SBA Communications (BSP:S1BA34) Cash And Cash Equivalents : R$1,197 Mil (As of Mar. 2024)

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What is SBA Communications Cash And Cash Equivalents?

SBA Communications's quarterly cash and cash equivalents increased from Sep. 2023 (R$941.05 Mil) to Dec. 2023 (R$1,021.84 Mil) and increased from Dec. 2023 (R$1,021.84 Mil) to Mar. 2024 (R$1,196.69 Mil).

SBA Communications's annual cash and cash equivalents declined from Dec. 2021 (R$2,076.92 Mil) to Dec. 2022 (R$753.81 Mil) but then increased from Dec. 2022 (R$753.81 Mil) to Dec. 2023 (R$1,021.84 Mil).

SBA Communications Cash And Cash Equivalents Historical Data

The historical data trend for SBA Communications's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SBA Communications Cash And Cash Equivalents Chart

SBA Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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444.55

1,587.45

2,076.92

753.81

1,021.84

SBA Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															795.73	869.63	941.05	1,021.84	1,196.69

SBA Communications Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

SBA Communications (BSP:S1BA34) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

SBA Communications Cash And Cash Equivalents Related Terms

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SBA Communications (BSP:S1BA34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SBA Communications Corp (BSP:S1BA34) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SBAC:USA 4SB:Germany

Address

8051 Congress Avenue, Boca Raton, FL, USA, 33487

Website

https://www.sbasite.com

SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company owns more than 17,000 towers in the U.S., which accounted for about three fourths of the company's total revenue in 2022. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust, or REIT.

SBA Communications (BSP:S1BA34) Headlines

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