Current Assets

Total Current Assets

SBA Communications Total Current Assets decreased by 0.8% to $767.49M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.8%, from $933.32M to $767.49M. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$482.23M$403.79M$614.45M$539.42M$494.90M$529.81M$482.73M$471.55M$518.62M$459.98M$484.27M$447.60M$460.01M$450.27M$1.98B$933.32M$523.81M$812.52M$773.43M$767.49M
QoQ Change-16.3%+52.2%-12.2%-8.3%+7.1%-8.9%-2.3%+10.0%-11.3%+5.3%-7.6%+2.8%-2.1%+339.5%-52.8%-43.9%+55.1%-4.8%-0.8%
YoY Change+2.6%+31.2%-21.4%-12.6%+4.8%-13.2%+0.3%-5.1%-11.3%-2.1%+308.6%+108.5%+13.9%+80.5%-60.9%-17.8%
Range$403.79M$1.98B
CAGR+10.3%
Avg YoY Growth+25.4%
Median YoY Growth-0.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is SBA Communications's total current assets?
SBA Communications (SBAC) reported total current assets of $767.49M in Q1 2026.
How has SBA Communications's total current assets changed year-over-year?
SBA Communications's total current assets decreased by 17.8% year-over-year, from $933.32M to $767.49M.
What is the long-term trend for SBA Communications's total current assets?
Over 5 years (2020 to 2025), SBA Communications's total current assets has grown at a 10.3% compound annual growth rate (CAGR), from $472.99M to $773.43M.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.