Debt-to-Equity Ratio

The debt-to-equity ratio measures how much a company relies on borrowed money versus shareholder funds to finance its operations.

A negative value of -2.73x means SBAC has negative shareholders' equity—its total liabilities exceed total assets—which is unusual and signals financial distress. Among Real Estate sector peers, the median ratio is 0.76x, and SBAC sits at the 0th percentile, meaning every peer has a less extreme ratio. The year-over-year change is not available, but quarter-over-quarter the ratio improved by +15.7%, moving from -3.24x to -2.73x, indicating the negative equity position is shrinking. While the trend is moving in a better direction, the absolute level remains deeply negative, implying high financial risk that could offset any operational improvements. This metric directly contradicts the overall NEUTRAL verdict, as a negative debt-to-equity ratio typically signals a company in need of restructuring or capital infusion.

Frequently Asked Questions

Closest Sector Peers