What are SBA Communications's total assets?

SBA Communications (SBAC) holds $11.7B in total assets, up 12.2% year over year.

How much debt does SBA Communications have?

SBA Communications carries $13.0B in total debt against -$4.8B of shareholders' equity, a debt-to-equity ratio of -2.73.

How much cash does SBA Communications have?

SBA Communications holds $332.5M in cash and equivalents.

Can SBA Communications cover its short-term obligations?

Its current ratio is 0.23 — current liabilities exceed current assets.

Where does SBA Communications's balance sheet data come from?

Every line is extracted from SBA Communications's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

SBA Communications SBAC Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$437.02M-68.8%	$1.4B+458%	$250.95M+32.6%	$189.28M-56.5%
Restricted cash	$167.8M-86.1%	$1.21B+3,065%	$38.13M-9.1%	$41.96M-36.0%
Accounts receivable, net	$171.26M+17.5%	$145.7M-20.3%	$182.75M-0.9%	$184.37M+80.8%
Prepaid expenses and other current assets	$141.65M-66.1%	$417.33M+981%	$38.59M+16.4%	$33.15M+7.6%
Income taxes receivable	$26.74M+133%	$11.5M+26.8%	$9.06M-14.8%	$10.64M-4.1%
Contract assets	$28.15M+46.6%	$19.2M+18.1%	$16.25M-79.6%	$79.55M+62.9%
Accrued investment income	$611K-86.0%	$4.36M+107%	$2.1M+297%	$529K—
Derivative assets	$6.45M-87.3%	$50.59M-51.7%	$104.67M-42.8%	$182.86M+203%
Total current assets	$773.43M-60.9%	$1.98B+309%	$484.27M+0.3%	$482.73M-21.4%
Property and equipment, net	$3.4B+21.8%	$2.79B+3.0%	$2.71B-0.1%	$2.71B+5.4%
Accumulated depreciation	$4.36B+1.9%	$4.28B+0.8%	$4.25B+7.0%	$3.97B+7.2%
Operating lease right-of-use assets	$2.54B+3,848,831,818,082%	$0.07+3.1%	$0.06+12.3%	$0.06+1.8%
Intangible assets, net	$2.88B+20.7%	$2.39B-2.7%	$2.46B-11.6%	$2.78B-1.0%
Deferred tax assets	$178M+271%	$48M-75.5%	$195.52M+54.4%	$126.65M-41.9%
Other non-current assets	$150.52M+227%	$46.02M+4.9%	$43.87M-5.3%	$46.34M+99.1%
Equity method investments	$21.05M+1.3%	$20.78M-15.3%	$24.54M-39.7%	$40.7M-15.0%
Long-term investments	$6.65M-97.4%	$254.53M+24,234%	$1.05M-21.4%	$1.33M+71.1%
Net loans	$63.78M-44.7%	$115.28M+11,136%	$1.03M—	——
Total assets	$11.58B+1.4%	$11.42B+12.2%	$10.18B-3.8%	$10.59B+8.0%
Accounts payable	$73.03M+22.6%	$59.55M+41.1%	$42.2M-17.9%	$51.43M+51.0%
Accrued expenses	$94.01M+424%	$17.93M-3.9%	$18.66M-61.7%	$48.76M+168%
Accrued compensation	$32.81M+31.2%	$25M-2.5%	$25.63M-7.6%	$27.73M+11.1%
Deferred revenue	$7.18M+35.7%	$5.29M-5.4%	$5.6M-77.8%	$25.19M+346%
Current portion of long-term debt	$1.94B+63.0%	$1.19B+84.7%	$643.15M+2,580%	$24M0.0%
Accrued interest	$65.04M+4.5%	$62.24M+8.2%	$57.5M+6.1%	$54.17M+10.3%
Total current liabilities	$2.68B+49.0%	$1.8B+31.9%	$1.36B+95.7%	$696.76M+13.1%
Deferred tax liabilities	-$3.99M—	——	$1.5M-2.4%	$1.53M-2.5%
Long-term debt	$10.96B-11.6%	$12.4B+6.2%	$11.68B-9.1%	$12.84B+4.6%
Asset retirement obligations	$152.6M+8.3%	$140.9M+18.1%	$119.3M+49.5%	$79.8M+48.9%
