National Storage Affiliates Trust (National Storage Affiliates Trust) Total Assets : $5,366.87 Mil (As of Mar. 2024)

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What is National Storage Affiliates Trust Total Assets?

National Storage Affiliates Trust's Total Assets for the quarter that ended in Mar. 2024 was $5,366.87 Mil.

During the past 12 months, National Storage Affiliates Trust's average Total Assets Growth Rate was -13.70% per year. During the past 3 years, the average Total Assets Growth Rate was 18.80% per year. During the past 5 years, the average Total Assets Growth Rate was 19.90% per year. During the past 10 years, the average Total Assets Growth Rate was 29.40% per year.

During the past 12 years, National Storage Affiliates Trust's highest 3-Year average Total Assets Growth Rate was 83.50%. The lowest was 15.80%. And the median was 26.80%.

Total Assets is connected with ROA %. National Storage Affiliates Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 4.18%. Total Assets is also linked to Revenue through Asset Turnover. National Storage Affiliates Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

National Storage Affiliates Trust Total Assets Historical Data

The historical data trend for National Storage Affiliates Trust's Total Assets 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.

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National Storage Affiliates Trust Total Assets Chart

National Storage Affiliates Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,084.25

3,513.58

5,562.59

6,070.01

5,931.81

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
Total Assets	Get a 7-Day Free Trial															6,185.43	6,161.39	6,165.17	5,931.81	5,366.87

National Storage Affiliates Trust Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

National Storage Affiliates Trust's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2125.841	+	3805.97
	=	5,931.81

National Storage Affiliates Trust's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1947.072	+	3419.793
	=	5,366.87

National Storage Affiliates Trust (NYSE:NSApA.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

National Storage Affiliates Trust's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	236.108	/	( (5931.811	+	5366.865)	/ 2 )
	=	236.108	/	5649.338
	=	4.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

National Storage Affiliates Trust's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	196.148	/	( (5931.811	+	5366.865)	/ 2 )
=	196.148	/	5649.338
=	0.03

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

National Storage Affiliates Trust Total Assets Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage Affiliates Trust (NYSE:NSApA.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NSA:USA NSA:Mexico 4GC:Germany

Address

8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111

Website

https://www.nationalstorageaffiliates.com

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.