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SBA Communications Corporation (SBAC)
NASDAQ:SBAC
US Market
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SBA Communications (SBAC) Ratios

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SBA Communications Ratios

SBAC's free cash flow for Q2 2025 was $0.59. For the 2025 fiscal year, SBAC's free cash flow was decreased by $ and operating cash flow was $0.49. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.37 0.36 0.69 1.00 0.77
Quick Ratio
0.37 0.36 0.63 0.87 0.70
Cash Ratio
0.19 0.15 0.21 0.60 0.50
Solvency Ratio
0.08 0.08 0.13 0.11 0.10
Operating Cash Flow Ratio
0.90 1.13 1.89 1.93 1.83
Short-Term Operating Cash Flow Coverage
1.66 1.68 4.60 4.53 46.92
Net Current Asset Value
$ -15.12B$ -14.83B$ -15.35B$ -14.45B$ -13.49B
Leverage Ratios
Debt-to-Assets Ratio
1.38 1.42 1.43 1.48 1.47
Debt-to-Equity Ratio
-3.00 -2.80 -2.88 -2.75 -2.78
Debt-to-Capital Ratio
1.50 1.56 1.53 1.57 1.56
Long-Term Debt-to-Capital Ratio
1.73 1.79 1.70 1.76 1.77
Financial Leverage Ratio
-2.18 -1.97 -2.01 -1.86 -1.90
Debt Service Coverage Ratio
2.06 1.22 2.35 2.26 3.45
Interest Coverage Ratio
-245.72 2.12 2.31 1.96 1.15
Debt to Market Cap
0.53 0.46 0.43 0.29 0.35
Interest Debt Per Share
137.50 137.70 144.23 136.49 123.90
Net Debt to EBITDA
8.66 8.38 8.97 9.35 9.41
Profitability Margins
Gross Profit Margin
72.71%76.61%74.61%76.37%77.12%
EBIT Margin
50.84%36.32%35.15%28.26%18.00%
EBITDA Margin
61.59%62.73%63.64%65.57%66.95%
Operating Profit Margin
52.40%34.06%35.14%33.89%21.66%
Pretax Profit Margin
36.84%20.23%19.97%10.94%-0.85%
Net Profit Margin
32.25%18.51%17.52%10.29%1.16%
Continuous Operations Profit Margin
32.24%18.34%17.46%10.29%1.15%
Net Income Per EBT
87.53%91.49%87.75%94.08%-135.80%
EBT Per EBIT
70.31%59.38%56.82%32.28%-3.93%
Return on Assets (ROA)
8.16%4.93%4.36%2.42%0.26%
Return on Equity (ROE)
-17.40%-9.70%-8.75%-4.50%-0.50%
Return on Capital Employed (ROCE)
15.29%10.48%9.36%8.52%5.28%
Return on Invested Capital (ROIC)
12.41%8.37%7.75%7.60%-6.94%
Return on Tangible Assets
10.73%6.50%5.91%3.40%0.40%
Earnings Yield
3.73%1.83%1.52%0.56%0.08%
Efficiency Ratios
Receivables Turnover
14.37 13.63 9.98 15.31 19.13
Payables Turnover
12.22 15.03 13.00 16.01 4.33
Inventory Turnover
0.00 0.00 15.94 6.82 10.74
Fixed Asset Turnover
0.39 0.42 0.40 0.40 0.41
Asset Turnover
0.25 0.27 0.25 0.24 0.23
Working Capital Turnover Ratio
-4.14 -4.96 -24.39 -32.13 -4.87
Cash Conversion Cycle
-4.46 2.50 31.41 54.57 -31.18
Days of Sales Outstanding
25.40 26.79 36.58 23.84 19.08
Days of Inventory Outstanding
0.00 0.00 22.90 53.52 33.98
Days of Payables Outstanding
29.86 24.28 28.07 22.79 84.23
Operating Cycle
25.40 26.79 59.48 77.36 53.05
Cash Flow Ratios
Operating Cash Flow Per Share
11.93 14.27 12.21 10.88 10.10
Free Cash Flow Per Share
9.86 12.09 10.22 9.66 8.94
CapEx Per Share
2.07 2.19 1.99 1.22 1.15
Free Cash Flow to Operating Cash Flow
0.83 0.85 0.84 0.89 0.89
Dividend Paid and CapEx Coverage Ratio
1.90 2.55 2.53 3.07 3.35
Capital Expenditure Coverage Ratio
5.78 6.52 6.14 8.90 8.76
Operating Cash Flow Coverage Ratio
0.09 0.11 0.09 0.08 0.08
Operating Cash Flow to Sales Ratio
0.47 0.57 0.50 0.52 0.54
Free Cash Flow Yield
4.52%4.76%3.65%2.48%3.17%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
26.81 54.70 65.58 178.98 1.31K
Price-to-Sales (P/S) Ratio
8.62 10.12 11.49 18.42 15.11
Price-to-Book (P/B) Ratio
-4.77 -5.31 -5.74 -8.05 -6.52
Price-to-Free Cash Flow (P/FCF) Ratio
22.13 20.99 27.43 40.27 31.55
Price-to-Operating Cash Flow Ratio
18.34 17.77 22.97 35.74 27.94
Price-to-Earnings Growth (PEG) Ratio
3.51 6.31 0.68 0.20 -15.71
Price-to-Fair Value
-4.77 -5.31 -5.74 -8.05 -6.52
Enterprise Value Multiple
22.66 24.52 27.03 37.45 31.97
Enterprise Value
38.03B 41.71B 45.29B 56.69B 44.58B
EV to EBITDA
22.66 24.52 27.03 37.45 31.97
EV to Sales
13.96 15.38 17.20 24.55 21.40
EV to Free Cash Flow
35.82 31.89 41.05 53.67 44.70
EV to Operating Cash Flow
29.62 27.00 34.37 47.64 39.59
Tangible Book Value Per Share
-69.25 -70.16 -74.30 -73.81 -71.42
Shareholders’ Equity Per Share
-45.88 -47.79 -48.87 -48.33 -43.26
Tax and Other Ratios
Effective Tax Rate
0.10 0.09 0.13 0.06 2.35
Revenue Per Share
25.31 25.06 24.39 21.12 18.68
Net Income Per Share
8.16 4.64 4.27 2.17 0.22
Tax Burden
0.88 0.91 0.88 0.94 -1.36
Interest Burden
0.72 0.56 0.57 0.39 -0.05
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 >-0.01
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
0.03 0.03 0.04 0.04 0.03
Income Quality
1.42 3.08 2.87 5.01 46.83
Currency in USD
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