Other non-current liabilities	$588.24M+59.9%	$367.94M-9.0%	$404.16M+62.9%	$248.07M+29.6%
Total noncurrent liabilities	$13.67B-6.8%	$14.68B+5.2%	$13.95B-7.8%	$15.13B+4.7%
Common stock	$400M0.0%	$400M0.0%	$400M0.0%	$400M0.0%
Additional paid-in capital	$3.06B+2.8%	$2.98B+2.8%	$2.89B+3.5%	$2.8B+4.2%
Retained earnings	-$7.25B+1.0%	-$7.33B+1.7%	-$7.45B+0.4%	-$7.48B-3.9%
Accumulated other comprehensive income (loss)	-$664.1M+12.7%	-$760.28M-23.6%	-$615.2M-4.2%	-$590.51M+22.5%
Redeemable noncontrolling interests	$78.26M+44.6%	$54.13M+54.5%	$35.05M+10.4%	$31.74M+84.0%
Total stockholders' equity	-$4.85B+5.0%	-$5.11B+1.2%	-$5.17B+2.0%	-$5.28B+0.1%
Total liabilities and stockholders' equity	$11.58B+1.4%	$11.42B+12.2%	$10.18B-3.8%	$10.59B+8.0%
Allowance for Doubtful Accounts	$18.78M+27.9%	$14.69M+14.4%	$12.84M+40.1%	$9.17M-24.5%
Allowance for Doubtful Accounts Receivable (Current)	$18.78M+27.9%	$14.69M+14.4%	$12.84M+40.1%	$9.17M-24.5%
Other current assets	$34.7M+52.5%	$22.76M+37.1%	$16.6M+23.4%	$13.45M-13.8%
Equipment Installment Plan Receivables, Gross	$3.66M-93.8%	$59.33M-59.9%	$148.1M+271%	$39.92M—
Financing Receivables	$3.66M-93.8%	$59.33M-59.9%	$148.1M+271%	$39.92M—
Operating Lease Income - 2022 (Lessor)	$2.22B+5.5%	$2.11B-2.0%	$2.15B+3.3%	$2.08B+12.3%
Restricted Marketable Securities	$43.3M+1.9%	$42.5M+1.2%	$42M-0.7%	$42.3M0.0%
Capitalized Contract Costs, Net	$146.71M+97.0%	$74.47M-24.5%	$98.67M-28.4%	$137.74M+81.3%
Deferred Tax Assets and Other Non-Current Assets	$4.23M-48.1%	$8.15M-42.1%	$14.08M+33.8%	$10.52M+24.0%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$126.12M+18.8%	$106.17M-63.6%	$291.67M-13.6%	$337.42M+3.1%
Finite Lived Intangible Assets - Gross	$7.69B+8.9%	$7.06B-1.7%	$7.18B+1.7%	$7.06B+5.8%
Net Investment in Lease	$11.55B+19.5%	$9.67B-7.0%	$10.39B-1.4%	$10.54B+7.5%
Net Operating Loss Carryforwards	$366.2M-3.1%	$377.9M-1.2%	$382.3M-29.9%	$545.2M-16.7%
Acquired And Other Right Of Use Assets Net	$1.33B+1.3%	$1.31B-11.2%	$1.47B-2.3%	$1.51B+56.3%
Deferred Costs Leasing Net	$10M+13.6%	$8.8M+1.1%	$8.7M+13.0%	$7.7M+22.2%
DEFERRED RENT ASSET	$424.63M+1.7%	$417.57M+0.6%	$415.1M+6.8%	$388.64M+11.5%
Intangible assets — net	$2.88B+20.7%	$2.39B-2.7%	$2.46B-11.6%	$2.78B-1.0%
Investments	$21.05M+1.3%	$20.78M-15.3%	$24.54M-39.7%	$40.7M-15.0%
Operating lease right-of-use assets	$2.54B+10.8%	$2.29B+2.3%	$2.24B-5.9%	$2.38B+5.0%
Other non-current assets	$651.99M-0.8%	$657.1M-19.1%	$812.48M+12.5%	$722.37M+25.5%
Property, plant and equipment at cost	$7.76B+9.8%	$7.07B+1.6%	$6.96B+4.1%	$6.69B+6.5%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$6.65M-97.4%	$254.53M+24,234%	$1.05M-21.4%	$1.33M+71.1%
Operating Lease Right-of-Use Assets in Other Assets	$2.54B+10.8%	$2.29B+2.3%	$2.24B-5.9%	$2.38B+5.0%
Software and Technology Licenses, Net	$651.99M-0.8%	$657.1M-19.1%	$812.48M+12.5%	$722.37M+25.5%
