SBA Long Term Investments vs Net Debt 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 Long Term Investments and its Net Debt 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.
Long Term Investments vs Net Debt
Long Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SBA Communications' Long Term Investments and Net Debt is -0.13. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt 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' Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of SBA Communications Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., SBA Communications' Long Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of SBA Communications balance sheet that represents investments SBA Communications Corp intends to hold for over a year. SBA Communications Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
Click cells to compare fundamentals
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 |
Also Currently Popular
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.