Other

Paid-in-kind interest capitalized

SBA Communications Paid-in-kind interest capitalized increased by 36.2% to $772.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 90.8%, from $8.35M to $772.00K. Over 3 years (FY 2021 to FY 2024), Paid-in-kind interest capitalized shows a downward trend with a -16.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

High levels of PIK interest may signal liquidity constraints or a strategy to preserve cash for capital investment.

Detailed definition

Interest expense that is settled by issuing additional debt or equity rather than cash payments. This allows the company...

Peer comparison

Common in highly leveraged companies or those in growth phases managing cash flow.

Metric ID: other_paid_in_kind_interest

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$11.81M$11.82M$11.65M$11.53M$11.53M$11.53M$11.53M$14.24M$7.52M$7.90M$6.21M$8.44M$7.08M$7.19M$4.95M$8.35M$1.23M$567.00K$772.00K
QoQ Change+0.1%-1.4%-1.1%+0.0%-0.0%-0.0%+23.5%-47.2%+5.1%-21.3%+35.9%-16.1%+1.6%-31.2%+68.8%-85.2%-54.0%+36.2%
YoY Change-2.4%-2.5%-1.0%+23.5%-34.8%-31.5%-46.1%-40.7%-5.8%-8.9%-20.4%-1.1%-82.6%-92.1%-90.8%
Range$567.00K$14.24M
CAGR-45.5%
Avg YoY Growth-29.1%
Median YoY Growth-20.4%

Frequently Asked Questions

What is SBA Communications's paid-in-kind interest capitalized?
SBA Communications (SBAC) reported paid-in-kind interest capitalized of $772.00K in Q1 2026.
How has SBA Communications's paid-in-kind interest capitalized changed year-over-year?
SBA Communications's paid-in-kind interest capitalized decreased by 90.8% year-over-year, from $8.35M to $772.00K.
What is the long-term trend for SBA Communications's paid-in-kind interest capitalized?
Over 3 years (2021 to 2024), SBA Communications's paid-in-kind interest capitalized has grown at a -16.2% compound annual growth rate (CAGR), from $47.09M to $27.66M.
What does paid-in-kind interest capitalized mean?
Interest paid by increasing the principal balance rather than using cash.