SBA Communications Corp
NASDAQ:SBAC
Balance Sheet
Balance Sheet Decomposition
SBA Communications Corp
SBA Communications Corp
Balance Sheet
SBA Communications Corp
| Dec-2001 | Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
14
|
61
|
8
|
70
|
46
|
46
|
70
|
79
|
161
|
64
|
47
|
233
|
122
|
39
|
118
|
146
|
69
|
143
|
108
|
309
|
367
|
144
|
209
|
190
|
|
| Cash Equivalents |
14
|
61
|
8
|
70
|
46
|
46
|
70
|
79
|
161
|
64
|
47
|
233
|
122
|
39
|
118
|
146
|
69
|
143
|
108
|
309
|
367
|
144
|
209
|
190
|
|
| Short-Term Investments |
0
|
0
|
15
|
0
|
20
|
0
|
55
|
0
|
5
|
4
|
6
|
5
|
5
|
6
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
255
|
|
| Total Receivables |
57
|
36
|
19
|
21
|
18
|
21
|
20
|
27
|
30
|
37
|
40
|
63
|
99
|
134
|
100
|
89
|
108
|
146
|
158
|
109
|
151
|
264
|
199
|
280
|
|
| Accounts Receivables |
57
|
36
|
19
|
21
|
18
|
21
|
20
|
27
|
30
|
37
|
40
|
63
|
99
|
134
|
100
|
89
|
108
|
135
|
158
|
109
|
151
|
264
|
199
|
165
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
0
|
0
|
115
|
|
| Other Current Assets |
21
|
218
|
27
|
25
|
49
|
61
|
68
|
49
|
40
|
41
|
36
|
88
|
117
|
148
|
75
|
89
|
83
|
84
|
68
|
56
|
96
|
74
|
76
|
1 254
|
|
| Total Current Assets |
92
|
315
|
70
|
116
|
132
|
128
|
213
|
154
|
237
|
147
|
129
|
389
|
344
|
327
|
294
|
325
|
260
|
374
|
334
|
473
|
614
|
483
|
484
|
1 979
|
|
| PP&E Net |
1 199
|
941
|
830
|
746
|
728
|
1 106
|
1 192
|
1 503
|
1 497
|
1 534
|
1 583
|
2 671
|
2 578
|
2 762
|
2 782
|
2 792
|
2 812
|
2 786
|
5 367
|
5 051
|
5 808
|
6 603
|
6 426
|
6 393
|
|
| PP&E Gross |
1 199
|
941
|
830
|
746
|
728
|
1 106
|
1 192
|
1 503
|
1 497
|
1 534
|
1 583
|
2 671
|
2 578
|
2 762
|
2 782
|
2 792
|
2 812
|
2 786
|
5 367
|
5 051
|
5 808
|
6 603
|
6 426
|
6 393
|
|
| Accumulated Depreciation |
128
|
180
|
285
|
369
|
442
|
538
|
649
|
776
|
915
|
1 065
|
1 226
|
1 438
|
1 672
|
1 947
|
2 194
|
2 440
|
2 679
|
2 924
|
3 191
|
3 447
|
3 704
|
3 971
|
4 248
|
4 280
|
|
| Intangible Assets |
6
|
4
|
2
|
1
|
31
|
725
|
869
|
1 425
|
1 436
|
1 500
|
1 640
|
3 134
|
3 387
|
4 190
|
3 735
|
3 657
|
3 598
|
3 331
|
3 627
|
3 156
|
2 803
|
2 776
|
2 456
|
2 389
|
|
| Goodwill |
81
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
64
|
116
|
179
|
230
|
268
|
303
|
0
|
371
|
339
|
328
|
386
|
429
|
563
|
477
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
50
|
50
|
53
|
53
|
44
|
8
|
8
|
0
|
0
|
0
|
58
|
48
|
41
|
25
|
21
|
|
| Other Long-Term Assets |
52
|
43
|
55
|
54
|
61
|
88
|
110
|
126
|
144
|
169
|
140
|
252
|
242
|
288
|
225
|
277
|
650
|
351
|
93
|
93
|
142
|
253
|
225
|
159
|
|
| Other Assets |
81
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Assets |
1 429
N/A
|
1 303
-9%
|
958
-26%
|
917
-4%
|
953
+4%
|
2 046
+115%
|
2 384
+17%
|
3 208
+35%
|
3 314
+3%
|
3 400
+3%
|
3 606
+6%
|
6 616
+83%
|
6 783
+3%
|
7 841
+16%
|
7 313
-7%
|
7 361
+1%
|
7 320
-1%
|
7 214
-1%
|
9 760
+35%
|
9 158
-6%
|
9 802
+7%
|
10 585
+8%
|
10 178
-4%
|
11 417
