SBA Communications (SBAC) Debt Metrics
Market Cap: $23.61B
Avg Volume: 838.77K
Industry: REIT - Specialty
Sector: Real Estate
How much debt does SBA Communications have?
According to SBA Communications's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
SBA Communications's total debt stands at $3.35B. This is broken down into:
- Long-term debt: $1.90B
- Short-term debt: $1.45B
The company's net debt, which accounts for cash and cash equivalents, is $3.16B. In terms of overall financial obligations, SBA Communications's total liabilities amount to $16.47B.
Debt Ratios and Metrics
To better understand SBA Communications's debt position, we can look at several key ratios:
- Debt to Equity Ratio: -0.66 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 29.36% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.36 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: -59.36% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: -190.74% - this indicates the total debt in the company's capital structure.
These metrics provide insight into SBA Communications's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$3.35B
Long-term Debt
$1.90B
Short-term Debt
$1.45B
Net Debt
$3.16B
Total Liabilities
$16.47B
Interest Coverage
3.36
Debt to Equity Ratio
-0.66
Debt Ratio
29.36%
SBA Communications Historical Debt Metrics
SBA Communications Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $3.35B | $1.90B | $1.45B | $3.16B | $16.47B | -0.66 | 29.36% | 3.36 | -59.36% | -190.74% |
| 2023 | $14.46B | $13.55B | $1.19B | $14.25B | $15.31B | -2.80 | 142.10% | 2.12 | 179.43% | 155.65% |
| 2022 | $15.17B | $14.88B | $548.73M | $15.03B | $15.83B | -2.88 | 143.33% | 2.31 | 169.72% | 153.32% |
| 2021 | $14.52B | $14.26B | $500.99M | $14.16B | $15.07B | -2.75 | 148.16% | 1.96 | 175.53% | 157.19% |
| 2020 | $13.43B | $13.17B | $260.04M | $13.12B | $13.97B | -2.78 | 146.61% | 1.15 | 177.22% | 156.09% |
| 2019 | $12.86B | $12.09B | $1.02B | $12.75B | $13.41B | -3.51 | 131.77% | 1.48 | 159.67% | 139.89% |
| 2018 | $9.94B | $9.00B | $941.73M | $9.80B | $10.59B | -2.94 | 137.77% | 1.44 | 160.09% | 151.46% |
| 2017 | $9.31B | $9.29B | $20.00M | $9.24B | $9.92B | -3.58 | 127.19% | 1.40 | 138.84% | 138.73% |
| 2016 | $8.78B | $8.15B | $627.16M | $8.63B | $9.36B | -4.40 | 119.22% | 1.17 | 132.44% | 129.44% |
| 2015 | $8.54B | $8.52B | $20.00M | $8.42B | $9.11B | -5.01 | 115.39% | 0.96 | 125.03% | 124.96% |
Related Metrics
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