The company's financial position remains vulnerable, highlighted by a deeply negative equity base of $1.0B and a substantial total debt load of $4.3B as of 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|
| Total Current Assets | 1.13B | 1.3B | 1.16B | 1.16B | 1.36B | 1.4B | 1.89B | 1.12B | 1.19B | 960.69M | 853.38M | 778.09M | 878.16M | 882.83M | 716.32M | 713.31M |
| Cash & Short-Term Investments | 665.21M | 791.55M | 725.03M | 700.18M | 849.19M | 978.35M | 1.5B | 436.18M | 509.26M | 361.38M | 364.11M | 321.13M | 155.68M | 308.24M | 126.69M | 58.35M |
| Cash Only | 664.6M | 791.55M | 724.48M | 648.21M | 794.89M | 978.35M | 1.5B | 436.18M | 509.26M | 361.38M | 364.11M | 321.13M | 155.68M | 308.24M | 126.69M | 58.35M |
| Short-Term Investments | 606K | 0 | 555K | 51.97M | 54.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 371.12M | 311.87M | 364.68M | 373.44M | 380.54M | 293.06M | 286.25M | 585.91M | 508.12M | 526.11M | 400.67M | 375.79M | 392.8M | 436.07M | 417.24M | 485.15M |
| Days Sales Outstanding | 45.03 | 41.08 | 43.94 | 46.88 | 54.75 | 63.34 | 78.32 | 53.8 | 47.96 | 53.36 | 43.35 | 46.32 | 54.49 | 52.19 | 50.11 | 62 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.67M | 69.65M | 0 | 0 | 295.56M | 57.41M | 59.52M | 125.14M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | 10.11 | - | - | 61.91 | 11 | 13.27 | 26.31 |
| Other Current Assets | 97.48M | 192.61M | 34.72M | 42.11M | 37.42M | 59.7M | 24.96M | 22.5M | 86.52M | 3.55M | 27.06M | 34.99M | 328.96M | 127.33M | 124.38M | 125.14M |
| Total Non-Current Assets | 3.2B | 3.21B | 3.47B | 3.51B | 3.6B | 3.89B | 4.19B | 4.57B | 4.62B | 4.69B | 4.87B | 4.62B | 3.84B | 3.88B | 3.99B | 4.54B |
| Property, Plant & Equipment | 261.04M | 255.32M | 248.4M | 303.57M | 314.66M | 349.4M | 488.6M | 705.91M | 790.37M | 799.19M | 753.28M | 627.53M | 551.28M | 498.52M | 409.7M | 426.86M |
| Fixed Asset Turnover | 11.21x | 10.85x | 12.20x | 9.58x | 8.06x | 4.83x | 2.73x | 5.63x | 4.89x | 4.50x | 4.48x | 4.72x | 4.77x | 6.12x | 7.42x | 6.69x |
| Goodwill | 2.38B | 2.38B | 2.55B | 2.55B | 2.54B | 2.47B | 2.64B | 2.63B | 2.55B | 2.55B | 2.55B | 2.44B | 2.15B | 2.14B | 2.32B | 2.41B |
| Intangible Assets | 276.93M | 125.56M | 145.82M | 376.1M | 410.25M | 440.68M | 511.37M | 573.65M | 613.25M | 683.21M | 775.44M | 836.55M | 479.99M | 634.56M | 778.26M | 1.24B |
| Long-Term Investments | 116.56M | 23.08M | 22.47M | 22.34M | 22.4M | 22.67M | 24.27M | 27.49M | 27.77M | 27.53M | 25.58M | 24.35M | 145.32M | 132.08M | 131.74M | 166.39M |
| Other Non-Current Assets | 243.42M | 414.06M | 493.97M | 247.34M | 273.1M | 579.04M | 504.66M | 605.91M | 610.67M | 591.94M | 673.16M | 642.21M | 506.53M | 479.68M | 353.19M | 75.49M |
| Total Assets | 4.33B | 4.5B | 4.63B | 4.67B | 4.96B | 5.29B | 6.08B | 5.69B | 5.81B | 5.65B | 5.72B | 5.39B | 4.72B | 4.77B | 4.71B | 5.25B |
| Asset Turnover | 0.64x | 0.62x | 0.65x | 0.62x | 0.51x | 0.32x | 0.22x | 0.70x | 0.67x | 0.64x | 0.59x | 0.55x | 0.56x | 0.64x | 0.65x | 0.54x |
| Asset Growth % | -22.38% | -2.87% | -0.8% | -5.86% | -6.21% | -12.94% | 6.81% | -2.01% | 2.78% | -1.31% | 6.14% | 14.32% | -1% | 1.16% | -10.31% | - |
| Total Current Liabilities | 1.23B | 1.21B | 1.14B | 914.71M | 815.57M | 716.5M | 621.94M | 1.03B | 1.02B | 972.15M | 1.17B | 1B | 896.93M | 1.16B | 1.18B | 1.17B |
| Accounts Payable | 207.63M | 260.04M | 263.68M | 231.77M | 171.07M | 122.93M | 115.23M | 187.19M | 165.23M | 162.75M | 168.58M | 138.42M | 114.3M | 107.62M | 124.89M | 169.24M |
| Days Payables Outstanding | 60.46 | 78.64 | 45.38 | 38 | 29.22 | 25.72 | 24.23 | 22.69 | 21.6 | 23.63 | 26.9 | 25.99 | 23.94 | 20.62 | 27.84 | 35.58 |
| Short-Term Debt | 354.68M | 245.65M | 230.21M | 4.04M | 23.48M | 29.29M | 26.07M | 81.61M | 68.44M | 57.14M | 169.25M | 190.31M | 22.43M | 86.12M | 23.23M | 112.15M |
| Deferred Revenue (Current) | 224.9M | 58.41M | 72.11M | 108.26M | 66.5M | 81.06M | 99.47M | 84.66M | 80.9M | 110.53M | 187.11M | 195.14M | 244.63M | 388.8M | 510.33M | 353.63M |
| Other Current Liabilities | 524.83M | 634.22M | 575.77M | 135.62M | 122.02M | 157.07M | 86.83M | 166.28M | 590.97M | 258.18M | 323.38M | 221.98M | 346.1M | 452.42M | 542.45M | 489.25M |
| Current Ratio | 0.93x | 1.07x | 1.02x | 1.27x | 1.67x | 1.96x | 3.04x | 1.09x | 1.17x | 0.99x | 0.73x | 0.78x | 0.98x | 0.76x | 0.61x | 0.61x |
| Quick Ratio | 0.93x | 1.07x | 1.02x | 1.27x | 1.67x | 1.96x | 3.04x | 1.09x | 1.17x | 0.92x | 0.73x | 0.78x | 0.65x | 0.71x | 0.56x | 0.50x |
| Cash Conversion Cycle | -15.43 | - | - | - | - | - | - | - | - | 39.85 | - | - | 92.45 | 42.57 | 35.54 | 52.73 |
| Total Non-Current Liabilities | 4.12B | 4.31B | 5.08B | 5.12B | 5.02B | 5.07B | 5.17B | 3.72B | 3.81B | 3.98B | 3.93B | 3.91B | 3.74B | 3.72B | 3.81B | 3.71B |
| Long-Term Debt | 3.91B | 4.15B | 4.83B | 4.83B | 4.72B | 4.72B | 4.72B | 3.26B | 3.34B | 3.4B | 3.28B | 3.17B | 3.06B | 3.64B | 3.42B | 3.31B |
| Capital Lease Obligations | 45.39M | 45.39M | 52.62M | 56.28M | 68.07M | 79.37M | 97.4M | 49.97M | 0 | 21.23M | 0 | 0 | 0 | -202.59M | 0 | 0 |
| Deferred Tax Liabilities | 172.66M | 36.61M | 37.24M | 30.75M | 38.63M | 38.34M | 72.2M | 107.4M | 135.75M | 99.8M | 88.96M | 83.56M | 61.58M | 10.25M | 9.7M | 253.22M |
| Other Non-Current Liabilities | 83.2M | 43.52M | 103.75M | 143.79M | 155.95M | 187.41M | 213.28M | 222.91M | 264.81M | 359.91M | 490.1M | 656.09M | 554.42M | 17.79M | 384.05M | 151.34M |
| Total Liabilities | 5.35B | 5.53B | 6.23B | 6.03B | 5.84B | 5.79B | 5.79B | 4.74B | 4.83B | 4.95B | 5.1B | 4.91B | 4.63B | 4.88B | 4.99B | 4.89B |
| Total Debt | 4.27B | 4.45B | 5.12B | 4.89B | 4.81B | 4.83B | 4.84B | 3.39B | 3.41B | 3.46B | 3.45B | 3.36B | 3.08B | 3.2B | 3.44B | 3.42B |
| Net Debt | 3.6B | 3.66B | 4.39B | 4.24B | 4.01B | 3.85B | 3.34B | 2.96B | 2.9B | 3.09B | 3.08B | 3.04B | 2.93B | 2.9B | 3.32B | 3.36B |
| Debt / Equity | -4.21x | - | - | - | - | - | 16.98x | 3.58x | 3.50x | 4.95x | 5.51x | 6.94x | 36.55x | - | - | 9.33x |
| Debt / EBITDA | 8.84x | 9.75x | 12.31x | 24.97x | - | - | - | 4.36x | 3.49x | 3.86x | 3.94x | 4.14x | 4.34x | 6.62x | - | 8.12x |
| Net Debt / EBITDA | 7.46x | 8.02x | 10.57x | 21.66x | - | - | - | 3.80x | 2.97x | 3.46x | 3.53x | 3.75x | 4.12x | 5.98x | - | 7.98x |
| Interest Coverage | 1.54x | 0.79x | 0.45x | -0.10x | -0.43x | -2.64x | -4.78x | 2.28x | 3.54x | 3.45x | 3.07x | 3.04x | 1.54x | 0.62x | -2.48x | 0.88x |
| Total Equity | -1.01B | -1.02B | -1.59B | -1.36B | -872.83M | -499.72M | 285.15M | 947.67M | 974.27M | 698.5M | 625.62M | 484.14M | 84.38M | -112.74M | -278.74M | 366.64M |
| Equity Growth % | 87.31% | 35.64% | -16.92% | -55.98% | -74.66% | -275.24% | -69.91% | -2.73% | 39.48% | 11.65% | 29.22% | 473.74% | 174.85% | 59.55% | -176.03% | - |
| Book Value per Share | -2.55 | -2.62 | -4.15 | -3.93 | -2.67 | -1.56 | 0.98 | 3.43 | 3.51 | 2.51 | 2.21 | 1.73 | 0.34 | -0.44 | -1.57 | 2.08 |
| Total Shareholders' Equity | -1.04B | -1.05B | -1.62B | -1.39B | -884.33M | -508.91M | 278.13M | 939.08M | 967.07M | 693.3M | 623.04M | 482.7M | 83.76M | -113.25M | -278.82M | 385.33M |
| Common Stock | 4.28M | 4.27M | 4.15M | 4.06M | 3.53M | 3.46M | 3.39M | 2.94M | 2.92M | 2.89M | 2.85M | 2.79M | 2.68M | 2.57M | 1.78M | 1.77M |
| Retained Earnings | -3.79B | -3.8B | -4.33B | -4.05B | -3.51B | -3.05B | -2.1B | -763.48M | -768.57M | -1.05B | -1.14B | -1.33B | -1.78B | -1.83B | -1.65B | -1B |
