SBA Communications Corp (SBAC) — Net Asset Quality Index
SBA Communications Corp (SBAC) has a Net Asset Quality Index of -43.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.26 Billion minus total liabilities of $16.12 Billion yields net assets of $-4.86 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check SBAC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
SBA Communications Corp Net Asset Quality Index Over Time (1998–2024)
This chart shows how SBA Communications Corp's Net Asset Quality Index has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the index stands at -43.1%, representing net assets of $-4.86 Billion against total assets of $11.26 Billion USD. See SBA Communications Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for SBA Communications Corp (1998–2024)
The table below presents the year-by-year Net Asset Quality Index for SBA Communications Corp from 1998 to 2024, covering 27 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. For market capitalisation and the full company profile, see SBA Communications Corp (SBAC) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (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 | — |