National Storage Affiliates Trust Balance Sheet Health
Financial Health criteria checks 0/6
National Storage Affiliates Trust has a total shareholder equity of $1.9B and total debt of $3.3B, which brings its debt-to-equity ratio to 168.7%. Its total assets and total liabilities are $5.4B and $3.4B respectively. National Storage Affiliates Trust's EBIT is $334.0M making its interest coverage ratio 2. It has cash and short-term investments of $101.5M.
Key information
168.7%
Debt to equity ratio
US$3.29b
Debt
Interest coverage ratio | 2x |
Cash | US$101.45m |
Equity | US$1.95b |
Total liabilities | US$3.42b |
Total assets | US$5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSA.PRA's short term assets ($153.2M) do not cover its short term liabilities ($251.9M).
Long Term Liabilities: NSA.PRA's short term assets ($153.2M) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: NSA.PRA's net debt to equity ratio (163.5%) is considered high.
Reducing Debt: NSA.PRA's debt to equity ratio has increased from 100.8% to 168.7% over the past 5 years.
Debt Coverage: NSA.PRA's debt is not well covered by operating cash flow (13%).
Interest Coverage: NSA.PRA's interest payments on its debt are not well covered by EBIT (2x coverage).