National Storage Affiliates Trust Balance Sheet Health
Financial Health criteria checks 0/6
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 185.2%. Its total assets and total liabilities are $5.3B and $3.5B respectively. National Storage Affiliates Trust's EBIT is $315.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $93.4M.
Key information
185.2%
Debt to equity ratio
US$3.37b
Debt
Interest coverage ratio | 1.9x |
Cash | US$93.41m |
Equity | US$1.82b |
Total liabilities | US$3.50b |
Total assets | US$5.32b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NSA.PRB's short term assets ($138.8M) do not cover its short term liabilities ($418.0M).
Long Term Liabilities: NSA.PRB's short term assets ($138.8M) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: NSA.PRB's net debt to equity ratio (180.1%) is considered high.
Reducing Debt: NSA.PRB's debt to equity ratio has increased from 98.1% to 185.2% over the past 5 years.
Debt Coverage: NSA.PRB's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: NSA.PRB's interest payments on its debt are not well covered by EBIT (1.9x coverage).