NTSGF (National Storage REIT) Accumulated Depreciation: $0.0 Mil (As of Dec. 2025)

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NTSGF National Storage REIT NTSGF
78 GF Score
Price $1.83
GF Value $1.72
! 11 Warning Signs
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What is National Storage REIT Accumulated Depreciation?

National Storage REIT NTSGF 78 Accumulated Depreciation is $0.0 Mil as of Dec. 2025. GuruFocus rates NTSGF with a GF Score™ of 78/100 and a GF Value™ of $1.72. The stock has 11 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

National Storage REIT's quarterly accumulated depreciation increased from Dec. 2024 ($0.0 Mil) to Jun. 2025 ($-2.7 Mil) but then stayed the same from Jun. 2025 ($-2.7 Mil) to Dec. 2025 ($0.0 Mil).

National Storage REIT's annual accumulated depreciation increased from Jun. 2023 ($-1.1 Mil) to Jun. 2024 ($-1.5 Mil) and increased from Jun. 2024 ($-1.5 Mil) to Jun. 2025 ($-2.7 Mil).

National Storage REIT Accumulated Depreciation Related Terms

National Storage REIT Accumulated Depreciation Historical Data

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The historical data trend for National Storage REIT's Accumulated Depreciation 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.

National Storage REIT Accumulated Depreciation Chart

National Storage REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 -0.95 -1.11 -1.50 -2.67

National Storage REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accumulated Depreciation 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 0.00 -1.50 0.00 -2.67 0.00
NTSGF
78GF Score
National Storage REIT NTSGF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage REIT Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $0.0 Mil mean?
National Storage REIT (NTSGF) has a Accumulated Depreciation of $0.0 Mil as of Dec. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on National Storage REIT and its competitors.
Is National Storage REIT's Accumulated Depreciation too high?
National Storage REIT's current Accumulated Depreciation is $0.0 Mil. Overall, National Storage REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Storage REIT's Accumulated Depreciation compare to PLD and PSA?
National Storage REIT's Accumulated Depreciation of $0.0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a REITs company?
A good Accumulated Depreciation depends on the REITs industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on National Storage REIT and its competitors. National Storage REIT's current Accumulated Depreciation is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage REIT stock overvalued right now?
National Storage REIT (NTSGF) has a current Accumulated Depreciation of $0.0 Mil. The stock's GF Value™ is $1.72, compared to a current price of $1.83 — trading 6.5% above its estimated fair value. The current Accumulated Depreciation is $0.0 Mil. National Storage REIT's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For National Storage REIT (NTSGF), the current Accumulated Depreciation is $0.0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Storage REIT (NTSGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage REIT stock appears to be overvalued. The current stock price of $1.83 is trading 6.5% above its estimated GF Value™ of $1.72.

Key valuation signals for NTSGF:

  • Accumulated Depreciation: $0.0 Mil
  • GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the NTSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Storage REIT Business Description

Industry Real EstateREITs
Address 1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company's key growth drivers are acquisitions and developments.
78GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.83
Price
$1.72
GF Value