SBA Communications Corporation (SBAC)

SBA Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	6,486	6,426	6,603	5,808	5,051	5,367
Cash & Equivalents	186.34	208.55	143.71	367.28	308.56	108.31
Accounts Receivable	135.76	199	263.92	150.79	108.88	158.44
Investment In Debt and Equity Securities	-	130.26	224.89	108.99	69.7	60.84
Other Intangible Assets	2,492	2,456	2,776	2,803	3,156	3,627
Restricted Cash	61.02	38.13	41.96	65.56	31.67	30.24
Other Current Assets	67.15	37.55	31.82	30.04	23.88	37.28
Deferred Long-Term Tax Assets	-	67.47	16.17	51.92	53.72	4.34
Deferred Long-Term Charges	-	8.71	7.75	6.35	4.79	4.87
Other Long-Term Assets	772.94	607.08	474.9	409.17	349.78	362.03
Total Assets	10,202	10,178	10,585	9,802	9,158	9,760
Current Portion of Long-Term Debt	23	643.15	24	24	24	522.09
Current Portion of Leases	270.92	273.46	262.37	238.5	236.04	247.02
Long-Term Debt	12,296	11,681	12,844	12,279	11,072	9,903
Long-Term Leases	1,931	1,866	2,041	1,981	2,094	2,279
Accounts Payable	54.44	42.2	51.43	34.07	109.97	31.85
Accrued Expenses	121.4	127.54	122.5	109.87	111.31	102.22
Current Unearned Revenue	183.98	241.27	179.74	190.03	114.91	114.93
Other Current Liabilities	14.11	35.64	56.73	19.86	18.58	28.55
Long-Term Deferred Tax Liabilities	-	119.21	60.94	70.73	82.29	88.82
Other Long-Term Liabilities	432.16	284.95	187.13	120.75	103.96	91.77
Total Liabilities	15,327	15,314	15,830	15,068	13,967	13,411
Common Stock	1.08	1.08	1.08	1.09	1.1	1.12
Additional Paid-In Capital	2,942	2,894	2,795	2,681	2,586	2,461
Retained Earnings	-7,394	-7,451	-7,482	-7,204	-6,604	-5,561
Comprehensive Income & Other	-723.65	-615.2	-590.51	-762.31	-807.58	-568.77
Total Common Equity	-5,175	-5,171	-5,276	-5,283	-4,824	-3,667
Minority Interest	49.09	35.05	31.74	17.25	15.19	16.05
Shareholders' Equity	-5,126	-5,136	-5,245	-5,266	-4,809	-3,651
Total Liabilities & Equity	10,202	10,178	10,585	9,802	9,158	9,760
Total Debt	14,521	14,463	15,171	14,523	13,426	12,951
Net Cash / Debt	-14,335	-14,255	-15,027	-14,155	-13,118	-12,843
Net Cash Per Share	-132.49	-130.89	-137.38	-127.32	-115.61	-111.98
Filing Date Shares Outstanding	107.51	108.11	108.04	107.92	109.32	111.93
Total Common Shares Outstanding	107.51	108.05	108	108.96	109.82	111.78
Book Value Per Share	-48.14	-47.86	-48.86	-48.49	-43.93	-32.81
Tangible Book Value	-7,667	-7,626	-8,053	-8,087	-7,981	-7,294
Tangible Book Value Per Share	-71.32	-70.58	-74.56	-74.22	-72.67	-65.25
Land	-	927.24	889.29	848.05	818.27	736.38
Construction In Progress	-	105.63	77.56	47.57	38.07	33.64

Source: S&P Capital IQ. Real Estate template. Financial Sources.