SBA Communications Corp (SBAC) — Cash Flow-to-Debt Ratio
SBA Communications Corp (SBAC) has a Cash Flow-to-Debt Ratio of 0.02x as of June 2026, meaning its operating cash flow of $407.18 Million could theoretically repay 0% of its total liabilities ($16.37 Billion) in one year. See SBA Communications Corp leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
SBA Communications Corp Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for SBA Communications Corp across 28 annual periods. For the full cash flow conversion analysis, see SBA Communications Corp operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for SBA Communications Corp (1998–2025)
Year-by-year debt coverage analysis for SBA Communications Corp. Check SBAC cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $1.29 Billion | $16.35 Billion | ▼ -2.5% |
| 2024 | 0.08x | $1.33 Billion | $16.47 Billion | ▼ -19.6% |
| 2023 | 0.10x | $1.54 Billion | $15.31 Billion | ▲ +21.1% |
| 2022 | 0.08x | $1.32 Billion | $15.83 Billion | ▲ +5.4% |
| 2021 | 0.08x | $1.19 Billion | $15.07 Billion | ▼ -2.1% |
| 2020 | 0.08x | $1.13 Billion | $13.97 Billion | ▲ +9.8% |
| 2019 | 0.07x | $984.89 Million | $13.41 Billion | ▼ -8.7% |
| 2018 | 0.08x | $852.14 Million | $10.59 Billion | ▼ -2.6% |
| 2017 | 0.08x | $819.61 Million | $9.92 Billion | ▲ +6.0% |
| 2016 | 0.08x | $729.03 Million | $9.36 Billion | ▼ -3.7% |
| 2015 | 0.08x | $737.17 Million | $9.11 Billion | ▲ +0.5% |
| 2014 | 0.08x | $684.66 Million | $8.50 Billion | ▲ +4.2% |
| 2013 | 0.08x | $496.81 Million | $6.43 Billion | ▲ +33.6% |
| 2012 | 0.06x | $343.21 Million | $5.93 Billion | ▼ -16.2% |
| 2011 | 0.07x | $249.06 Million | $3.61 Billion | ▲ +5.4% |
| 2010 | 0.07x | $201.16 Million | $3.07 Billion | ▼ -20.1% |
| 2009 | 0.08x | $222.56 Million | $2.71 Billion | ▲ +28.4% |
| 2008 | 0.06x | $173.70 Million | $2.72 Billion | ▲ +6.3% |
| 2007 | 0.06x | $122.93 Million | $2.05 Billion | ▲ +31.3% |
| 2006 | 0.05x | $75.96 Million | $1.66 Billion | ▼ -19.9% |
| 2005 | 0.06x | $49.77 Million | $871.11 Million | ▲ +304.3% |
| 2004 | 0.01x | $14.22 Million | $1.01 Billion | ▲ +144.5% |
| 2003 | -0.03x | $-29.81 Million | $939.11 Million | ▼ -2386.5% |
| 2002 | 0.00x | $1.55 Million | $1.12 Billion | ▼ -89.6% |
| 2001 | 0.01x | $13.00 Million | $978.37 Million | ▼ -88.5% |
| 2000 | 0.12x | $47.52 Million | $410.66 Million | ▲ +90.9% |
| 1999 | 0.06x | $23.10 Million | $381.20 Million | ▲ +67.3% |
| 1998 | 0.04x | $7.50 Million | $207.00 Million | — |