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SBA Communications (BSP:S1BA34) Construction In Progress : R$619 Mil (As of Mar. 2024)


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What is SBA Communications Construction In Progress?

SBA Communications's quarterly construction in progress increased from Sep. 2023 (R$477 Mil) to Dec. 2023 (R$518 Mil) and increased from Dec. 2023 (R$518 Mil) to Mar. 2024 (R$619 Mil).

SBA Communications's annual construction in progress increased from Dec. 2021 (R$269 Mil) to Dec. 2022 (R$407 Mil) and increased from Dec. 2022 (R$407 Mil) to Dec. 2023 (R$518 Mil).


SBA Communications Construction In Progress Historical Data

The historical data trend for SBA Communications's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SBA Communications Construction In Progress Chart

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.09 195.83 268.98 406.85 517.55

SBA Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 436.68 447.45 477.36 517.55 619.02

SBA Communications Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


SBA Communications (BSP:S1BA34) Business Description

Traded in Other Exchanges
Address
8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company owns more than 17,000 towers in the U.S., which accounted for about three fourths of the company's total revenue in 2022. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust, or REIT.

SBA Communications (BSP:S1BA34) Headlines

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