SBA Communications Balance Sheet Health
Financial Health criteria checks 0/6
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%. Its total assets and total liabilities are $10.2B and $15.3B respectively. SBA Communications's EBIT is $1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of $208.5M.
Key information
-240.0%
Debt to equity ratio
US$12.32b
Debt
Interest coverage ratio | 2.5x |
Cash | US$208.55m |
Equity | -US$5.14b |
Total liabilities | US$15.31b |
Total assets | US$10.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KYZ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0KYZ 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: 0KYZ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0KYZ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0KYZ's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 0KYZ's interest payments on its debt are not well covered by EBIT (2.5x coverage).