Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 131.53% is in line with its 5-year average of 142.07%, near the low end of its 5-year range (131.53%–148.16%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.57% below its 12-month average of 134.99%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
131.53%
DEBT TO ASSETS RATIO AVG TTM
134.99%
DEBT TO ASSETS RATIO AVG 3Y
139.59%
DEBT TO ASSETS RATIO AVG 5Y
142.07%
DEBT TO ASSETS RATIO AVG 10Y
135.61%
DEBT TO ASSETS RATIO AVG 15Y
121.66%
DEBT TO ASSETS RATIO AVG 20Y
111.27%
CURRENT VS TTM AVG
-2.57%
CURRENT VS 3Y AVG
-5.78%
CURRENT VS 5Y AVG
-7.42%
CURRENT VS 10Y AVG
-3.01%
CURRENT VS 15Y AVG
+8.11%
CURRENT VS 20Y AVG
+18.21%
SECTOR MEDIAN · REAL ESTATE
0.45%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+29128.19%
vs the sector median at left
SBA Communications Corporation
Market Cap
$18.41B
Debt to Assets Ratio
131.53%
TTM Avg
134.99%
3Y Avg
139.59%
5Y Avg
142.07%
Market Cap
$18.86B
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.69B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.60B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.78B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.58B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.35B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.04B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SBA Communications Corporation (SBAC) | $18.41B | 131.53% | 134.99% | 139.59% | 142.07% |
| Essex Property Trust, Inc. (ESS)vs › | $18.86B | 0.52% | N/A | N/A | N/A |
| Invitation Homes Inc. (INVH)vs › | $17.69B | 0.45% | N/A | N/A | N/A |
| Kimco Realty Corporation (KIM)vs › | $17.60B | 0.44% | N/A | N/A | N/A |
| Weyerhaeuser Company (WY)vs › | $17.26B | 0.34% | N/A | N/A | N/A |
| Host Hotels & Resorts, Inc. (HST)vs › | $16.78B | 0.43% | N/A | N/A | N/A |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.58B | 0.45% | N/A | N/A | N/A |
| Healthpeak Properties, Inc. (DOC)vs › | $15.35B | 0.51% | N/A | N/A | N/A |
| Regency Centers Corporation (REG)vs › | $15.04B | 0.46% | N/A | N/A | N/A |
| Sun Communities, Inc. (SUI)vs › | $15.01B | 0.15% | N/A | N/A | N/A |
Debt/Assets
131.5%
Debt/Equity
-3.16
Current Ratio
0.49
Interest Coverage
2.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 131.53% |
| 2025-12-31 | 132.35% |
| 2025-09-30 | 133.36% |
| 2025-06-30 | 137.52% |
| 2025-03-31 | 140.20% |
| 2024-12-31 | 138.00% |
| 2024-09-30 | 142.34% |
| 2024-06-30 | 146.10% |
| 2024-03-31 | 144.39% |
| 2023-12-31 | 142.10% |
| 2023-09-30 | 142.89% |
| 2023-06-30 | 140.40% |
| 2023-03-31 | 143.48% |
| 2022-12-31 | 143.33% |
| 2022-09-30 | 147.08% |
| 2022-06-30 | 147.67% |
| 2022-03-31 | 147.27% |
| 2021-12-31 | 148.16% |
| 2021-09-30 | 145.82% |
| 2021-06-30 | 142.97% |
| 2021-03-31 | 146.58% |
| 2020-12-31 | 146.61% |
| 2020-09-30 | 144.19% |
| 2020-06-30 | 137.62% |
| 2020-03-31 | 138.46% |
| 2019-12-31 | 131.77% |
| 2019-09-30 | 133.14% |
| 2019-06-30 | 131.18% |
| 2019-03-31 | 131.37% |
| 2018-12-31 | 137.77% |
| 2018-09-30 | 134.94% |
| 2018-06-30 | 133.07% |
| 2018-03-31 | 126.72% |
| 2017-12-31 | 127.19% |
| 2017-09-30 | 122.72% |
| 2017-06-30 | 118.74% |
| 2017-03-31 | 118.76% |
| 2016-12-31 | 119.22% |
| 2016-09-30 | 114.09% |
| 2016-06-30 | 114.07% |
| 2016-03-31 | 114.93% |
| 2015-12-31 | 114.17% |
| 2015-09-30 | 114.74% |
| 2015-06-30 | 106.51% |
| 2015-03-31 | 105.80% |
| 2014-12-31 | 100.25% |
| 2014-09-30 | 96.68% |
| 2014-06-30 | 90.67% |
| 2014-03-31 | 88.17% |
| 2013-12-31 | 86.63% |
| 2013-09-30 | 85.78% |
| 2013-06-30 | 87.00% |
| 2013-03-31 | 83.16% |
| 2012-12-31 | 81.21% |
| 2012-09-30 | 87.22% |
| 2012-06-30 | 83.64% |
| 2012-03-31 | 87.36% |
| 2011-12-31 | 93.01% |
| 2011-09-30 | 92.52% |
| 2011-06-30 | 90.02% |
| 2011-03-31 | 86.69% |
| 2010-12-31 | 83.16% |
| 2010-09-30 | 82.43% |
| 2010-06-30 | 81.76% |
| 2010-03-31 | 76.48% |
| 2009-12-31 | 75.12% |
| 2009-09-30 | 74.84% |
| 2009-06-30 | 73.40% |
| 2009-03-31 | 74.21% |
| 2008-12-31 | 74.49% |
| 2008-09-30 | 83.46% |
| 2008-06-30 | 89.82% |
| 2008-03-31 | 80.81% |
| 2007-12-31 | 79.90% |
| 2007-09-30 | 82.78% |
| 2007-06-30 | 84.54% |
| 2007-03-31 | 84.81% |
| 2006-12-31 | 75.99% |
| 2006-09-30 | 75.17% |
| 2006-06-30 | 74.92% |
| 2006-03-31 | 83.11% |
| 2005-12-31 | 82.35% |
| 2005-09-30 | 95.64% |
| 2005-06-30 | 96.84% |
| 2005-03-31 | 103.31% |
| 2004-12-31 | 101.14% |
| 2004-09-30 | 97.00% |
| 2004-06-30 | 95.54% |
| 2004-03-31 | 94.43% |
| 2003-12-31 | 88.58% |
| 2003-09-30 | 84.95% |
| 2003-06-30 | 82.50% |
| 2003-03-31 | 81.38% |
| 2002-12-31 | 78.49% |
| 2002-09-30 | 76.41% |
| 2002-06-30 | 72.57% |
