SBA Ebit vs Reconciled Depreciation Analysis

SBAC Stock  USD 228.51  1.92  0.85%   
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 Ebit and its Reconciled Depreciation 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.

Ebit vs Reconciled Depreciation

Ebit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Ebit account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SBA Communications' Ebit and Reconciled Depreciation is 0.47. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Reconciled Depreciation 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' Ebit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of SBA Communications Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Ebit i.e., SBA Communications' Ebit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Ebit

Reconciled Depreciation

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 Profit1.8B2.0B2.1B2.2B
Total Revenue2.3B2.6B2.7B2.8B

SBA Communications fundamental ratios Correlations

0.810.130.44-0.650.740.81-0.760.370.571.00.610.560.710.670.810.490.550.810.50.880.360.690.720.660.56
0.81-0.130.63-0.930.961.0-0.970.340.540.80.740.530.890.41.00.280.411.00.840.760.620.350.560.390.38
0.13-0.130.230.34-0.19-0.140.20.210.210.140.040.22-0.330.48-0.15-0.150.26-0.12-0.140.110.050.560.360.540.28
0.440.630.23-0.530.650.63-0.630.130.340.430.680.340.590.280.58-0.020.410.640.740.460.980.190.420.360.29
-0.65-0.930.34-0.53-0.88-0.930.96-0.28-0.52-0.64-0.63-0.51-0.81-0.12-0.93-0.08-0.25-0.93-0.78-0.66-0.57-0.09-0.31-0.09-0.27
0.740.96-0.190.65-0.880.96-0.950.340.530.730.640.530.880.30.950.310.440.960.920.720.670.190.50.330.16
0.811.0-0.140.63-0.930.96-0.970.330.530.80.750.520.890.41.00.280.411.00.840.760.620.350.560.390.38
-0.76-0.970.2-0.630.96-0.95-0.97-0.37-0.59-0.75-0.71-0.58-0.85-0.33-0.97-0.19-0.36-0.97-0.84-0.76-0.65-0.21-0.53-0.32-0.32
0.370.340.210.13-0.280.340.33-0.370.560.360.020.570.10.250.340.10.10.330.220.440.010.190.320.25-0.04
0.570.540.210.34-0.520.530.53-0.590.560.550.161.00.230.250.530.20.150.540.370.830.30.180.340.250.06
1.00.80.140.43-0.640.730.8-0.750.360.550.610.540.710.670.810.490.560.80.50.870.350.70.720.660.57
0.610.740.040.68-0.630.640.75-0.710.020.160.610.160.770.570.740.190.150.760.650.50.650.480.660.580.77
0.560.530.220.34-0.510.530.52-0.580.571.00.540.160.220.260.530.210.140.530.370.830.30.180.350.260.06
0.710.89-0.330.59-0.810.880.89-0.850.10.230.710.770.220.30.890.440.320.890.80.620.620.270.440.310.37
0.670.40.480.28-0.120.30.4-0.330.250.250.670.570.260.30.410.420.390.410.170.50.140.880.960.980.69
0.811.0-0.150.58-0.930.951.0-0.970.340.530.810.740.530.890.410.30.391.00.820.760.570.360.570.390.39
0.490.28-0.15-0.02-0.080.310.28-0.190.10.20.490.190.210.440.420.3-0.010.290.140.52-0.040.420.370.430.18
0.550.410.260.41-0.250.440.41-0.360.10.150.560.150.140.320.390.39-0.010.40.270.30.340.420.440.370.05
0.811.0-0.120.64-0.930.961.0-0.970.330.540.80.760.530.890.411.00.290.40.840.760.630.360.580.40.39
0.50.84-0.140.74-0.780.920.84-0.840.220.370.50.650.370.80.170.820.140.270.840.510.77-0.010.370.250.1
0.880.760.110.46-0.660.720.76-0.760.440.830.870.50.830.620.50.760.520.30.760.510.410.480.580.510.39
0.360.620.050.98-0.570.670.62-0.650.010.30.350.650.30.620.140.57-0.040.340.630.770.410.020.30.210.2
0.690.350.560.19-0.090.190.35-0.210.190.180.70.480.180.270.880.360.420.420.36-0.010.480.020.760.840.75
0.720.560.360.42-0.310.50.56-0.530.320.340.720.660.350.440.960.570.370.440.580.370.580.30.760.940.62
0.660.390.540.36-0.090.330.39-0.320.250.250.660.580.260.310.980.390.430.370.40.250.510.210.840.940.66
0.560.380.280.29-0.270.160.38-0.32-0.040.060.570.770.060.370.690.390.180.050.390.10.390.20.750.620.66
Click cells to compare fundamentals

