SBA Communications Corp (SBAC) - Total Assets
Based on the latest financial reports, SBA Communications Corp (SBAC) holds total assets worth $11.74 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SBA Communications Corp - Total Assets Trend (1998–2025)
This chart illustrates how SBA Communications Corp's total assets have evolved over time, based on quarterly financial data. Also see SBAC stock market capitalisation for the company's overall valuation and market capitalisation.
SBA Communications Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
SBA Communications Corp's total assets of $11.74 Billion consist of 9.5% current assets and 90.5% non-current assets. Review total liabilities of SBA Communications Corp to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $663.93 Million | 5.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.88 Billion | 24.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2025)
This chart illustrates how SBA Communications Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See SBA Communications Corp stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SBA Communications Corp's current assets represent 9.5% of total assets in 2025, a decrease from 21.4% in 1998.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2025, down from 12.5% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 3.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 24.9% of total assets.
SBA Communications Corp Competitors by Total Assets
Key competitors of SBA Communications Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shurgard Self Storage SA
BR:SHUR
|
Belgium | €7.28 Billion |
|
Waypoint REIT
AU:WPR
|
Australia | AU$2.88 Billion |
|
Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU
|
Belgium | €48.12 Million |
|
Arena REIT
AU:ARF
|
Australia | AU$2.02 Billion |
|
Charter Hall Social Infrastructure REIT
AU:CQE
|
Australia | AU$2.29 Billion |
|
Rural Funds Group
AU:RFF
|
Australia | AU$2.04 Billion |
|
Automotive Properties Real Estate Investment Trust
TO:APR-UN
|
Canada | CA$1.43 Billion |
|
Keystone Reit Ltd
TA:KSTN
|
Israel | ILA4.37 Billion |
SBA Communications Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.17 | 0.37 | 0.68 |
| Quick Ratio | 0.17 | 0.37 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.59 Billion | $-905.90 Million | $-188.24 Million |
SBA Communications Corp - Advanced Valuation Insights
This section examines the relationship between SBA Communications Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 91.04 |
| Latest Market Cap to Assets Ratio | 1.68 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | $11.58 Billion |
| Market Capitalization | $19.43 Billion USD |
Valuation Analysis
Above Book Valuation: The market values SBA Communications Corp's assets above their book value (1.68x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: SBA Communications Corp's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SBA Communications Corp (1998–2025)
The table below shows the annual total assets of SBA Communications Corp from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $11.58 Billion | +1.38% |
| 2024-12-31 | $11.42 Billion | +12.17% |
| 2023-12-31 | $10.18 Billion | -3.84% |
| 2022-12-31 | $10.59 Billion | +7.99% |
| 2021-12-31 | $9.80 Billion | +7.03% |
| 2020-12-31 | $9.16 Billion | -6.17% |
| 2019-12-31 | $9.76 Billion | +35.30% |
| 2018-12-31 | $7.21 Billion | -1.45% |
| 2017-12-31 | $7.32 Billion | -0.55% |
| 2016-12-31 | $7.36 Billion | -0.57% |
| 2015-12-31 | $7.40 Billion | -5.58% |
| 2014-12-31 | $7.84 Billion | +15.60% |
| 2013-12-31 | $6.78 Billion | +2.84% |
| 2012-12-31 | $6.60 Billion | +82.89% |
| 2011-12-31 | $3.61 Billion | +6.07% |
| 2010-12-31 | $3.40 Billion | +2.61% |
| 2009-12-31 | $3.31 Billion | +3.18% |
| 2008-12-31 | $3.21 Billion | +34.69% |
| 2007-12-31 | $2.38 Billion | +16.52% |
| 2006-12-31 | $2.05 Billion | +114.83% |
| 2005-12-31 | $952.54 Million | +3.85% |
| 2004-12-31 | $917.24 Million | -6.69% |
| 2003-12-31 | $982.98 Million | -24.67% |
| 2002-12-31 | $1.30 Billion | -8.68% |
| 2001-12-31 | $1.43 Billion | +50.61% |
| 2000-12-31 | $948.82 Million | +120.76% |
| 1999-12-31 | $429.80 Million | +100.37% |
| 1998-12-31 | $214.50 Million | -- |
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 and small cells. With a portfolio of more than 46,000 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 of the… Read more