| Treasury Stock | -537.3M | -537.2M | -526.79M | -520.12M | -514.22M | -498.14M | -474.79M | -468.62M | -377.98M | -341.85M | -221.75M | -110.55M | -5.3M | 0 | 0 | 0 |
| Accumulated OCI | -67.26M | -66.66M | -73.75M | -73.92M | -65.73M | -80.29M | -135.96M | -149.31M | -132.72M | -88.48M | -122.8M | -97.14M | -69.8M | -49.9M | -95.53M | -76.56M |
| Minority Interest | 26.46M | 26.57M | 27.3M | 27.04M | 11.5M | 9.19M | 7.03M | 8.59M | 7.21M | 5.2M | 2.58M | 1.44M | 621K | 508K | 88K | -18.69M |
Negative equity and leverage
According to the latest quarterly filings, Sabre's equity position has remained deeply negative, reaching -$1.0B in 2026Q1, which reflects a multi-year trend of capital erosion that suggests the company's historical operating losses continue to outpace its ability to generate meaningful retained earnings or shareholder value.
The persistent negative equity position indicates that the company's liabilities have structurally exceeded its assets for an extended period, a condition that typically limits financial flexibility. Investors should monitor whether this trajectory is a result of accounting adjustments or a fundamental inability to generate positive net income to rebuild the balance sheet.
As reported in financial statements, Sabre maintains a substantial debt load of $4.3B as of 2026Q1, a figure that remains high relative to the company's asset base and underscores the significant interest burden that continues to weigh on the firm's overall financial health and operational agility.
The reliance on debt to fund operations, particularly given the negative equity, suggests that the company is operating under a constrained capital structure. This leverage profile may limit management's ability to pivot toward new growth initiatives without further straining the balance sheet or risking liquidity issues.
Based on the 2026Q1 balance sheet, goodwill accounts for $2.4B of the $4.3B total assets, indicating that a significant portion of the company's valuation is tied to intangible assets rather than tangible property, plant, or equipment, which currently stands at a relatively modest $261.0M.
The high concentration of goodwill relative to total assets suggests that the company's book value is highly sensitive to potential impairment charges. This asset mix implies that the business model is heavily reliant on historical acquisitions, which may not reflect the current market value of its core technology assets.
Data from recent SEC filings shows a current ratio of 0.93 in 2026Q1, which indicates that the company's short-term assets may be insufficient to cover its immediate obligations, highlighting a precarious liquidity position that warrants close monitoring by investors concerned with near-term solvency risks.
The fluctuation in the current ratio, which has dipped below parity, suggests that working capital management is under significant pressure. This tight liquidity buffer leaves little room for operational errors or unexpected market downturns, potentially forcing the company to rely on external financing to meet its short-term commitments.
Quick answers to the most common questions about buying SABR stock.
As of 2025, Sabre Corporation (SABR) had total assets of $4.50B including $1.30B in current assets.
Sabre Corporation (SABR) carries total debt of $4.45B, offset by $791.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sabre Corporation (SABR) has total shareholders' equity (book value) of $-1051.0M ($-2.62 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sabre Corporation (SABR) reported a current ratio of 1.07x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.