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
SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)
Oct 22SBA Communications: Headwinds Persist, Macro Improves
Aug 06SBA Communications: Too Expensive For What It Delivers
Jul 08SBA Communications: A Solid Prospect In The Telecommunications Space
Apr 28SBA Communications Q4: A Dividend Growth Machine For Your Income Portfolio
Apr 15If EPS Growth Is Important To You, SBA Communications (NASDAQ:SBAC) Presents An Opportunity
Oct 19
SBA Communications: Recent Results Impressive
Aug 23SBA Communications drops as Hedgeye adds new best idea short call
Aug 16SBA Communications FFO of $3.07 beats by $0.49, revenue of $652.01M beats by $25.69M
Aug 01Does SBA Communications (NASDAQ:SBAC) Deserve A Spot On Your Watchlist?
Jul 21Financial Position Analysis
Short Term Liabilities: SBAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SBAC 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: SBAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SBAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SBAC's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: SBAC's interest payments on its debt are well covered by EBIT (3.4x coverage).