SBA Extraordinary Items vs Interest Income Analysis
SBAC Stock | USD 203.28 0.29 0.14% |
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 Extraordinary Items and its Interest Income 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 closely tied with the direction of predictive economic indicators such as signals in nation.
Extraordinary Items vs Interest Income
Extraordinary Items vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Extraordinary Items account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between SBA Communications' Extraordinary Items and Interest Income is -0.77. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Interest Income 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' Extraordinary Items and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of SBA Communications Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Extraordinary Items i.e., SBA Communications' Extraordinary Items and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Extraordinary Items
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 closely tied 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 | 2.1B | 2.2B | Total Revenue | 2.3B | 2.6B | 2.7B | 2.8B |
SBA Communications fundamental ratios Correlations
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SBA Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 122.1M | 72.9M | (77.0M) | 113.6M | 70.6M | |
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 | 6.4B | 6.7B | |
Net Debt | 12.8B | 13.1B | 14.2B | 15.0B | 14.3B | 15.0B | |
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 | 208.5M | 115.0M | |
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 | 720.5M | 756.5M | |
Cash And Short Term Investments | 108.3M | 308.6M | 367.3M | 143.7M | 208.5M | 120.2M | |
Net Receivables | 158.4M | 108.9M | 150.8M | 263.9M | 199.0M | 208.9M | |
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 | 55.5M | 110.0M | 154.7M | 57.3M | 49.9M | |
Other Stockholder Equity | 8.0B | 2.6B | 2.7B | 2.8B | 2.9B | 2.2B | |
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 | 501.0M | 548.7M | 1.2B | 1.2B | |
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 | 325K | 308.8K | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Telecom Tower REITs space 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 2 | Dividend Share 3.79 | Earnings Share 6.34 | Revenue Per Share 24.696 | 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.