Global Self Storage Balance Sheet Health
Financial Health criteria checks 5/6
Global Self Storage has a total shareholder equity of $48.2M and total debt of $16.9M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $66.9M and $18.6M respectively. Global Self Storage's EBIT is $3.1M making its interest coverage ratio 5.4. It has cash and short-term investments of $7.0M.
Key information
35.0%
Debt to equity ratio
US$16.90m
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$6.97m |
| Equity | US$48.25m |
| Total liabilities | US$18.63m |
| Total assets | US$66.88m |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Global Self Storage (NASDAQ:SELF) On Your Watchlist?
Nov 17
Global Self Storage: Trading At A Steep Discount But Hold For Now
Oct 09Global Self Storage: Expect Attractive Performance To Continue
Jul 28Global Self Storage: Great Big Name For A Tiny Company
May 16Global Self Storage: Low Leverage, High Dividend, Questionable Performance
Feb 17Global Self Storage: A Small REIT To Consider
Nov 27Global Self Storage: An Interesting REIT To Keep An Eye On
Sep 15Commentary Regarding Recent Public Offering By Global Self Storage
Jun 30Global Self Storage (SELF) Investor Presentation - Slideshow
Jun 18The Compensation For Global Self Storage, Inc.'s (NASDAQ:SELF) CEO Looks Deserved And Here's Why
Jun 02Global Self Storage: A Reasonable Long-Term Prospect
May 05How Should Investors React To Global Self Storage's (NASDAQ:SELF) CEO Pay?
Dec 10
Global Self Storage declares $0.065 dividend
Dec 01Value Trap In Global Self Storage Shares
Nov 29The Inconspicuous Shareholder Wealth Generated By Global Self Storage In Q3
Nov 22Global Self Storage reports Q3 results
Nov 16Financial Position Analysis
Short Term Liabilities: SELF's short term assets ($7.8M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: SELF's short term assets ($7.8M) do not cover its long term liabilities ($16.9M).
Debt to Equity History and Analysis
Debt Level: SELF's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: SELF's debt to equity ratio has reduced from 51.8% to 35% over the past 5 years.
Debt Coverage: SELF's debt is well covered by operating cash flow (26.8%).
Interest Coverage: SELF's interest payments on its debt are well covered by EBIT (5.4x coverage).