GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage Affiliates Trust (NYSE:NSA) » Definitions » Effective Interest Rate on Debt %

National Storage Affiliates Trust (National Storage Affiliates Trust) Effective Interest Rate on Debt % : 4.36% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is National Storage Affiliates Trust Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. National Storage Affiliates Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $152.5 Mil. National Storage Affiliates Trust's average total debt for the quarter that ended in Mar. 2024 was $3,496.0 Mil. Therefore, National Storage Affiliates Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.36%.


National Storage Affiliates Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for National Storage Affiliates Trust's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Storage Affiliates Trust Effective Interest Rate on Debt % Chart

National Storage Affiliates Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 3.58 2.94 3.38 4.58

National Storage Affiliates Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.19 4.33 4.57 4.81 4.36

Competitive Comparison of National Storage Affiliates Trust's Effective Interest Rate on Debt %

For the REIT - Industrial subindustry, National Storage Affiliates Trust's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Storage Affiliates Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's Effective Interest Rate on Debt % falls into.



National Storage Affiliates Trust Effective Interest Rate on Debt % Calculation

National Storage Affiliates Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -166.147/( (3576.92+3682.4)/ 2 )
=-1  *  -166.147/3629.66
=4.58 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3080.92 + 496
=3576.92

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3301.4 + 381
=3682.4

National Storage Affiliates Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -152.468/( (3682.4+3309.556)/ 2 )
=-1  *  -152.468/3495.978
=4.36 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3301.4 + 381
=3682.4

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3171.556 + 138
=3309.556

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Storage Affiliates Trust  (NYSE:NSA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


National Storage Affiliates Trust Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of National Storage Affiliates Trust's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


National Storage Affiliates Trust (National Storage Affiliates Trust) Business Description

Traded in Other Exchanges
Address
8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111
National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. It owned a diversified portfolio of more than 1050 self-storage properties, located in more than 42 states and Puerto Rico, comprising approximately 67.8 million rentable square feet, configured in approximately 533,000 storage units. National Storage's portfolio consists of self-storage properties designed to offer convenient, affordable, and secure storage units.
Executives
Arlen Dale Nordhagen director, 10 percent owner, officer: Chief Executive Officer 5200 DTC PARKWAY, STE 200, GREENWOOD VILLAGE CO 80111
Tamara D Fischer officer: Chief Financial Officer 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
Cowan William S. Jr. officer: Chief Strategy Officer 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Derek Bergeon officer: Chief Operating Officer 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Tiffany S. Kenyon officer: Chief Legal Officer C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Chad Leroy Meisinger director 71 VIA SONRISA, SAN CLEMENTE CA 92673
J. Timothy Warren director C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
David Cramer officer: Chief Operating Officer 8400 E. PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Hylbert Paul William Jr director 2705 SOUTH BOSTON COURT, DENVER CO 802231
Mourick Mark Van director 24901 DANA POINT HARBOR DRIVE, SUITE 230, DANA POINT CA 92629
Charles F Wu director C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Rebecca Lee Steinfort director 2500 W EXECUTIVE PKWY, #100, LEHI UT 84043
Brandon Togashi officer: Chief Accounting Officer C/O NATIONAL STORAGE AFFILIATES TRUST, 5200 DTC PARKWAY, SUIT 200, GREENWOOD VILLAGE CO 80111
Steven B Treadwell officer: Senior Vice President 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
Kevin Maxen Howard director, 10 percent owner 14855 SE 82ND DRIVE, CLACKAMAS OR 97015