SBA Communications Corp (SBAC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SBA Communications Corp (SBAC) has a cash flow conversion efficiency ratio of -0.065x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($318.03 Million) by net assets ($-4.86 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SBA Communications Corp - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how SBA Communications Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read SBA Communications Corp debt and liabilities for a breakdown of total debt and financial obligations.
SBA Communications Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SBA Communications Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coca-Cola Femsa SAB de CV ADR
NYSE:KOF
|
0.076x |
|
Charter Communications Inc
NASDAQ:CHTR
|
0.183x |
|
United Therapeutics Corporation
NASDAQ:UTHR
|
0.085x |
|
Northern Star Resources Ltd
AU:NST
|
0.114x |
|
Credo Technology Group Holding Ltd
NASDAQ:CRDO
|
0.090x |
|
Carpenter Technology Corporation
NYSE:CRS
|
0.067x |
|
Naver Corporation
KO:035420
|
0.036x |
|
AerCap Holdings N.V
F:R1D
|
0.083x |
Annual Cash Flow Conversion Efficiency for SBA Communications Corp (1998–2024)
The table below shows the annual cash flow conversion efficiency of SBA Communications Corp from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see market value of SBA Communications Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-5.06 Billion | $1.33 Billion | -0.264x | +12.20% |
| 2023-12-31 | $-5.14 Billion | $1.54 Billion | -0.301x | -19.69% |
| 2022-12-31 | $-5.24 Billion | $1.32 Billion | -0.251x | -11.20% |
| 2021-12-31 | $-5.27 Billion | $1.19 Billion | -0.226x | +3.50% |
| 2020-12-31 | $-4.81 Billion | $1.13 Billion | -0.234x | +13.20% |
| 2019-12-31 | $-3.65 Billion | $984.89 Million | -0.270x | -6.90% |
| 2018-12-31 | $-3.38 Billion | $852.14 Million | -0.252x | +19.98% |
| 2017-12-31 | $-2.60 Billion | $819.61 Million | -0.315x | +13.67% |
| 2016-12-31 | $-2.00 Billion | $729.03 Million | -0.365x | +15.46% |
| 2015-12-31 | $-1.71 Billion | $737.17 Million | -0.432x | +58.30% |
| 2014-12-31 | $-660.80 Million | $684.66 Million | -1.036x | -174.45% |
| 2013-12-31 | $356.97 Million | $496.81 Million | 1.392x | +169.55% |
| 2012-12-31 | $664.70 Million | $343.21 Million | 0.516x | -99.84% |
| 2011-12-31 | $751.00K | $249.06 Million | 331.635x | +54327.53% |
| 2010-12-31 | $330.13 Million | $201.16 Million | 0.609x | +64.25% |
| 2009-12-31 | $599.95 Million | $222.56 Million | 0.371x | +5.02% |
| 2008-12-31 | $491.76 Million | $173.70 Million | 0.353x | -3.06% |
| 2007-12-31 | $337.39 Million | $122.93 Million | 0.364x | +85.12% |
| 2006-12-31 | $385.92 Million | $75.96 Million | 0.197x | -67.79% |
| 2005-12-31 | $81.43 Million | $49.77 Million | 0.611x | +481.20% |
| 2004-12-31 | $-88.67 Million | $14.22 Million | -0.160x | +76.40% |
| 2003-12-31 | $43.88 Million | $-29.81 Million | -0.679x | -8208.22% |
| 2002-12-31 | $185.47 Million | $1.55 Million | 0.008x | -70.96% |
| 2001-12-31 | $450.64 Million | $13.00 Million | 0.029x | -67.33% |
| 2000-12-31 | $538.16 Million | $47.52 Million | 0.088x | -81.42% |
| 1999-12-31 | $48.60 Million | $23.10 Million | 0.475x | -52.47% |
| 1998-12-31 | $7.50 Million | $7.50 Million | 1.000x | -- |
About SBA Communications Corp
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 44,500 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one … Read more