Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 13

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 13
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 SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(in thousands, except par values)                  December 31, December 31,  2024 2023ASSETS     Current assets:      Cash and cash equivalents $ 189,841 $ 208,547Restricted cash   1,206,653   38,129Accounts receivable, net   145,695   182,746Costs and estimated earnings in excess of billings on uncompleted contracts   19,198   16,252Prepaid expenses and other current assets   417,333   38,593Total current assets   1,978,720   484,267Property and equipment, net   2,792,084   2,711,719Intangible assets, net   2,388,707   2,455,597Operating lease right-of-use assets, net   2,292,459   2,240,781Acquired and other right-of-use assets, net   1,308,269   1,473,601Other assets   657,097   812,476Total assets $ 11,417,336 $ 10,178,441LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS,      AND SHAREHOLDERS' DEFICIT      Current liabilities:      Accounts payable $ 59,549 $ 42,202Accrued expenses   81,977   92,622Current maturities of long-term debt   1,187,913   643,145Deferred revenue   127,308   235,668Accrued interest   62,239   57,496Current lease liabilities   261,017   273,464Other current liabilities   17,933   18,662Total current liabilities   1,797,936   1,363,259Long-term liabilities:      Long-term debt, net   12,403,825   11,681,170Long-term lease liabilities   1,903,439   1,865,686Other long-term liabilities   367,942   404,161Total long-term liabilities   14,675,206   13,951,017Redeemable noncontrolling interests   54,132   35,047Shareholders' deficit:      Preferred stock - par value $0.01, 30,000 shares