+12%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
56
|
17
|
11
|
15
|
17
|
10
|
11
|
9
|
9
|
12
|
13
|
28
|
24
|
43
|
27
|
28
|
33
|
34
|
32
|
110
|
34
|
51
|
42
|
60
|
|
| Accrued Liabilities |
35
|
37
|
38
|
19
|
19
|
22
|
24
|
27
|
64
|
54
|
56
|
88
|
133
|
119
|
117
|
106
|
119
|
100
|
348
|
346
|
347
|
408
|
415
|
389
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
60
|
12
|
3
|
0
|
0
|
0
|
6
|
29
|
0
|
5
|
475
|
482
|
33
|
20
|
627
|
20
|
942
|
523
|
25
|
26
|
26
|
645
|
1 189
|
|
| Other Current Liabilities |
20
|
20
|
15
|
14
|
15
|
27
|
40
|
48
|
57
|
65
|
53
|
272
|
109
|
137
|
109
|
112
|
107
|
130
|
145
|
133
|
210
|
211
|
261
|
160
|
|
| Total Current Liabilities |
112
|
134
|
76
|
51
|
52
|
58
|
76
|
91
|
159
|
131
|
127
|
864
|
748
|
331
|
273
|
873
|
279
|
1 206
|
1 048
|
615
|
616
|
697
|
1 363
|
1 798
|
|
| Long-Term Debt |
845
|
964
|
859
|
924
|
784
|
1 555
|
1 905
|
2 386
|
2 460
|
2 827
|
3 362
|
4 892
|
5 395
|
7 828
|
8 432
|
8 148
|
9 291
|
8 997
|
9 815
|
11 074
|
12 281
|
12 847
|
11 684
|
12 406
|
|
| Deferred Income Tax |
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
85
|
|
| Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
15
|
17
|
32
|
35
|
54
|
|
| Other Liabilities |
3
|
2
|
25
|
30
|
35
|
47
|
66
|
80
|
95
|
112
|
129
|
207
|
284
|
343
|
314
|
335
|
350
|
387
|
2 548
|
2 279
|
2 171
|
2 286
|
2 267
|
2 184
|
|
| Total Liabilities |
978
N/A
|
1 100
+12%
|
960
-13%
|
1 006
+5%
|
871
-13%
|
1 660
+91%
|
2 047
+23%
|
2 557
+25%
|
2 715
+6%
|
3 083
+14%
|
3 618
+17%
|
5 963
+65%
|
6 426
+8%
|
8 502
+32%
|
9 019
+6%
|
9 357
+4%
|
9 919
+6%
|
10 591
+7%
|
13 427
+27%
|
13 982
+4%
|
15 085
+8%
|
15 861
+5%
|
15 349
-3%
|
16 527
+8%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Retained Earnings |
215
|
464
|
682
|
829
|
924
|
1 065
|
1 234
|
1 435
|
1 628
|
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
|
|
| Additional Paid In Capital |
665
|
667
|
680
|
740
|
990
|
1 451
|
1 572
|
2 086
|
2 228
|
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
|
|
| Other Equity |
0
|
0
|
0
|
0
|
14
|
1
|
1
|
2
|
3
|
2
|
0
|
3
|
34
|
182
|
502
|
370
|
379
|
512
|
569
|
808
|
762
|
591
|
615
|
760
|
|
| Total Equity |
451
N/A
|
203
-55%
|
2
N/A
|
89
-4 350%
|
81
N/A
|
386
+377%
|
337
-13%
|
651
+93%
|
599
-8%
|
317
-47%
|
11
N/A
|
653
N/A
|
357
-45%
|
661
N/A
|
1 706
-158%
|
1 996
-17%
|
2 599
-30%
|
3 377
-30%
|
3 667
-9%
|
4 824
-32%
|
5 283
-10%
|
5 276
+0%
|
5 171
+2%
|
5 110
+1%
|
|
| Total Liabilities & Equity |
1 429
N/A
|
1 303
-9%
|
958
-26%
|
917
-4%
|
953
+4%
|
2 046
+115%
|
2 384
+17%
|
3 208
+35%
|
3 314
+3%
|
3 400
+3%
|
3 606
+6%
|
6 616
+83%
|
6 783
+3%
|
7 841
+16%
|
7 313
-7%
|
7 361
+1%
|
7 320
-1%
|
7 214
-1%
|
9 760
+35%
|
9 158
-6%
|
9 802
+7%
|
10 585
+8%
|
10 178
-4%
|
11 417
+12%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
49
|
51
|
55
|
65
|
86
|
106
|
108
|
118
|
117
|
115
|
110
|
127
|
128
|
129
|
126
|
121
|
116
|
112
|
112
|
110
|
109
|
108
|
108
|
108
|
|