SBACSBA Communications
Is it safe?
Nothing alarming, nothing pristine: insiders quiet, heavy debt (B), and typical volatility.
Insiders were net sellers (-$55K, 90 days to Oct 8, 2026), selling is often routine.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -56% · now 18% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can SBAC take a bad year?
SBA Communications carries $12.4B of net debt at 7.33× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.33×
Net debt / EBITDA · 7.23× a year ago · the load is going up
- Annualised volatility
- 31%
Annualised volatility · about as steady as the market itself
- Worst drawdown on file
- −56%
Worst drawdown on file · −18% today
Details›
- Total debtQ2 2026
- $12.7B
- Cash and short-term investments
- $356M
- Net debt
- $12.4B
- EBITDA, trailing twelve months
- $1.69B
- Operating profit, trailing twelve months
- $1.37B
- Total debt / EBITDA
- 7.54×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −56%
- Below its 52-week high
- 18%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Specialty
The closest names by size in the same industry