Other Commercial Liabilities	$93.5M+14.1%	$81.98M-11.5%	$92.62M-8.7%	$101.48M+49.1%
Accrued Liabilities, Current	$93.5M+14.1%	$81.98M-11.5%	$92.62M-8.7%	$101.48M+49.1%
Deferred income	$117.31M-7.9%	$127.31M-46.0%	$235.67M+52.5%	$154.55M-16.2%
Lease Liability Current	$299.6M+14.8%	$261.02M-4.6%	$273.46M+4.2%	$262.37M+10.0%
Other accrued liabilities	$94.01M+424%	$17.93M-3.9%	$18.66M-61.7%	$48.76M+168%
Lease Liability Payments - 2021	$2.87M+49.3%	$1.92M-15.0%	$2.26M-6.8%	$2.43M+35.3%
Debt Instrument Face Amount	$12.96B-5.2%	$13.67B+10.4%	$12.39B-4.4%	$12.95B+4.5%
Debt Maturity - 2027	$1.47B-51.5%	$3.04B+45.0%	$2.1B-38.5%	$3.41B+429%
Long-Term Debt - Fair Value	$12.38B-3.7%	$12.85B+11.9%	$11.48B-2.9%	$11.82B-4.6%
Secured Debt	$10B-6.5%	$10.7B+13.8%	$9.4B-6.0%	$10B+6.4%
Unrecognized Tax Benefits	$14.92M+7.2%	$13.91M-2.1%	$14.2M—	$0—
Unrecognized Tax Benefits - Impacting Effective Tax Rate	0%-300,000,000%	300,000,000%0.0%	300,000,000%—	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	$105.67M-1.8%	$107.56M-0.5%	$108.05M0.0%	$108M-0.9%
Convertible Preferred Stock Authorized Shares	$30M0.0%	$30M0.0%	$30M0.0%	$30M0.0%
Convertible Preferred Stock Issued Shares	$0—	$0—	$0—	$0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.06M-1.8%	$1.08M-0.4%	$1.08M0.0%	$1.08M-0.8%
Number of Exercisable Options	$530K-50.3%	$1.07M-18.8%	$1.31M-6.8%	$1.41M+20.7%
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share-Based Payment Award Options Outstanding - Number	$546K-49.8%	$1.09M-18.8%	$1.34M-19.9%	$1.67M-11.9%
Share Price	$193.43-5.1%	$203.8-19.7%	$253.69-9.5%	$280.31-27.9%
Weighted Average Exercise Price of Outstanding Options	187.1+7.1%	174.7+3.8%	168.3+4.5%	161+2.1%
Nonperforming Loans and Leases Percentage	$3.66M-93.8%	$59.33M-59.9%	$148.1M+271%	$39.92M—
Cumulative Cost Basis	$7.76B+9.8%	$7.07B+1.6%	$6.96B+4.1%	$6.69B+6.5%
Accrued Holdbacks	$3.2M-70.7%	$10.9M-32.3%	$16.1M-37.3%	$25.68M+2,583%
Accounts Receivable, Allowance for Credit Loss	$18.78M+27.9%	$14.69M+14.4%	$12.84M+40.1%	$9.17M-24.5%
Capital Expenditure Accrual Current	$12.27M-15.8%	$14.58M+125%	$6.48M-13.4%	$7.48M+2.5%
Capitalized Contract Cost, Net	$146.71M+97.0%	$74.47M-24.5%	$98.67M-28.4%	$137.74M+81.3%
Collateral For Surety Payment And Performance Bonds	$0—	$0—	$0—	$0—
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$400M0.0%	$400M0.0%	$400M0.0%	$400M0.0%
Common stock, shares issued (in shares)	$105.67M-1.8%	$107.56M-0.5%	$108.05M0.0%	$108M-0.9%
Common Stock, Shares, Outstanding	$105.67M-1.8%	$107.56M-0.5%	$108.05M0.0%	$108M-0.9%
Contract with Customer, Asset, after Allowance for Credit Loss	$9.97M+12.8%	$8.84M+1.4%	$8.71M+12.5%	$7.75M+22.1%
Contract With Customer Billing To Date	$179.33M+94.7%	$92.08M-39.7%	$152.61M+13.3%	$134.67M+119%
Contract With Customer Estimated Earnings	$53.59M+70.1%	$31.51M-51.2%	$64.59M+25.9%	$51.29M+77.8%
