SBA Communications Corporation (SBAC)

SBA Communications Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	6,488	6,393	6,426	6,603	5,808	5,051
Cash & Equivalents	636.45	189.84	208.55	143.71	367.28	308.56
Accounts Receivable	156.69	164.89	199	263.92	150.79	108.88
Investment In Debt and Equity Securities	100.7	325.9	130.26	224.89	108.99	69.7
Other Intangible Assets	2,403	2,389	2,456	2,776	2,803	3,156
Restricted Cash	23.17	1,207	38.13	41.96	65.56	31.67
Other Current Assets	51.28	47.52	36.52	31.82	30.04	23.88
Deferred Long-Term Tax Assets	52.18	53.97	67.47	16.17	51.92	53.72
Deferred Long-Term Charges	9	8.84	8.71	7.75	6.35	4.79
Other Long-Term Assets	522.19	638.2	608.1	474.9	409.17	349.78
Total Assets	10,443	11,417	10,178	10,585	9,802	9,158
Current Portion of Long-Term Debt	771.8	1,188	643.15	24	24	24
Current Portion of Leases	267.54	261.02	273.46	262.37	238.5	236.04
Long-Term Debt	11,654	12,404	11,681	12,844	12,279	11,072
Long-Term Leases	1,947	1,903	1,866	2,041	1,981	2,094
Accounts Payable	65.04	59.55	42.2	51.43	34.07	109.97
Accrued Expenses	82.92	118.74	127.54	122.5	109.87	111.31
Current Unearned Revenue	113.84	132.6	241.27	179.74	190.03	114.91
Other Current Liabilities	41.88	38.12	35.64	56.73	19.86	18.58
Long-Term Deferred Tax Liabilities	-	85.17	119.21	60.94	70.73	82.29
Other Long-Term Liabilities	406.21	282.77	284.95	187.13	120.75	103.96
Total Liabilities	15,351	16,473	15,314	15,830	15,068	13,967
Common Stock	1.08	1.08	1.08	1.08	1.09	1.1
Additional Paid-In Capital	2,991	2,975	2,894	2,795	2,681	2,586
Retained Earnings	-7,226	-7,326	-7,451	-7,482	-7,204	-6,604
Comprehensive Income & Other	-736.62	-760.28	-615.2	-590.51	-762.31	-807.58
Total Common Equity	-4,971	-5,110	-5,171	-5,276	-5,283	-4,824
Minority Interest	62.6	54.13	35.05	31.74	17.25	15.19
Shareholders' Equity	-4,908	-5,056	-5,136	-5,245	-5,266	-4,809
Total Liabilities & Equity	10,443	11,417	10,178	10,585	9,802	9,158
Total Debt	14,641	15,756	14,463	15,171	14,523	13,426
Net Cash / Debt	-14,005	-15,566	-14,255	-15,027	-14,155	-13,118
Net Cash Per Share	-129.72	-144.03	-130.89	-137.38	-127.32	-115.61
Filing Date Shares Outstanding	107.45	107.62	108.11	108.04	107.92	109.32
Total Common Shares Outstanding	108.03	107.56	108.05	108	108.96	109.82
Book Value Per Share	-46.01	-47.51	-47.86	-48.86	-48.49	-43.93
Tangible Book Value	-7,374	-7,499	-7,626	-8,053	-8,087	-7,981
Tangible Book Value Per Share	-68.26	-69.72	-70.58	-74.56	-74.22	-72.67
Land	1,011	1,013	941.36	889.29	848.05	818.27
Construction In Progress	77.68	72.2	105.63	77.56	47.57	38.07

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q