Shurgard Self Storage Balance Sheet Health
Financial Health criteria checks 3/6
Shurgard Self Storage has a total shareholder equity of €3.8B and total debt of €927.8M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €5.7B and €1.9B respectively. Shurgard Self Storage's EBIT is €211.9M making its interest coverage ratio 13.7. It has cash and short-term investments of €209.6M.
Key information
24.6%
Debt to equity ratio
€927.80m
Debt
| Interest coverage ratio | 13.7x |
| Cash | €209.62m |
| Equity | €3.77b |
| Total liabilities | €1.92b |
| Total assets | €5.69b |
Recent financial health updates
No updates
Recent updates
Is It Time To Consider Buying Shurgard Self Storage S.A. (EBR:SHUR)?
Oct 07
Is Shurgard Self Storage S.A.'s (EBR:SHUR) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 03Shurgard Self Storage's (EBR:SHUR) Earnings Are Growing But Is There More To The Story?
Jan 12
Are Institutions Heavily Invested In Shurgard Self Storage S.A.'s (EBR:SHUR) Shares?
Dec 16Is Now An Opportune Moment To Examine Shurgard Self Storage S.A. (EBR:SHUR)?
Nov 25Introducing Shurgard Self Storage (EBR:SHUR), A Stock That Climbed 26% In The Last Year
Aug 31Are Institutions Heavily Invested In Shurgard Self Storage S.A.'s (EBR:SHUR) Shares?
Aug 12Does Shurgard Self Storage S.A. (EBR:SHUR) Have A Place In Your Dividend Portfolio?
Jul 22Financial Position Analysis
Short Term Liabilities: SHUR's short term assets (€274.3M) do not cover its short term liabilities (€377.5M).
Long Term Liabilities: SHUR's short term assets (€274.3M) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: SHUR's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: SHUR's debt to equity ratio has reduced from 33% to 24.6% over the past 5 years.
Debt Coverage: SHUR's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: SHUR's interest payments on its debt are well covered by EBIT (13.7x coverage).