Contract With Customer Net Asset Liability	$20.97M+50.8%	$13.91M+30.5%	$10.66M-80.4%	$54.36M+25.9%
Debt issuances	$12.96B-5.2%	$13.67B+10.4%	$12.39B-4.4%	$12.95B+4.5%
Debt Instrument, Fair Value Disclosure	$12.38B-3.7%	$12.85B+11.9%	$11.48B-2.9%	$11.82B-4.6%
Deferred Costs Leasing Accumulated Amortization	$2.1M+10.5%	$1.9M-17.4%	$2.3M+21.1%	$1.9M+35.7%
Deferred Tax Assets Currency Translation	-$3.45M-105%	$64.88M—	——	——
Deferred Tax Assets, Net of Valuation Allowance	$35.72M-91.2%	$406.69M+1.3%	$401.43M+2.6%	$391.09M+9.5%
Deferred Tax Assets Noncash Compensation	$18.27M-29.3%	$25.83M-12.7%	$29.58M-3.0%	$30.5M+162%
Deferred Tax Assets Operating Lease Liability	$282.82M+11.1%	$254.52M-5.1%	$268.11M+0.9%	$265.71M+20.1%
Deferred Tax Assets, Operating Loss Carryforwards	$25.05M-19.0%	$30.94M-26.4%	$42.06M-9.6%	$46.52M-17.6%
U.S. federal, state and foreign net operating loss, credit carryforwards and other carryforwards	$366.2M-3.1%	$377.9M-1.2%	$382.3M-29.9%	$545.2M-16.7%
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	$221.5M-1.8%	$225.6M+11,180%	$2M-99.4%	$339.6M-23.1%
Fixed assets	$24.65M+35.3%	$18.22M-27.8%	$25.23M+86.8%	$13.51M+16.4%
Accrued expenses	$19.89M+33.6%	$14.89M-0.4%	$14.95M+19.5%	$12.5M+40.7%
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Revenue	$5.7M-0.7%	$5.74M-9.7%	$6.35M+12.2%	$5.66M+21.7%
Deferred Tax Liabilities, Net	$281.39M+802%	$31.2M-39.7%	$51.74M+15.6%	$44.77M+138%
Deferred Tax Liabilities Deferred Foreign Withholding Taxes	$23.29M+160%	$8.95M+7.5%	$8.32M-8.4%	$9.09M-11.9%
Deferred Tax Liabilities, Other	-$3.99M—	——	$1.5M-2.4%	$1.53M-2.5%
Deferred Tax Liabilities, Property, Plant and Equipment	$342.74M+99.5%	$171.76M+1.2%	$169.74M+11.5%	$152.21M+13.6%
Deferred Tax Liabilities Right Of Use Asset	$269.09M+12.0%	$240.3M-5.6%	$254.57M+0.1%	$254.37M+20.5%
Deferred Tax Liabilities Straight Line Rent	$17.07M+1.1%	$16.88M-11.3%	$19.03M+2.0%	$18.66M-2.1%
2027	$2.87M+49.3%	$1.92M-15.0%	$2.26M-6.8%	$2.43M+35.3%
Finite-Lived Intangible Assets, Accumulated Amortization	$4.81B+2.8%	$4.67B-1.1%	$4.72B+10.2%	$4.29B+10.7%
2028	$126.13M+18.8%	$106.2M-70.1%	$355.58M-2.0%	$362.71M-0.9%
2030	$126.12M+18.8%	$106.17M-63.6%	$291.67M-13.6%	$337.42M+3.1%
2031	$126.12M+18.8%	$106.17M-53.6%	$228.63M-20.2%	$286.58M-8.2%
2027	$126.15M+18.6%	$106.37M-70.9%	$365.26M-7.0%	$392.68M+0.8%
2029	$126.12M+18.8%	$106.18M-68.8%	$340.52M-3.5%	$352.71M+4.6%
Gross Carrying Amount	$7.69B+8.9%	$7.06B-1.7%	$7.18B+1.7%	$7.06B+5.8%
Intercompany Foreign Currency Balance Amount	$917.3M+83,291%	$1.1M-15.4%	$1.3M-13.3%	$1.5M-99.8%
Interest receivable on interest rate and cross currency swaps	$611K-86.0%	$4.36M+107%	$2.1M+297%	$529K—
Lease Liability Noncurrent	$2.12B+11.3%	$1.9B+2.0%	$1.87B-8.6%	$2.04B+3.0%
2028	$3.04B+56.8%	$1.94B-43.2%	$3.41B+429%	$644M-3.0%
2029	$1.47B-51.5%	$3.04B+45.0%	$2.1B-38.5%	$3.41B+429%
2029	$23M-99.2%	$2.97B+105%	$1.45B-39.5%	$2.4B+5.7%
