SBA Communications Balance Sheet Health
Financial Health criteria checks 0/6
SBA Communications has a total shareholder equity of $-5.2B and total debt of $12.4B, which brings its debt-to-equity ratio to -238.2%. Its total assets and total liabilities are $10.0B and $15.2B respectively. SBA Communications's EBIT is $1.2B making its interest coverage ratio 2.8. It has cash and short-term investments of $240.3M.
Key information
-238.2%
Debt to equity ratio
US$12.36b
Debt
Interest coverage ratio | 2.8x |
Cash | US$240.31m |
Equity | -US$5.19b |
Total liabilities | US$15.18b |
Total assets | US$10.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4SB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 4SB 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: 4SB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 4SB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 4SB's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 4SB's interest payments on its debt are not well covered by EBIT (2.8x coverage).