SBA Communications Balance Sheet
SBAC / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
SBA Communications had $11.6B in total assets with negative shareholders' equity of $4.9B as of FY2025. Total debt was $12.9B against $265M in cash, resulting in $12.6B net debt.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.63 (distress zone, below 1.8 threshold)
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $264.6M | $189.8M | $208.5M | $367.3M | $308.6M | $108.3M | $108.3M | $68.8M | $146.1M | $118.0M | $118.0M | $233.1M | $122.1M | $233.1M | $161.3M |
| Accounts Receivable | $171.3M | $145.7M | $182.7M | $184.4M | $102.0M | $74.1M | $132.1M | $111.0M | $90.7M | $78.3M | $83.3M | $104.3M | $71.3M | $39.1M | $22.1M |
| Current Assets | $773.4M | $2.0B | $484.3M | $482.7M | $614.4M | $473.0M | $334.3M | $373.9M | $259.5M | $324.6M | $294.0M | $326.9M | $343.7M | $388.9M | $129.4M |
| PP&E (Net) | $3.4B | $2.8B | $2.7B | $2.7B | $2.6B | $2.7B | $2.8B | $2.8B | $2.8B | $2.8B | $2.8B | $2.8B | $2.6B | $2.7B | $1.6B |
| Total Assets | $11.6B | $11.4B | $10.2B | $10.6B | $9.8B | $9.2B | $9.8B | $7.2B | $7.3B | $7.4B | $7.3B | $7.8B | $6.8B | $6.6B | $3.6B |
| Current Liabilities | $2.7B | $1.8B | $1.4B | $696.8M | $616.3M | $614.8M | $1.0B | $1.2B | $278.9M | $873.4M | $273.4M | $331.1M | $747.7M | $863.7M | $126.9M |
| Total Debt | $12.9B | $13.6B | $12.3B | $12.9B | $12.3B | $11.1B | $10.3B | $9.9B | $9.3B | $8.8B | $8.5B | $7.9B | $5.9B | $5.4B | $3.4B |
| Shareholders' Equity | -$4.9B | -$5.1B | -$5.2B | -$5.3B | -$4.8B | -$3.4B | -$3.7B | -$2.0B | -$1.7B | -$660.8M | -$1.7B | $653.0M | $357.0M | $653.0M | $599.9M |