SBAC: the balance sheet

MyFinsight

For the year ending 2025-12-31, SBAC has $11,575,012K in assets. $264,568K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
28.88%
Quick Ratio
28.88%
Cash Ratio
9.88%
Unit: Thousand (K) dollars
Assets Breakdown
Operating lease right-of-use ass...
Acquired and other right-of-use ...
Cash and cash equivalents
Others
Liabilities Breakdown
Long-term debt, net
Accumulated deficit
Additional paid-in capital
Others

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	264,568	189,841	208,547	143,708
Restricted cash	167,804	1,206,653	38,129	41,959
Accounts receivable, net	171,256	145,695	182,746	184,368
Costs and estimated earnings in excess of billings on uncompleted contracts	28,152	19,198	16,252	79,549
Prepaid expenses and other current assets	141,651	417,333	38,593	33,149
Total current assets	773,431	1,978,720	484,267	482,733
Property and equipment, net	3,401,799	2,792,084	2,711,719	2,713,727
Intangible assets, net	2,882,117	2,388,707	2,455,597	2,776,472
Operating lease right-of-use assets, net	2,540,229	2,292,459	2,240,781	2,381,955
Acquired and other right-of-use assets, net	1,325,443	1,308,269	1,473,601	1,507,781
Other assets	651,993	657,097	812,476	722,373
Total assets	11,575,012	11,417,336	10,178,441	10,585,041

Accounts payable	73,034	59,549	42,202	51,427
Accrued expenses	93,502	81,977	92,622	101,484
Current maturities of long-term debt	1,935,802	1,187,913	643,145	24,000
Deferred revenue	117,309	127,308	235,668	154,553
Accrued interest	65,036	62,239	57,496	54,173
Current lease liabilities	299,604	261,017	273,464	262,365
Other current liabilities	94,014	17,933	18,662	48,762
Total current liabilities	2,678,301	1,797,936	1,363,259	696,764
Long-term debt, net	10,964,466	12,403,825	11,681,170	12,844,162
Long-term lease liabilities	2,119,258	1,903,439	1,865,686	2,040,628
Other long-term liabilities	588,244	367,942	404,161	248,067
Total long-term liabilities	13,671,968	14,675,206	13,951,017	15,132,857
Redeemable noncontrolling interests	78,262	54,132	35,047	31,735
Common stock - class a, par value 0.01, 400,000 shares authorized, 105,666 shares and 107,561 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	1,057	1,076	1,080	1,080
Additional paid-in capital	3,059,427	2,975,455	2,894,060	2,795,176
Accumulated deficit	-7,249,905	-7,326,189	-7,450,824	-7,482,061
Accumulated other comprehensive loss, net	-664,098	-760,280	-615,198	-590,510
Total shareholders' deficit	-4,853,519	-5,109,938	-5,170,882	-5,276,315
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	11,575,012	11,417,336	10,178,441	10,585,041

Unit: Thousand (K) dollars (except for numbers of shares and EPS).

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio28.88%Quick Ratio28.88%Cash Ratio9.88%Unit: Thousand (K) dollarsAssets BreakdownOperating lease right-of-use ass...Acquired and other right-of-use ...Cash and cash equivalentsOthersLiabilities BreakdownLong-term debt, netAccumulated deficitAdditional paid-in capitalOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio28.88%Quick Ratio28.88%Cash Ratio9.88%Unit: Thousand (K) dollarsAssets BreakdownOperating lease right-of-use ass...Acquired and other right-of-use ...Cash and cash equivalentsOthersLiabilities BreakdownLong-term debt, netAccumulated deficitAdditional paid-in capitalOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets