SBA COMMUNICATIONS CORPSBAC

Market cap

$21B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	64	47	233	122	39	118	146	69	143	108	309	367	144	209	190
Restricted cash	29	22	28	47	53	25	37	33	32	30	32	66	42	38	1,207
Accounts receivable, net	19	22	39	71	104	83	78	91	111	132	74	102	184	183	146
Costs and estimated earnings in excess of billings on uncompleted contracts	-	-	-	-	-	-	-	-	-	26	35	49	80	16	19
Prepaid Expense And Other Assets Current	-	-	-	70	95	50	52	50	63	37	24	31	33	39	417
Total current assets	147	129	369	344	327	294	325	260	374	334	473	614	483	484	1,979
Property and equipment, net	1,534	1,583	2,671	2,578	2,762	2,782	2,792	2,812	2,786	2,795	2,677	2,575	2,714	2,712	2,792
Intangible assets, net	-	-	-	-	-	-	-	3,598	3,331	3,627	3,156	2,803	2,776	2,456	2,389
Operating Lease, Right-of-Use Asset	-	-	-	-	-	-	-	-	-	2,568	2,369	2,268	2,382	2,241	2,292
Acquired and other right-of-use assets, net	-	-	-	-	-	-	-	-	-	-	-	964	1,508	1,474	1,308
Other assets	174	212	355	401	467	497	587	650	722	432	478	576	722	812	657
Total assets	3,400	3,606	6,596	6,783	7,841	7,403	7,361	7,320	7,214	9,760	9,158	9,802	10,585	10,178	11,417
Accounts payable	12	13	28	24	43	27	28	33	34	32	110	34	51	42	60
Accrued expenses	21	24	42	86	66	64	61	70	64	68	63	68	101	93	82
Long Term Debt Current	-	5	475	482	33	20	627	20	942	522	24	24	24	643	1,188
Deferred revenue	61	50	77	95	120	97	101	98	108	114	113	184	155	236	127
Accrued interest	32	32	46	47	53	53	45	49	49	49	54	49	54	57	62
Current lease liabilities	-	-	-	-	-	-	-	-	-	247	236	238	262	273	261
Other current liabilities	4	3	196	14	17	12	11	9	10	17	14	18	49	19	18
Total current liabilities	131	127	864	748	331	273	873	279	1,206	1,048	615	616	697	1,363	1,798
Long-term debt, net	2,827	3,349	4,881	5,395	7,828	8,522	8,148	9,291	8,997	9,812	11,072	12,279	12,844	11,681	12,404
Long-term lease liabilities	-	-	-	-	-	-	-	-	-	2,279	2,094	1,981	2,041	1,866	1,903
Other long-term liabilities	112	129	186	284	343	314	335	350	387	271	186	191	248	404	368
Total long-term liabilities	2,939	3,479	5,067	5,679	8,171	8,836	8,483	9,640	9,384	12,363	13,352	14,452	15,133	13,951	14,675
Redeemable noncontrolling interests	-	-	-	-	-	-	-	-	-	16	15	17	32	35	54
Common Stock Value	1	1	1	-	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital	2,243	2,268	3,111	2,907	2,063	1,963	2,011	2,167	2,270	2,461	2,586	2,681	2,795	2,894	2,975
Accumulated deficit	-1,930	-2,281	-2,462	-2,518	-2,542	-3,168	-3,637	-4,388	-5,136	-5,561	-6,604	-7,204	-7,482	-7,451	-7,326
Accumulated other comprehensive loss, net	2	0	3	-34	-182	-502	-370	-379	-512	-569	-808	-762	-591	-615	-760
Total shareholders' deficit	317	-11	653	357	-661	-1,706	-1,996	-2,599	-3,377	-3,667	-4,824	-5,283	-5,276	-5,171	-5,110
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	3,400	3,606	6,596	6,783	7,841	7,403	7,361	7,320	7,214	9,760	9,158	9,802	10,585	10,178	11,417