SBA Net Debt vs Long Term Investments Analysis

SBAC Stock

USD 196.23 1.70 0.86%

SBA Communications financial indicator trend analysis is much more than just breaking down SBA Communications Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBA Communications Corp is a good investment. Please check the relationship between SBA Communications Net Debt and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Net Debt account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between SBA Communications' Net Debt and Long Term Investments is -0.13. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of SBA Communications Corp, assuming nothing else is changed. The correlation between historical values of SBA Communications' Net Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of SBA Communications Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., SBA Communications' Net Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Investments

Long Term Investments is an item on the asset side of SBA Communications balance sheet that represents investments SBA Communications Corp intends to hold for over a year. SBA Communications Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from SBA Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBA Communications Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

At present, SBA Communications' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.13, whereas Discontinued Operations is forecasted to decline to about 1.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	2.0B	1.4B	788.1M
Total Revenue	2.3B	2.6B	2.7B	2.8B

Gross Profit Total Revenue

SBA Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.81	0.73	0.44	-0.65	0.81	0.81	-0.76	0.37	0.49	1.0	0.13	0.49	0.25	0.67	0.81	-0.07	0.54	0.81	0.5	0.88	0.29	0.69	0.72	0.66	0.56
Short Long Term Debt Total	0.81		0.43	0.63	-0.93	0.74	1.0	-0.97	0.34	0.66	0.8	0.52	0.65	0.63	0.4	1.0	-0.47	0.33	1.0	0.84	0.76	0.49	0.35	0.56	0.39	0.38
Other Current Liab	0.73	0.43		0.4	-0.2	0.54	0.43	-0.39	0.43	0.4	0.73	0.03	0.41	0.1	0.6	0.43	0.04	0.55	0.44	0.27	0.7	0.25	0.62	0.59	0.65	0.42
Total Current Liabilities	0.44	0.63	0.4		-0.53	0.21	0.63	-0.63	0.13	0.53	0.43	0.69	0.53	0.71	0.28	0.58	-0.64	0.29	0.64	0.74	0.46	0.97	0.19	0.42	0.36	0.29
Total Stockholder Equity	-0.65	-0.93	-0.2	-0.53		-0.65	-0.93	0.96	-0.28	-0.62	-0.64	-0.5	-0.61	-0.61	-0.12	-0.93	0.5	-0.14	-0.93	-0.78	-0.66	-0.43	-0.09	-0.31	-0.09	-0.27
Property Plant And Equipment Net	0.81	0.74	0.54	0.21	-0.65		0.74	-0.71	0.41	0.48	0.81	-0.15	0.47	0.01	0.41	0.75	0.18	0.41	0.73	0.35	0.77	0.09	0.44	0.49	0.32	0.2
Net Debt	0.81	1.0	0.43	0.63	-0.93	0.74		-0.97	0.33	0.65	0.8	0.52	0.64	0.63	0.4	1.0	-0.47	0.33	1.0	0.83	0.76	0.49	0.35	0.56	0.39	0.38
Retained Earnings	-0.76	-0.97	-0.39	-0.63	0.96	-0.71	-0.97		-0.37	-0.7	-0.75	-0.54	-0.69	-0.64	-0.33	-0.97	0.51	-0.39	-0.97	-0.84	-0.76	-0.51	-0.21	-0.53	-0.32	-0.32
