SBA Other Stockholder Equity vs Net Debt Analysis

SBAC Stock  USD 196.23  1.70  0.86%   
SBA Communications financial indicator trend analysis is much more than just breaking down SBA Communications Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBA Communications Corp is a good investment. Please check the relationship between SBA Communications Other Stockholder Equity and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Other Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between SBA Communications' Other Stockholder Equity and Net Debt is 0.33. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of SBA Communications Corp, assuming nothing else is changed. The correlation between historical values of SBA Communications' Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of SBA Communications Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., SBA Communications' Other Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from SBA Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBA Communications Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At present, SBA Communications' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.13, whereas Discontinued Operations is forecasted to decline to about 1.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B2.0B1.4B788.1M
Total Revenue2.3B2.6B2.7B2.8B

SBA Communications fundamental ratios Correlations

0.810.730.44-0.650.810.81-0.760.370.491.00.130.490.250.670.81-0.070.540.810.50.880.290.690.720.660.56
0.810.430.63-0.930.741.0-0.970.340.660.80.520.650.630.41.0-0.470.331.00.840.760.490.350.560.390.38
0.730.430.4-0.20.540.43-0.390.430.40.730.030.410.10.60.430.040.550.440.270.70.250.620.590.650.42
0.440.630.4-0.530.210.63-0.630.130.530.430.690.530.710.280.58-0.640.290.640.740.460.970.190.420.360.29
-0.65-0.93-0.2-0.53-0.65-0.930.96-0.28-0.62-0.64-0.5-0.61-0.61-0.12-0.930.5-0.14-0.93-0.78-0.66-0.43-0.09-0.31-0.09-0.27
0.810.740.540.21-0.650.74-0.710.410.480.81-0.150.470.010.410.750.180.410.730.350.770.090.440.490.320.2
0.811.00.430.63-0.930.74-0.970.330.650.80.520.640.630.41.0-0.470.331.00.830.760.490.350.560.390.38
-0.76-0.97-0.39-0.630.96-0.71-0.97-0.37-0.7-0.75-0.54-0.69-0.64-0.33-0.970.51-0.39-0.97-0.84-0.76-0.51-0.21-0.53-0.32-0.32
0.370.340.430.13-0.280.410.33-0.370.530.360.00.530.020.250.34-0.010.390.330.220.440.00.190.320.25-0.04
0.490.660.40.53-0.620.480.65-0.70.530.470.391.00.420.210.64-0.40.350.660.620.760.410.070.350.240.01
1.00.80.730.43-0.640.810.8-0.750.360.470.130.470.250.670.81-0.060.540.80.50.870.290.70.720.660.57
0.130.520.030.69-0.5-0.150.52-0.540.00.390.130.390.980.020.49-0.980.080.530.870.150.63-0.180.190.140.08
0.490.650.410.53-0.610.470.64-0.690.531.00.470.390.410.220.64-0.40.360.650.620.760.410.080.360.250.01
0.250.630.10.71-0.610.010.63-0.640.020.420.250.980.410.040.61-0.960.10.640.930.260.63-0.140.220.150.09
0.670.40.60.28-0.120.410.4-0.330.250.210.670.020.220.040.410.110.740.410.170.50.180.880.960.980.69
0.811.00.430.58-0.930.751.0-0.970.340.640.810.490.640.610.41-0.440.331.00.820.760.440.360.570.390.39
-0.07-0.470.04-0.640.50.18-0.470.51-0.01-0.4-0.06-0.98-0.4-0.960.11-0.44-0.04-0.48-0.85-0.11-0.590.31-0.07-0.020.03
0.540.330.550.29-0.140.410.33-0.390.390.350.540.080.360.10.740.33-0.040.340.270.50.190.40.820.750.24
0.811.00.440.64-0.930.731.0-0.970.330.660.80.530.650.640.411.0-0.480.340.840.760.50.360.580.40.39
0.50.840.270.74-0.780.350.83-0.840.220.620.50.870.620.930.170.82-0.850.270.840.510.62-0.010.370.250.1
0.880.760.70.46-0.660.770.76-0.760.440.760.870.150.760.260.50.76-0.110.50.760.510.310.480.580.510.39
0.290.490.250.97-0.430.090.49-0.510.00.410.290.630.410.630.180.44-0.590.190.50.620.310.10.30.240.25
0.690.350.620.19-0.090.440.35-0.210.190.070.7-0.180.08-0.140.880.360.310.40.36-0.010.480.10.760.840.75
0.720.560.590.42-0.310.490.56-0.530.320.350.720.190.360.220.960.57-0.070.820.580.370.580.30.760.940.62
0.660.390.650.36-0.090.320.39-0.320.250.240.660.140.250.150.980.39-0.020.750.40.250.510.240.840.940.66
0.560.380.420.29-0.270.20.38-0.32-0.040.010.570.080.010.090.690.390.030.240.390.10.390.250.750.620.66
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SBA Communications Account Relationship Matchups

