 22, 2023	10-K	Annual Report
Feb 17, 2023	4	Insider Trading
Feb 13, 2023	SC 13G/A	Major Ownership Report

Latest Insider Trading transactions for LILA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-01	ZOOK BRIAN D	acquired	-	-	995	md, chief accounting officer
2023-03-01	Lorenzo Rocio	acquired	-	-	2,429	cco
2023-03-01	ZOOK BRIAN D	sold (taxes)	-2,966	8.75	-339	md, chief accounting officer
2023-03-01	ZOOK BRIAN D	sold (taxes)	-5,932	8.75	-678	md, chief accounting officer
2023-03-01	WINTER JOHN M	sold (taxes)	-12,127	8.75	-1,386	svp, clo and secretary
2023-03-01	ZOOK BRIAN D	acquired	-	-	1,990	md, chief accounting officer
2023-03-01	NOYES CHRISTOPHER J	sold (taxes)	-31,053	8.75	-3,549	svp, chief financial officer
2023-03-01	NOYES CHRISTOPHER J	acquired	-	-	6,315	svp, chief financial officer
2023-03-01	WINTER JOHN M	acquired	-	-	2,429	svp, clo and secretary
2023-03-01	NOYES CHRISTOPHER J	sold (taxes)	-14,052	8.75	-1,606	svp, chief financial officer

About Liberty Latin America

Balan Nair

www.lla.com

11900

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. It offers communications and entertainment services, including video, broadband internet, fixed-line telephony, and mobile services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies. The company also operates a sub-sea and terrestrial fiber optic cable network that connects approximately 40 markets. It provides its services in approximately 20 countries in Latin America, the Caribbean, Chile, and Costa Rica under the brands of C&W, VTR, Liberty Puerto Rico, Cabletica, BTC, UTS, Flow, and MÃƒÂ³vil. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

LILA Income Statement

2022-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue	$ 4,815.1	$ 4,814.8	$ 3,782.4
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	1,210.5	1,214.4	860.4
Other operating costs and expenses	1,980.6	1,903.4	1,541.3
Depreciation and amortization	910.7	964.7	918.7
Impairment, restructuring and other operating items, net	619.2	665.0	375.3
Operating costs and expenses (exclusive of depreciation and amortization)	4,721.0	4,747.5	3,695.7
Operating income	94.1	67.3	86.7
Non-operating expense:
Interest expense	(556.7)	(527.4)	(533.4)
Realized and unrealized gains (losses) on derivative instruments, net	359.4	564.1	(352.7)
Foreign currency transaction gains (losses), net	(194.3)	(319.6)	1.2
Gains (losses) on debt modification and extinguishment, net	41.1	(57.2)	(45.1)
Gain on disposal of the Chile JV Entities	169.4	0.0	0.0
Other income (expense), net	(28.4)	(41.7)	5.1
Non-operating income (expense)	(209.5)	(381.8)	(924.9)
Loss before income taxes	(115.4)	(314.5)	(838.2)
Income tax benefit (expense)	(86.5)	(173.3)	29.2
Net loss	(201.9)	(487.8)	(809.0)
Net loss attributable to noncontrolling interests	26.3	50.0	121.7
Net loss attributable to Liberty Latin America shareholders	$ (175.6)	$ (437.8)	$ (687.3)
Basic net loss per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (0.79)	$ (1.88)	$ (3.51)
Diluted net loss per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (0.79)	$ (1.88)	$ (3.51)
Cost, Product and Service [Extensible List]	Service [Member]	Service [Member]	Service [Member]

LILA Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 781.0	$ 956.7
Trade receivables, net	603.3	526.6
Prepaid expenses	65.1	67.7
Current notes receivable, net	92.0	100.2
Current contract assets	107.3	78.2
Other current assets, net	430.2	322.5
Total current assets	2,078.9	2,051.9
Goodwill	3,421.3	3,948.0
Property, Plant and Equipment, Net	4,293.6	4,168.4
Intangible assets not subject to amortization	1,592.8	1,592.4
Intangible assets subject to amortization, net	688.1	788.6
Assets held for sale	0.0	1,568.7
Other assets, net	1,500.5	1,247.7
Total assets	13,575.2	15,365.7
Current liabilities:
Accounts payable	525.1	398.0
Current portion of deferred revenue	151.7	148.0
Current portion of debt and finance lease obligations	226.9	106.3
Accrued interest	118.2	113.0
Accrued payroll and employee benefits	82.1	100.5
Current operating lease liabilities	76.7	82.0
Other Accrued Liabilities, Current	581.2	566.7
Total current liabilities	1,761.9	1,514.5
Long-term debt and finance lease obligations	7,653.8	7,459.6
Deferred tax liabilities	691.2	692.0
Deferred revenue	109.3	152.6
Liabilities associated with assets held for sale	0.0	1,854.1
Other long-term liabilities	792.9	795.5
Total liabilities	11,009.1	12,468.3
Commitments and contingencies
Liberty Latin America shareholders:
Undesignated preference shares, $0.01 par value; 50.0 million shares authorized; nil shares issued and outstanding at each period	0.0	0.0
Treasury shares, at cost; 25.3 million and 6.0 million shares, respectively	(243.4)	(74.0)
Additional paid-in capital	5,177.1	5,075.3
Accumulated deficit	(2,869.5)	(2,693.9)
Accumulated other comprehensive loss, net of taxes	(149.2)	(89.7)
Total Liberty Latin America shareholders	1,917.4	2,220.0
Noncontrolling interests	648.7	677.4
Total equity	2,566.1	2,897.4
Total liabilities and equity	13,575.2	15,365.7
Class A
Liberty Latin America shareholders:
Common stock	0.5	0.5
Class B
Liberty Latin America shareholders:
Common stock	0.0	0.0
Class C
Liberty Latin America shareholders:
Common stock	$ 1.9	$ 1.8