SBA Communications Account Relationship Matchups

SBA Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B9.2B9.8B10.6B10.2B5.3B
Short Long Term Debt Total12.9B13.4B14.5B15.2B14.5B15.2B
Other Current Liab133.8M122.1M72.9M(77.0M)113.6M70.6M
Total Current Liabilities1.0B614.8M616.3M696.8M1.4B1.4B
Total Stockholder Equity(3.7B)(4.8B)(5.3B)(5.3B)(5.2B)(4.9B)
Property Plant And Equipment Net5.4B5.1B5.8B6.6B6.4B6.7B
Net Debt12.8B13.1B14.2B15.0B14.3B15.0B
Retained Earnings(5.6B)(6.6B)(7.2B)(7.5B)(7.5B)(7.1B)
Accounts Payable31.8M110.0M34.1M51.4M42.2M39.8M
Cash108.3M308.6M367.3M143.7M208.5M115.0M
Non Current Assets Total9.4B8.7B9.2B10.1B9.7B5.0B
Non Currrent Assets Other432.1M366.7M475.8M665.5M720.5M756.5M
Cash And Short Term Investments108.3M308.6M367.3M143.7M208.5M120.2M
Net Receivables158.4M108.9M150.8M263.9M199.0M208.9M
Common Stock Shares Outstanding114.7M113.5M111.2M109.4M108.9M102.9M
Liabilities And Stockholders Equity9.8B9.2B9.8B10.6B10.2B5.3B
Non Current Liabilities Total12.4B13.4B14.5B15.1B14.0B14.6B
Other Current Assets32.6M55.5M110.0M154.7M57.3M49.9M
Other Stockholder Equity8.0B2.6B2.7B2.8B2.9B2.2B
Total Liab13.4B14.0B15.1B15.8B15.3B16.1B
Property Plant And Equipment Gross5.4B5.1B5.8B6.6B10.7B11.2B
Total Current Assets334.3M473.0M614.4M482.7M484.3M269.6M
Accumulated Other Comprehensive Income(568.8M)(807.6M)(762.3M)(590.5M)(615.2M)(584.4M)
Short Term Debt769.1M260.0M501.0M548.7M1.2B1.2B
Intangible Assets3.6B3.2B2.8B2.8B2.5B2.0B
Common Stock1.1M1.1M1.1M1.1M1.2M1.3M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.2M1.1M
Other Liab180.6M186.2M191.5M248.1M285.3M163.3M
Other Assets384.5M2.9B575.6M498.8M573.6M404.6M
Long Term Debt9.8B11.1B12.3B12.8B11.7B6.0B
Property Plant Equipment2.8B2.7B5.8B2.7B3.1B2.2B
Current Deferred Revenue113.5M113.1M184.4M154.6M325K308.8K
Inventory34.9M44.4M80.0M42.0M1.00.95
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 Total9.8B11.1B12.3B12.8B14.8B9.2B
Capital Surpluse2.5B2.6B2.7B2.8B3.2B2.6B
Deferred Long Term Liab4.9M4.8M6.3M7.7M7.0M6.6M
Non Current Liabilities Other2.6B2.3B191.5M248.1M404.2M662.6M

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
6.33
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.