SBA Communications Corp (SBAC) — Net Asset Quality Index

Latest as of June 2026: -39.4%

SBA Communications Corp (SBAC) has a Net Asset Quality Index of -39.4% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.74 Billion minus total liabilities of $16.37 Billion yields net assets of $-4.63 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read SBA Communications Corp total liabilities for a breakdown of total debt and financial obligations.

Quality Index

-39.4%
Equity / Total Assets

Net Assets

$-4.63 Billion
USD

Total Assets

$11.74 Billion
USD

Total Liabilities

$16.37 Billion
USD

SBA Communications Corp Net Asset Quality Index Over Time (1998–2025)

This chart shows how SBA Communications Corp's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the index stands at -39.4%, representing net assets of $-4.63 Billion against total assets of $11.74 Billion USD. For live market cap and overall valuation, see SBAC company net worth.

Annual Net Asset Quality Index for SBA Communications Corp (1998–2025)

The table below presents the year-by-year Net Asset Quality Index for SBA Communications Corp from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check SBA Communications Corp (SBAC) strategic investment index to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 -41.3% $-4.78 Billion $11.58 Billion $16.35 Billion ▲ +3.0 pp
2024 -44.3% $-5.06 Billion $11.42 Billion $16.47 Billion ▲ +6.2 pp
2023 -50.5% $-5.14 Billion $10.18 Billion $15.31 Billion ▼ -0.9 pp
2022 -49.5% $-5.24 Billion $10.59 Billion $15.83 Billion ▲ +4.2 pp
2021 -53.7% $-5.27 Billion $9.80 Billion $15.07 Billion ▼ -1.2 pp
2020 -52.5% $-4.81 Billion $9.16 Billion $13.97 Billion ▼ -15.1 pp
2019 -37.4% $-3.65 Billion $9.76 Billion $13.41 Billion ▲ +9.4 pp
2018 -46.8% $-3.38 Billion $7.21 Billion $10.59 Billion ▼ -11.3 pp
2017 -35.5% $-2.60 Billion $7.32 Billion $9.92 Billion ▼ -8.4 pp
2016 -27.1% $-2.00 Billion $7.36 Billion $9.36 Billion ▼ -4.1 pp
2015 -23.0% $-1.71 Billion $7.40 Billion $9.11 Billion ▼ -14.6 pp
2014 -8.4% $-660.80 Million $7.84 Billion $8.50 Billion ▼ -13.7 pp
2013 5.3% $356.97 Million $6.78 Billion $6.43 Billion ▼ -4.8 pp
2012 10.1% $664.70 Million $6.60 Billion $5.93 Billion ▲ +10.1 pp
2011 0.0% $751.00K $3.61 Billion $3.61 Billion ▼ -9.7 pp
2010 9.7% $330.13 Million $3.40 Billion $3.07 Billion ▼ -8.4 pp
2009 18.1% $599.95 Million $3.31 Billion $2.71 Billion ▲ +2.8 pp
2008 15.3% $491.76 Million $3.21 Billion $2.72 Billion ▲ +1.2 pp
2007 14.2% $337.39 Million $2.38 Billion $2.05 Billion ▼ -4.7 pp
2006 18.9% $385.92 Million $2.05 Billion $1.66 Billion ▲ +10.3 pp
2005 8.5% $81.43 Million $952.54 Million $871.11 Million ▲ +18.2 pp
2004 -9.7% $-88.67 Million $917.24 Million $1.01 Billion ▼ -14.1 pp
2003 4.5% $43.88 Million $982.98 Million $939.11 Million ▼ -9.7 pp
2002 14.2% $185.47 Million $1.30 Billion $1.12 Billion ▼ -17.3 pp
2001 31.5% $450.64 Million $1.43 Billion $978.37 Million ▼ -25.2 pp
2000 56.7% $538.16 Million $948.82 Million $410.66 Million ▲ +45.4 pp
1999 11.3% $48.60 Million $429.80 Million $381.20 Million ▲ +7.8 pp
1998 3.5% $7.50 Million $214.50 Million $207.00 Million
pp = percentage points