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
If EPS Growth Is Important To You, SBA Communications (NASDAQ:SBAC) Presents An Opportunity
Oct 19SBA 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 21SBA Communications: 5G Demand Continues, Here's What I'm Watching On The Balance Sheet
Jun 14Do SBA Communications's (NASDAQ:SBAC) Earnings Warrant Your Attention?
Apr 07SBA Communications: Potential For Significant Rebound
Mar 20Financial 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 (12.5%).
Interest Coverage: SBAC's interest payments on its debt are not well covered by EBIT (2.5x coverage).