National Storage Affiliates Trust Balance Sheet Health
Financial Health criteria checks 1/6
National Storage Affiliates Trust has a total shareholder equity of $1.8B and total debt of $3.4B, which brings its debt-to-equity ratio to 190.8%. Its total assets and total liabilities are $5.4B and $3.6B respectively. National Storage Affiliates Trust's EBIT is $299.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $83.0M.
Key information
190.8%
Debt to equity ratio
US$3.44b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$83.01m |
| Equity | US$1.80b |
| Total liabilities | US$3.59b |
| Total assets | US$5.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GC's short term assets ($131.1M) exceed its short term liabilities ($124.1M).
Long Term Liabilities: 4GC's short term assets ($131.1M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: 4GC's net debt to equity ratio (186.2%) is considered high.
Reducing Debt: 4GC's debt to equity ratio has increased from 105.3% to 190.8% over the past 5 years.
Debt Coverage: 4GC's debt is not well covered by operating cash flow (11%).
Interest Coverage: 4GC's interest payments on its debt are not well covered by EBIT (1.9x coverage).