SBA Total Current Liabilities vs Retained Earnings Analysis
SBAC Stock | USD 198.75 1.53 0.78% |
SBA Communications financial indicator trend analysis is much more than just breaking down SBA Communications Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBA Communications Corp is a good investment. Please check the relationship between SBA Communications Total Current Liabilities and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Liabilities vs Retained Earnings
Total Current Liabilities vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBA Communications Corp Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SBA Communications' Total Current Liabilities and Retained Earnings is -0.63. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SBA Communications Corp, assuming nothing else is changed. The correlation between historical values of SBA Communications' Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of SBA Communications Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., SBA Communications' Total Current Liabilities and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on SBA Communications balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SBA Communications Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from SBA Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBA Communications Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, SBA Communications' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.13, whereas Discontinued Operations is forecasted to decline to about 1.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.8B | 2.0B | 1.4B | 788.1M | Total Revenue | 2.3B | 2.6B | 2.7B | 2.8B |
SBA Communications fundamental ratios Correlations
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SBA Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SBA Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 9.2B | 9.8B | 10.6B | 10.2B | 5.3B | |
Short Long Term Debt Total | 12.9B | 13.4B | 14.5B | 15.2B | 14.5B | 15.2B | |
Other Current Liab | 133.8M | 131.7M | 135.4M | 204.4M | 163.2M | 87.7M | |
Total Current Liabilities | 1.0B | 614.8M | 616.3M | 696.8M | 1.4B | 1.4B | |
Total Stockholder Equity | (3.7B) | (4.8B) | (5.3B) | (5.3B) | (5.2B) | (4.9B) | |
Property Plant And Equipment Net | 5.4B | 5.1B | 5.8B | 6.6B | 2.2B | 2.5B | |
Net Debt | 12.8B | 13.1B | 14.2B | 15.0B | 14.2B | 14.9B | |
Retained Earnings | (5.6B) | (6.6B) | (7.2B) | (7.5B) | (7.5B) | (7.1B) | |
Accounts Payable | 31.8M | 110.0M | 34.1M | 51.4M | 42.2M | 39.8M | |
Cash | 108.3M | 308.6M | 367.3M | 143.7M | 246.7M | 259.0M | |
Non Current Assets Total | 9.4B | 8.7B | 9.2B | 10.1B | 9.7B | 5.0B | |
Non Currrent Assets Other | 432.1M | 366.7M | 475.8M | 665.5M | 4.8B | 5.0B | |
Cash And Short Term Investments | 108.3M | 308.6M | 367.3M | 143.7M | 247.7M | 260.1M | |
Net Receivables | 158.4M | 108.9M | 150.8M | 263.9M | 748.1M | 785.5M | |
Common Stock Shares Outstanding | 114.7M | 113.5M | 111.2M | 109.4M | 108.9M | 102.9M | |
Liabilities And Stockholders Equity | 9.8B | 9.2B | 9.8B | 10.6B | 10.2B | 5.3B | |
Non Current Liabilities Total | 12.4B | 13.4B | 14.5B | 15.1B | 14.0B | 14.6B | |
Other Current Assets | 32.6M | 11.2M | 16.4M | 33.1M | (995.8M) | (946.0M) | |
Other Stockholder Equity | 2.5B | 2.6B | 2.7B | 2.8B | 2.9B | 2.0B | |
Total Liab | 13.4B | 14.0B | 15.1B | 15.8B | 15.3B | 16.1B | |
Property Plant And Equipment Gross | 5.4B | 5.1B | 5.8B | 6.6B | 10.7B | 11.2B | |
Total Current Assets | 334.3M | 473.0M | 614.4M | 482.7M | 484.3M | 269.6M | |
Accumulated Other Comprehensive Income | (568.8M) | (807.6M) | (762.3M) | (590.5M) | (615.2M) | (584.4M) | |
Short Term Debt | 769.1M | 260.0M | 262.5M | 286.4M | 916.6M | 962.4M | |
Intangible Assets | 3.6B | 3.2B | 2.8B | 2.8B | 2.5B | 2.0B | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.2M | 1.3M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.1M | 1.2M | 1.1M | |
Other Liab | 180.6M | 186.2M | 191.5M | 248.1M | 285.3M | 163.3M | |
Other Assets | 384.5M | 2.9B | 575.6M | 498.8M | 573.6M | 404.6M | |
Long Term Debt | 9.8B | 11.1B | 12.3B | 12.8B | 11.7B | 6.0B | |
Property Plant Equipment | 2.8B | 2.7B | 5.8B | 2.7B | 3.1B | 2.2B | |
Current Deferred Revenue | 113.5M | 113.1M | 184.4M | 154.6M | 241.3M | 253.3M | |
Inventory | 34.9M | 44.4M | 80.0M | 42.0M | 1.0 | 0.95 | |
Net Tangible Assets | (7.3B) | (8.0B) | (8.1B) | (8.0B) | (7.2B) | (7.6B) | |
Retained Earnings Total Equity | (5.6B) | (6.6B) | (7.2B) | (7.5B) | (6.7B) | (6.4B) | |
Long Term Debt Total | 9.8B | 11.1B | 12.3B | 12.8B | 14.8B | 9.2B | |
Capital Surpluse | 2.5B | 2.6B | 2.7B | 2.8B | 3.2B | 2.6B | |
Deferred Long Term Liab | 4.9M | 4.8M | 6.3M | 7.7M | 7.0M | 6.6M | |
Non Current Liabilities Other | 2.6B | 2.3B | 191.5M | 248.1M | 404.2M | 662.6M |
SBA Communications Investors Sentiment
The influence of SBA Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SBA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SBA Communications' public news can be used to forecast risks associated with an investment in SBA. The trend in average sentiment can be used to explain how an investor holding SBA can time the market purely based on public headlines and social activities around SBA Communications Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SBA Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SBA Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SBA Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SBA Communications.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SBA Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SBA Communications' short interest history, or implied volatility extrapolated from SBA Communications options trading.
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When determining whether SBA Communications Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBA Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sba Communications Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sba Communications Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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Is SBA Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.527 | Dividend Share 3.53 | Earnings Share 5.1 | Revenue Per Share 24.898 | Quarterly Revenue Growth (0.03) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.