Accounts Payable	0.37	0.34	0.43	0.13	-0.28	0.41	0.33	-0.37		0.53	0.36	0.0	0.53	0.02	0.25	0.34	-0.01	0.39	0.33	0.22	0.44	0.0	0.19	0.32	0.25	-0.04
Cash	0.49	0.66	0.4	0.53	-0.62	0.48	0.65	-0.7	0.53		0.47	0.39	1.0	0.42	0.21	0.64	-0.4	0.35	0.66	0.62	0.76	0.41	0.07	0.35	0.24	0.01
Non Current Assets Total	1.0	0.8	0.73	0.43	-0.64	0.81	0.8	-0.75	0.36	0.47		0.13	0.47	0.25	0.67	0.81	-0.06	0.54	0.8	0.5	0.87	0.29	0.7	0.72	0.66	0.57
Non Currrent Assets Other	0.13	0.52	0.03	0.69	-0.5	-0.15	0.52	-0.54	0.0	0.39	0.13		0.39	0.98	0.02	0.49	-0.98	0.08	0.53	0.87	0.15	0.63	-0.18	0.19	0.14	0.08
Cash And Short Term Investments	0.49	0.65	0.41	0.53	-0.61	0.47	0.64	-0.69	0.53	1.0	0.47	0.39		0.41	0.22	0.64	-0.4	0.36	0.65	0.62	0.76	0.41	0.08	0.36	0.25	0.01
Net Receivables	0.25	0.63	0.1	0.71	-0.61	0.01	0.63	-0.64	0.02	0.42	0.25	0.98	0.41		0.04	0.61	-0.96	0.1	0.64	0.93	0.26	0.63	-0.14	0.22	0.15	0.09
Common Stock Shares Outstanding	0.67	0.4	0.6	0.28	-0.12	0.41	0.4	-0.33	0.25	0.21	0.67	0.02	0.22	0.04		0.41	0.11	0.74	0.41	0.17	0.5	0.18	0.88	0.96	0.98	0.69
Non Current Liabilities Total	0.81	1.0	0.43	0.58	-0.93	0.75	1.0	-0.97	0.34	0.64	0.81	0.49	0.64	0.61	0.41		-0.44	0.33	1.0	0.82	0.76	0.44	0.36	0.57	0.39	0.39
Other Current Assets	-0.07	-0.47	0.04	-0.64	0.5	0.18	-0.47	0.51	-0.01	-0.4	-0.06	-0.98	-0.4	-0.96	0.11	-0.44		-0.04	-0.48	-0.85	-0.11	-0.59	0.31	-0.07	-0.02	0.03
Other Stockholder Equity	0.54	0.33	0.55	0.29	-0.14	0.41	0.33	-0.39	0.39	0.35	0.54	0.08	0.36	0.1	0.74	0.33	-0.04		0.34	0.27	0.5	0.19	0.4	0.82	0.75	0.24
Total Liab	0.81	1.0	0.44	0.64	-0.93	0.73	1.0	-0.97	0.33	0.66	0.8	0.53	0.65	0.64	0.41	1.0	-0.48	0.34		0.84	0.76	0.5	0.36	0.58	0.4	0.39
Property Plant And Equipment Gross	0.5	0.84	0.27	0.74	-0.78	0.35	0.83	-0.84	0.22	0.62	0.5	0.87	0.62	0.93	0.17	0.82	-0.85	0.27	0.84		0.51	0.62	-0.01	0.37	0.25	0.1
Total Current Assets	0.88	0.76	0.7	0.46	-0.66	0.77	0.76	-0.76	0.44	0.76	0.87	0.15	0.76	0.26	0.5	0.76	-0.11	0.5	0.76	0.51		0.31	0.48	0.58	0.51	0.39
Short Term Debt	0.29	0.49	0.25	0.97	-0.43	0.09	0.49	-0.51	0.0	0.41	0.29	0.63	0.41	0.63	0.18	0.44	-0.59	0.19	0.5	0.62	0.31		0.1	0.3	0.24	0.25
Intangible Assets	0.69	0.35	0.62	0.19	-0.09	0.44	0.35	-0.21	0.19	0.07	0.7	-0.18	0.08	-0.14	0.88	0.36	0.31	0.4	0.36	-0.01	0.48	0.1		0.76	0.84	0.75
Common Stock	0.72	0.56	0.59	0.42	-0.31	0.49	0.56	-0.53	0.32	0.35	0.72	0.19	0.36	0.22	0.96	0.57	-0.07	0.82	0.58	0.37	0.58	0.3	0.76		0.94	0.62
Common Stock Total Equity	0.66	0.39	0.65	0.36	-0.09	0.32	0.39	-0.32	0.25	0.24	0.66	0.14	0.25	0.15	0.98	0.39	-0.02	0.75	0.4	0.25	0.51	0.24	0.84	0.94		0.66
Other Liab	0.56	0.38	0.42	0.29	-0.27	0.2	0.38	-0.32	-0.04	0.01	0.57	0.08	0.01	0.09	0.69	0.39	0.03	0.24	0.39	0.1	0.39	0.25	0.75	0.62	0.66

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SBA Communications Account Relationship Matchups

SBA Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8B	9.2B	9.8B	10.6B	10.2B	5.3B
Short Long Term Debt Total	12.9B	13.4B	14.5B	15.2B	14.5B	15.2B
Other Current Liab	133.8M	131.7M	135.4M	204.4M	163.2M	87.7M
Total Current Liabilities	1.0B	614.8M	616.3M	696.8M	1.4B	1.4B
Total Stockholder Equity	(3.7B)	(4.8B)	(5.3B)	(5.3B)	(5.2B)	(4.9B)
Property Plant And Equipment Net	5.4B	5.1B	5.8B	6.6B	2.2B	2.5B
Net Debt	12.8B	13.1B	14.2B	15.0B	14.2B	14.9B
Retained Earnings	(5.6B)	(6.6B)	(7.2B)	(7.5B)	(7.5B)	(7.1B)
Accounts Payable	31.8M	110.0M	34.1M	51.4M	42.2M	39.8M
Cash	108.3M	308.6M	367.3M	143.7M	246.7M	259.0M
Non Current Assets Total	9.4B	8.7B	9.2B	10.1B	9.7B	5.0B
Non Currrent Assets Other	432.1M	366.7M	475.8M	665.5M	4.8B	5.0B
Cash And Short Term Investments	108.3M	308.6M	367.3M	143.7M	247.7M	260.1M
Net Receivables	158.4M	108.9M	150.8M	263.9M	748.1M	785.5M
Common Stock Shares Outstanding	114.7M	113.5M	111.2M	109.4M	108.9M	102.9M
Liabilities And Stockholders Equity	9.8B	9.2B	9.8B	10.6B	10.2B	5.3B
Non Current Liabilities Total	12.4B	13.4B	14.5B	15.1B	14.0B	14.6B
Other Current Assets	32.6M	11.2M	16.4M	33.1M	(995.8M)	(946.0M)
Other Stockholder Equity	2.5B	2.6B	2.7B	2.8B	2.9B	2.0B
Total Liab	13.4B	14.0B	15.1B	15.8B	15.3B	16.1B
Property Plant And Equipment Gross	5.4B	5.1B	5.8B	6.6B	10.7B	11.2B
Total Current Assets	334.3M	473.0M	614.4M	482.7M	484.3M	269.6M
Accumulated Other Comprehensive Income	(568.8M)	(807.6M)	(762.3M)	(590.5M)	(615.2M)	(584.4M)
Short Term Debt	769.1M	260.0M	262.5M	286.4M	916.6M	962.4M
Intangible Assets	3.6B	3.2B	2.8B	2.8B	2.5B	2.0B
Common Stock	1.1M	1.1M	1.1M	1.1M	1.2M	1.3M
Common Stock Total Equity	1.1M	1.1M	1.1M	1.1M	1.2M	1.1M
Other Liab	180.6M	186.2M	191.5M	248.1M	285.3M	163.3M
Other Assets	384.5M	2.9B	575.6M	498.8M	573.6M	404.6M
Long Term Debt	9.8B	11.1B	12.3B	12.8B	11.7B	6.0B
Property Plant Equipment	2.8B	2.7B	5.8B	2.7B	3.1B	2.2B
Current Deferred Revenue	113.5M	113.1M	184.4M	154.6M	241.3M	253.3M
Inventory	34.9M	44.4M	80.0M	42.0M	1.0	0.95
Net Tangible Assets	(7.3B)	(8.0B)	(8.1B)	(8.0B)	(7.2B)	(7.6B)
Retained Earnings Total Equity	(5.6B)	(6.6B)	(7.2B)	(7.5B)	(6.7B)	(6.4B)
Long Term Debt Total	9.8B	11.1B	12.3B	12.8B	14.8B	9.2B
Capital Surpluse	2.5B	2.6B	2.7B	2.8B	3.2B	2.6B
Deferred Long Term Liab	4.9M	4.8M	6.3M	7.7M	7.0M	6.6M
Non Current Liabilities Other	2.6B	2.3B	191.5M	248.1M	404.2M	662.6M

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When determining whether SBA Communications Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBA Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sba Communications Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sba Communications Corp Stock:

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Is SBA Stock a good investment?

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What is SBA Communications' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.

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Is SBA Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.063

Dividend Share

3.4

Earnings Share

4.61

Revenue Per Share

25.06

Quarterly Revenue Growth

(0.02)

The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SBA Net Debt vs Long Term Investments Analysis

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Investments

SBA Communications fundamental ratios Correlations

SBA Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SBA Communications fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt

Other Current Assets	- 0.98	Non Currrent Assets Other
Total Liab	- 0.97	Retained Earnings
Non Current Liabilities Total	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Net Debt
Retained Earnings	- 0.97	Short Long Term Debt Total
Other Current Assets	- 0.96	Net Receivables