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SBA Communications (BSP:S1BA34) Debt-to-Revenue : 5.49 (As of Mar. 2024)


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What is SBA Communications Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

SBA Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$10,337 Mil. SBA Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$61,535 Mil. SBA Communications's annualized Revenue for the quarter that ended in Mar. 2024 was R$13,104 Mil. SBA Communications's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 5.48.


SBA Communications Debt-to-Revenue Historical Data

The historical data trend for SBA Communications's Debt-to-Revenue 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 Debt-to-Revenue Chart

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.38 6.45 6.29 5.76 5.33

SBA Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.60 5.49 5.41 5.36 5.49

Competitive Comparison of SBA Communications's Debt-to-Revenue

For the REIT - Specialty subindustry, SBA Communications's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBA Communications's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SBA Communications's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where SBA Communications's Debt-to-Revenue falls into.



SBA Communications Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

SBA Communications's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4491.201 + 66376.885) / 13286.219
=5.33

SBA Communications's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10336.636 + 61534.547) / 13104.084
=5.48

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


SBA Communications Debt-to-Revenue Related Terms

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SBA Communications (BSP:S1BA34) Business Description

Traded in Other Exchanges
Address
8051 Congress Avenue, Boca Raton, FL, USA, 33487
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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