Sba Communications Corp Stock Current Ratio
| SBAC Stock | USD 196.06 0.11 0.06% |
SBA Communications Corp fundamentals help investors to digest information that contributes to SBA Communications' financial success or failures. It also enables traders to predict the movement of SBA Stock. The fundamental analysis module provides a way to measure SBA Communications' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SBA Communications stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.36 | 0.34 |
SBA | Current Ratio |
SBA Communications Corp Company Current Ratio Analysis
SBA Communications' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current SBA Communications Current Ratio | 0.38 X |
Most of SBA Communications' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SBA Communications Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SBA Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for SBA Communications is extremely important. It helps to project a fair market value of SBA Stock properly, considering its historical fundamentals such as Current Ratio. Since SBA Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SBA Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SBA Communications' interrelated accounts and indicators.
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SBA Current Ratio Historical Pattern
Today, most investors in SBA Communications Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SBA Communications' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SBA Communications current ratio as a starting point in their analysis.
SBA Communications Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, SBA Communications Corp has a Current Ratio of 0.38 times. This is 88.09% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The current ratio for all United States stocks is 82.41% higher than that of the company.
SBA Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SBA Communications' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SBA Communications could also be used in its relative valuation, which is a method of valuing SBA Communications by comparing valuation metrics of similar companies.SBA Communications is currently under evaluation in current ratio category among related companies.
SBA Communications ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SBA Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SBA Communications' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
SBA Fundamentals
| Return On Asset | 0.0647 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 35.47 B | ||||
| Shares Outstanding | 108.02 M | ||||
| Shares Owned By Insiders | 0.86 % | ||||
| Shares Owned By Institutions | 99.40 % | ||||
| Number Of Shares Shorted | 2.72 M | ||||
| Price To Earning | 79.43 X | ||||
| Price To Sales | 8.05 X | ||||
| Revenue | 2.71 B | ||||
| Gross Profit | 1.94 B | ||||
| EBITDA | 1.84 B | ||||
| Net Income | 501.81 M | ||||
| Cash And Equivalents | 201.21 M | ||||
| Cash Per Share | 1.86 X | ||||
| Total Debt | 14.46 B | ||||
| Debt To Equity | 16.46 % | ||||
| Current Ratio | 0.38 X | ||||
| Book Value Per Share | (47.86) X | ||||
| Cash Flow From Operations | 1.54 B | ||||
| Short Ratio | 2.52 X | ||||
| Earnings Per Share | 4.60 X | ||||
| Price To Earnings To Growth | 2.83 X | ||||
| Target Price | 263.29 | ||||
| Number Of Employees | 1.79 K | ||||
| Beta | 0.55 | ||||
| Market Capitalization | 21.17 B | ||||
| Total Asset | 10.18 B | ||||
| Retained Earnings | (7.45 B) | ||||
| Working Capital | (878.99 M) | ||||
| Current Asset | 858.2 M | ||||
| Current Liabilities | 738.77 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 10.18 B | ||||
| Last Dividend Paid | 3.4 |
About SBA Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SBA Communications Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SBA Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SBA Communications Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 SBA Communications Piotroski F Score and SBA Communications Altman Z Score analysis. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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.
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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 4.6 | 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.