2030	$3.45B+134%	$1.47B-38.5%	$2.4B-9.1%	$2.64B-22.7%
2027	$1.94B+63.1%	$1.19B+84.5%	$644M+2,583%	$24M0.0%
Long-Lived Assets	$10.15B+15.6%	$8.78B—	——	——
Notes And Loans Receivable Gross Current	$63.78M-44.7%	$115.28M+11,136%	$1.03M—	——
Other accrued liabilities	$37.63M+54.9%	$24.3M-34.8%	$37.27M+15.8%	$32.18M+21.3%
Performance Targets Maximum Potential Obligation	$63.2M+422%	$12.1M-32.4%	$17.9M+77.2%	$10.1M-12.9%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$30M0.0%	$30M0.0%	$30M0.0%	$30M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid Insurance	$1.78M+4.3%	$1.7M+12.0%	$1.52M—	——
Prepaid Real Estate Taxes	$3.82M+7.0%	$3.56M+1.2%	$3.52M+5.7%	$3.33M+0.1%
Prepaid Rent Current	$3.59M-1.4%	$3.64M-2.0%	$3.71M-4.0%	$3.87M—
Real Estate Accumulated Depreciation	$4.4B+2.4%	$4.29B+1.4%	$4.23B+7.8%	$3.93B+7.7%
Real Estate And Accumulated Depreciation Amount Of Encumbrances	$9.96B-6.7%	$10.67B+13.7%	$9.39B-5.7%	$9.95B+5.9%
Real Estate Gross At Carrying Value	$8.93B+8.7%	$8.21B-0.2%	$8.23B+3.0%	$7.99B+13.1%
Redeemable noncontrolling interests in subsidiaries	$78.26M+44.6%	$54.13M+54.5%	$35.05M+10.4%	$31.74M+84.0%
Restricted assets in fixed maturities and short-term investments	$43.3M+1.9%	$42.5M+1.2%	$42M-0.7%	$42.3M0.0%
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	$530K-50.3%	$1.07M-18.8%	$1.31M-6.8%	$1.41M+20.7%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$546K-49.8%	$1.09M-18.8%	$1.34M-19.9%	$1.67M-11.9%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$187.07+7.1%	$174.74+3.8%	$168.32+4.5%	$161.02+2.1%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$185.16+7.0%	$173.12+4.0%	$166.49+7.0%	$155.62+6.3%
Share price (in dollars per share)	$193.43-5.1%	$203.8-19.7%	$253.69-9.5%	$280.31-27.9%
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares	16K-27.3%	22K-21.4%	28K-89.5%	266K-63.7%
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price	250.4-0.9%	252.8-0.5%	254.2+33.9%	189.8+7.9%
Unrecognized tax benefits	$14.92M+7.2%	$13.91M-2.1%	$14.2M—	$0—
Amount that if recognized, would affect the effective tax rate or regulatory liability	$0-100%	$3M0.0%	$3M—	——

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Questions, answered.

What are SBA Communications's total assets?: SBA Communications (SBAC) holds $11.7B in total assets, up 12.2% year over year.
How much debt does SBA Communications have?: SBA Communications carries $13.0B in total debt against -$4.8B of shareholders' equity, a debt-to-equity ratio of -2.73.
How much cash does SBA Communications have?: SBA Communications holds $332.5M in cash and equivalents.
Can SBA Communications cover its short-term obligations?: Its current ratio is 0.23 — current liabilities exceed current assets.
Where does SBA Communications's balance sheet data come from?: Every line is extracted from SBA Communications's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.