SBA Communications Corporation balance sheet
At the end of its fiscal year on Dec 31, 2025, SBA Communications Corporation reported total assets of $11.58B and shareholders' equity of −$4.85B. That works out to a current ratio of 0.29 (current assets ÷ current liabilities). Equity is negative, which typically reflects accumulated buybacks or losses exceeding contributed capital; see the filing for details.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $7.36B | $7.32B | $7.21B | $9.76B | $9.16B | $9.80B | $10.59B | $10.18B | $11.42B | $11.58B |
| Current assets | $324.57M | $259.53M | $373.85M | $334.27M | $472.99M | $614.45M | $482.73M | $484.27M | $1.98B | $773.43M |
| Cash & equivalents | $146.11M | $68.78M | $143.44M | $108.31M | $308.56M | $367.28M | $143.71M | $208.55M | $189.84M | $264.57M |
| Current liabilities | $873.45M | $278.90M | $1.21B | $1.05B | $614.80M | $616.33M | $696.76M | $1.36B | $1.80B | $2.68B |
| Long-term debt | $8.15B | $9.29B | $9.00B | $9.81B | $11.07B | $12.28B | $12.84B | $11.68B | $12.40B | $10.96B |
| Shareholders' equity | −$2.00B | −$2.60B | −$3.38B | −$3.67B | −$4.82B | −$5.28B | −$5.28B | −$5.17B | −$5.11B | −$4.85B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1034054 (raw data). Most recent filing in this dataset: 10-Q filed Aug 6, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.