SBA Return On Assets from 2010 to 2024

SBAC Stock  USD 196.80  0.74  0.38%   
SBA Communications' Return On Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Assets are expected to go to 0.05 this year. Return On Assets is a profitability ratio that indicates the percentage of profit SBA Communications Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04930146
Current Value
0.0518
Quarterly Volatility
0.03719367
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 417.1 M, Interest Expense of 229.5 M or Selling General Administrative of 284.6 M, as well as many exotic indicators such as Price To Sales Ratio of 6.18, Dividend Yield of 0.0128 or Days Sales Outstanding of 106. SBA financial statements analysis is a perfect complement when working with SBA Communications Valuation or Volatility modules.
  
This module can also supplement SBA Communications' financial leverage analysis and stock options assessment as well as various SBA Communications Technical models . Check out the analysis of SBA Communications Correlation against competitors.

Latest SBA Communications' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of SBA Communications Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. SBA Communications' Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

SBA Return On Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0.02
Coefficient Of Variation2,038
Mean Deviation0.03
Median0.01
Standard Deviation0.04
Sample Variance0
Range0.1446
R-Value0.90
Mean Square Error0.0003
R-Squared0.81
Slope0.01
Total Sum of Squares0.02

SBA Return On Assets History

2024 0.0518
2023 0.0493
2022 0.0436
2021 0.0242
2020 0.002632
2019 0.0151
2018 0.006578

About SBA Communications Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SBA Communications income statement, its balance sheet, and the statement of cash flows. SBA Communications investors use historical funamental indicators, such as SBA Communications's Return On Assets, to determine how well the company is positioned to perform in the future. Although SBA Communications investors may use each financial statement separately, they are all related. The changes in SBA Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SBA Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SBA Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SBA Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.05 

Currently Active Assets on Macroaxis

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.
Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for SBA Stock analysis

When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is SBA Communications' industry 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
0.063
Dividend Share
3.4
Earnings Share
4.61
Revenue Per Share
25.06
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.