National Storage Affiliates Trust Balance Sheet Health
Financial Health criteria checks 1/6
National Storage Affiliates Trust has a total shareholder equity of $2.1B and total debt of $3.7B, which brings its debt-to-equity ratio to 172.2%. Its total assets and total liabilities are $5.9B and $3.8B respectively. National Storage Affiliates Trust's EBIT is $342.1M making its interest coverage ratio 2.1. It has cash and short-term investments of $94.6M.
Key information
172.2%
Debt to equity ratio
US$3.66b
Debt
Interest coverage ratio | 2.1x |
Cash | US$94.59m |
Equity | US$2.13b |
Total liabilities | US$3.81b |
Total assets | US$5.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GC's short term assets ($704.3M) exceed its short term liabilities ($388.5M).
Long Term Liabilities: 4GC's short term assets ($704.3M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: 4GC's net debt to equity ratio (167.8%) is considered high.
Reducing Debt: 4GC's debt to equity ratio has increased from 91.1% to 172.2% over the past 5 years.
Debt Coverage: 4GC's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 4GC's interest payments on its debt are not well covered by EBIT (2.1x coverage).