SBA Current Ratio from 2010 to 2024

SBAC Stock  USD 219.43  0.00  0.00%   
SBA Communications' Current Ratio is decreasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 0.34. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.35522744
Current Value
0.34
Quarterly Volatility
0.32944129
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SBA Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SBA Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 515 M, Interest Expense of 229.9 M or Selling General Administrative of 284.6 M, as well as many indicators such as Price To Sales Ratio of 6.18, Dividend Yield of 0.0142 or Days Sales Outstanding of 44.26. SBA financial statements analysis is a perfect complement when working with SBA Communications Valuation or Volatility modules.
  
Check out the analysis of SBA Communications Correlation against competitors.

Latest SBA Communications' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of SBA Communications Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. SBA Communications' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SBA Communications' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.38 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

SBA Current Ratio Regression Statistics

Arithmetic Mean0.68
Geometric Mean0.61
Coefficient Of Variation48.12
Mean Deviation0.29
Median0.69
Standard Deviation0.33
Sample Variance0.11
Range0.9049
R-Value(0.43)
Mean Square Error0.1
R-Squared0.18
Significance0.11
Slope(0.03)
Total Sum of Squares1.52

SBA Current Ratio History

2024 0.34
2023 0.36
2022 0.69
2021 1.0
2020 0.77
2019 0.32
2018 0.31

About SBA Communications Financial Statements

SBA Communications stakeholders use historical fundamental indicators, such as SBA Communications' Current Ratio, to determine how well the company is positioned to perform in the future. Although SBA Communications investors may analyze each financial statement separately, they are all interrelated. For example, changes in SBA Communications' assets and liabilities are reflected in the revenues and expenses on SBA Communications' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SBA Communications Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.36  0.34 

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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 the analysis of SBA Communications Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
6.35
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.