SBA Communications Corp (SBAC) — Defensive Interval Ratio

Latest as of June 2026: 17 days

SBA Communications Corp (SBAC) has a Defensive Interval Ratio of 17 days as of June 2026. Defensive assets of $204.86 Million (cash $-, short-term investments $28.89 Million, receivables $175.98 Million) cover 17 days of daily cash needs of $11.88 Million/day.

Defensive Interval Ratio

17 days
Days of operational coverage

Defensive Assets

$204.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

$11.88 Million
Current Liabilities ÷ 365

Current Liabilities

$4.34 Billion
USD

SBA Communications Corp Defensive Interval Ratio (1998–2025)

This chart shows how SBA Communications Corp's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 17 days, meaning defensive assets of $204.86 Million can fund 17 days of operations without new revenue. For the complete balance sheet picture, see SBA Communications Corp total assets.

Annual Defensive Interval Ratio for SBA Communications Corp (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for SBA Communications Corp from 1998 to 2025, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of SBA Communications Corp to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 109 days $670.58 Million $6.12 Million/day $- $6.65 Million ▲ +0 days
2024 109 days $539.07 Million $4.93 Million/day $- $254.53 Million ▲ +55 days
2023 54 days $203.17 Million $3.73 Million/day $- $1.05 Million ▼ -85 days
2022 139 days $265.78 Million $1.91 Million/day $- $1.33 Million ▲ +49 days
2021 90 days $151.57 Million $1.69 Million/day $- $778.00K ▲ +25 days
2020 65 days $108.88 Million $1.68 Million/day $- $- ▲ +9 days
2019 55 days $158.44 Million $2.87 Million/day $- $- ▲ +11 days
2018 44 days $146.00 Million $3.30 Million/day $- $- ▼ -142 days
2017 186 days $141.98 Million $764.12K/day $- $32.92 Million ▲ +148 days
2016 37 days $89.69 Million $2.39 Million/day $- $223.00K ▼ -97 days
2015 135 days $100.97 Million $748.96K/day $- $706.00K ▼ -19 days
2014 154 days $139.90 Million $906.99K/day $- $5.55 Million ▲ +103 days
2013 51 days $104.65 Million $2.05 Million/day $- $5.45 Million ▲ +22 days
2012 29 days $68.21 Million $2.37 Million/day $- $5.47 Million ▼ -102 days
2011 131 days $45.53 Million $347.62K/day $- $5.77 Million ▲ +67 days
2010 64 days $22.80 Million $357.76K/day $- $4.02 Million ▲ +6 days
2009 57 days $25.00 Million $434.86K/day $- $5.35 Million ▼ -9 days
2008 67 days $16.51 Million $248.20K/day $- $162.00K ▼ -294 days
2007 361 days $75.33 Million $208.68K/day $- $55.14 Million ▼ -106 days
2006 467 days $74.59 Million $159.87K/day $- $34.40 Million ▲ +29 days
2005 437 days $62.49 Million $142.86K/day $- $19.78 Million ▲ +135 days
2004 302 days $42.21 Million $139.73K/day $- $2.02 Million ▲ +87 days
2003 215 days $44.84 Million $208.35K/day $- $15.20 Million ▲ +150 days
2002 65 days $46.72 Million $719.43K/day $- $- ▼ -117 days
2001 182 days $56.80 Million $311.51K/day $- $- ▼ -22 days
2000 204 days $61.29 Million $300.58K/day $- $- ▲ +53 days
1999 151 days $22.60 Million $149.59K/day $- $- ▲ +30 days
1998 121 days $12.50 Million $103.29K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)