SBA Communications Balance Sheet Health
Financial Health criteria checks 1/6
SBA Communications has a total shareholder equity of $-5.1B and total debt of $12.3B, which brings its debt-to-equity ratio to -240.3%. Its total assets and total liabilities are $10.2B and $15.3B respectively. SBA Communications's EBIT is $1.4B making its interest coverage ratio 3.4. It has cash and short-term investments of $186.3M.
Key information
-240.3%
Debt to equity ratio
US$12.32b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$186.34m |
| Equity | -US$5.13b |
| Total liabilities | US$15.33b |
| Total assets | US$10.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S1BA34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: S1BA34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: S1BA34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: S1BA34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: S1BA34's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: S1BA34's interest payments on its debt are well covered by EBIT (3.4x coverage).