National Storage Affiliates Trust

NYSE:NSA Stock Report

Market Cap: US$4.6b

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 ratio2x
CashUS$101.45m
EquityUS$1.95b
Total liabilitiesUS$3.42b
Total assetsUS$5.37b

Recent financial health updates

No updates

Recent updates

National Storage Affiliates: Short-Term Pain, Long-Term Gain

Mar 26

NSA: An Update On Higher-Yielding Self-Storage

Nov 19

National Storage Affiliates: Buy This 7% Yielding Self-Storage REIT

Oct 17

Unlocking Growth In National Storage Affiliates' Storage Landscape

Aug 11

A Look At National Storage Affiliates

Jun 05

National Storage: Looking Even Better With Undervaluation

May 28

National Storage Affiliates declares $0.55 dividend

Feb 22

National Storage Affiliates declares $0.55 dividend

Nov 10

National Storage Affiliates reports Q3 results

Nov 02

National Storage Affiliates: Leave Some Buying Power For This Self Storage Bargain

Oct 05

National Storage Affiliates declares $0.55 dividend

Aug 25

National Storage Affiliates: A No-Brainer Buy For High Yield And Growth

Aug 05

With EPS Growth And More, National Storage Affiliates Trust (NYSE:NSA) Makes An Interesting Case

Aug 02
With EPS Growth And More, National Storage Affiliates Trust (NYSE:NSA) Makes An Interesting Case

National Storage Affiliates: Superb Growth On Sale

May 20

With EPS Growth And More, National Storage Affiliates Trust (NYSE:NSA) Is Interesting

Apr 17
With EPS Growth And More, National Storage Affiliates Trust (NYSE:NSA) Is Interesting

Financial Position Analysis

Short Term Liabilities: NSA's short term assets ($153.2M) do not cover its short term liabilities ($251.9M).

Long Term Liabilities: NSA's short term assets ($153.2M) do not cover its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: NSA's net debt to equity ratio (163.5%) is considered high.

Reducing Debt: NSA's debt to equity ratio has increased from 100.8% to 168.7% over the past 5 years.

Debt Coverage: NSA's debt is not well covered by operating cash flow (13%).

Interest Coverage: NSA's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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