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 $300.5M 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
National Storage Affiliates: A Sunbelt Star To Buy At The Right Price
Nov 20National Storage: No More Upside (Rating Downgrade)
Sep 06National Storage: Upside Remains After My Last Article
Jul 05National Storage Affiliates: Short-Term Pain, Long-Term Gain
Mar 26NSA: An Update On Higher-Yielding Self-Storage
Nov 19National Storage Affiliates: Buy This 7% Yielding Self-Storage REIT
Oct 17Unlocking Growth In National Storage Affiliates' Storage Landscape
Aug 11A Look At National Storage Affiliates
Jun 05National Storage: Looking Even Better With Undervaluation
May 28National Storage Affiliates declares $0.55 dividend
Feb 22National Storage Affiliates declares $0.55 dividend
Nov 10National Storage Affiliates reports Q3 results
Nov 02Financial Position Analysis
Short Term Liabilities: NSA's short term assets ($131.1M) exceed its short term liabilities ($124.1M).
Long Term Liabilities: NSA's short term assets ($131.1M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: NSA's net debt to equity ratio (186.2%) is considered high.
Reducing Debt: NSA's debt to equity ratio has increased from 105.3% to 190.8% over the past 5 years.
Debt Coverage: NSA's debt is not well covered by operating cash flow (11%).
Interest Coverage: NSA's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:32 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Storage Affiliates Trust is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Brendan Lynch | Barclays |
| Keegan Carl | Berenberg |