SBA Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B9.2B9.8B10.6B10.2B5.3B
Short Long Term Debt Total12.9B13.4B14.5B15.2B14.5B15.2B
Other Current Liab133.8M131.7M135.4M204.4M163.2M87.7M
Total Current Liabilities1.0B614.8M616.3M696.8M1.4B1.4B
Total Stockholder Equity(3.7B)(4.8B)(5.3B)(5.3B)(5.2B)(4.9B)
Property Plant And Equipment Net5.4B5.1B5.8B6.6B2.2B2.5B
Net Debt12.8B13.1B14.2B15.0B14.2B14.9B
Retained Earnings(5.6B)(6.6B)(7.2B)(7.5B)(7.5B)(7.1B)
Accounts Payable31.8M110.0M34.1M51.4M42.2M39.8M
Cash108.3M308.6M367.3M143.7M246.7M259.0M
Non Current Assets Total9.4B8.7B9.2B10.1B9.7B5.0B
Non Currrent Assets Other432.1M366.7M475.8M665.5M4.8B5.0B
Cash And Short Term Investments108.3M308.6M367.3M143.7M247.7M260.1M
Net Receivables158.4M108.9M150.8M263.9M748.1M785.5M
Common Stock Shares Outstanding114.7M113.5M111.2M109.4M108.9M102.9M
Liabilities And Stockholders Equity9.8B9.2B9.8B10.6B10.2B5.3B
Non Current Liabilities Total12.4B13.4B14.5B15.1B14.0B14.6B
Other Current Assets32.6M11.2M16.4M33.1M(995.8M)(946.0M)
Other Stockholder Equity2.5B2.6B2.7B2.8B2.9B2.0B
Total Liab13.4B14.0B15.1B15.8B15.3B16.1B
Property Plant And Equipment Gross5.4B5.1B5.8B6.6B10.7B11.2B
Total Current Assets334.3M473.0M614.4M482.7M484.3M269.6M
Accumulated Other Comprehensive Income(568.8M)(807.6M)(762.3M)(590.5M)(615.2M)(584.4M)
Short Term Debt769.1M260.0M262.5M286.4M916.6M962.4M
Intangible Assets3.6B3.2B2.8B2.8B2.5B2.0B
Common Stock1.1M1.1M1.1M1.1M1.2M1.3M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.2M1.1M
Other Liab180.6M186.2M191.5M248.1M285.3M163.3M
Other Assets384.5M2.9B575.6M498.8M573.6M404.6M
Long Term Debt9.8B11.1B12.3B12.8B11.7B6.0B
Property Plant Equipment2.8B2.7B5.8B2.7B3.1B2.2B
Current Deferred Revenue113.5M113.1M184.4M154.6M241.3M253.3M
Inventory34.9M44.4M80.0M42.0M1.00.95
Net Tangible Assets(7.3B)(8.0B)(8.1B)(8.0B)(7.2B)(7.6B)
Retained Earnings Total Equity(5.6B)(6.6B)(7.2B)(7.5B)(6.7B)(6.4B)
Long Term Debt Total9.8B11.1B12.3B12.8B14.8B9.2B
Capital Surpluse2.5B2.6B2.7B2.8B3.2B2.6B
Deferred Long Term Liab4.9M4.8M6.3M7.7M7.0M6.6M
Non Current Liabilities Other2.6B2.3B191.5M248.1M404.2M662.6M

SBA Communications Investors Sentiment

The influence of SBA Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SBA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SBA Communications' public news can be used to forecast risks associated with an investment in SBA. The trend in average sentiment can be used to explain how an investor holding SBA can time the market purely based on public headlines and social activities around SBA Communications Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SBA Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SBA Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SBA Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SBA Communications.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SBA Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SBA Communications' short interest history, or implied volatility extrapolated from SBA Communications options trading.

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 World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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
4.62
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.