SBA Communications

SBAC Data Centers & REITs 7/10 High Risk
7/10
Sector avg: 5.2/10

SBA Communications carries $12.9B in long-term debt, with $9.9B in scheduled principal maturities. Notably, the entire $9.9B maturity schedule falls within five years, creating a concentrated refinancing window. SBAC shows cash covering only 0.1x of $1.9B in near-term maturities. DebtCanary scores SBAC at 7/10, signaling elevated refinancing risk that warrants close monitoring.

Maturity Schedule

Year 1 $1.9B Year 2 $3.0B Year 3 $1.5B Year 4 $3.4B Year 5 $23M Beyond 5 $0
Period Amount Due % of Total
Year 1 (0-12 months) $1.9B 19.5%
Year 2 (12-24 months) $3.0B 30.6%
Year 3 (24-36 months) $1.5B 14.8%
Year 4 (36-48 months) $3.4B 34.8%
Year 5 (48-60 months) $23M 0.2%
Beyond 5 Years N/A N/A
Total Scheduled Maturities $9.9B 100.0%

Key Metrics

Total Long-Term Debt
$12.9B
Near-Term (12mo)
$1.9B
Interest Coverage
N/A
Debt/Equity
N/A
Cash Coverage
0.14x
Operating Income
$1.3B

Score Components

Component Value Weight
Near-Term Maturity Concentration 19.5% 30%
Interest Coverage Ratio N/A 25%
Debt-to-Equity Ratio N/A 25%
Cash Coverage of Near-Term Debt 0.14x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-02-27. Data last fetched: 2026-03-29. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for SBA Communications →