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Extra Space StorageEXR +1.28%92 Cash-to-Debt is 0.05 as of Jun. 2026, which is 400% above its 10-year median of 0.01. GuruFocus rates EXR with a GF Score™ of 92/100 and a GF Value™ of $144.74 (Fairly Valued). The stock has 7 warning signs investors should review. Among 858 REITs companies, Extra Space Storage ranks worse than 62.24% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Extra Space Storage's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.05.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Extra Space Storagecouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Extra Space Storage's Cash-to-Debt or its related term are showing as below:
EXR'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.05
Current: 0.05
During the past 13 years, Extra Space Storage's highest Cash to Debt Ratio was 0.05. The lowest was 0.00. And the median was 0.01.
EXR's Cash-to-Debt is ranked worse than 62.24% of 858
companies
in the REITs industry
Industry Median: 0.09
vs EXR: 0.05
Extra Space Storage (NYSE:EXR) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Extra Space Storage Cash-to-Debt Related Terms
Extra Space Storage Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Cash-to-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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the REIT - Industrial subindustry, Extra Space Storage's Cash-to-Debt, along with its competitors' market caps and Cash-to-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.
Extra Space Storage Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Cash-to-Debt falls into.
* 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.
Extra Space Storage (EXR) has a Cash-to-Debt of 0.05 as of Jun. 2026. This is 400% above median its historical median of 0.01. According to the industry distribution chart, Extra Space Storage ranks #534 out of 858 companies in the REITs industry, placing it in the top 62.2%.
Is Extra Space Storage's Cash-to-Debt too high?
Extra Space Storage's current Cash-to-Debt of 0.05 is 400% above median its 10-year median of 0.01. The REITs industry median Cash-to-Debt is 0.09. Extra Space Storage's value of 0.05 is 44.4% below this industry median. Based on the distribution chart, Extra Space Storage ranks #534 out of 858 companies in the REITs industry, which is below the industry midpoint. Overall, Extra Space Storage has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Cash-to-Debt compare to EGP and CUBE?
According to the REITs industry distribution chart, Extra Space Storage ranks #534 out of 858 companies for Cash-to-Debt. This places Extra Space Storage in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Extra Space Storage's value of 0.05 is 44.4% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.09, Extra Space Storage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a REITs company?
The median Cash-to-Debt among REITs companies is 0.09, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Extra Space Storage's current Cash-to-Debt of 0.05 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Cash-to-Debt is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current Cash-to-Debt is 0.05, which is 400% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Based on GuruFocus' analysis, Extra Space Storage (EXR) is currently considered Fairly Valued. The stock's GF Value™ is $144.74, compared to a current price of $139.40 — trading 3.7% below its estimated fair value. The current Cash-to-Debt is 0.05, which is 400% above median its 10-year median of 0.01 and 44.4% below the REITs industry median of 0.09. Extra Space Storage's overall GF Score™ is 92/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Extra Space Storage (EXR), the current Cash-to-Debt is 0.05 as of Jun. 2026. 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 Extra Space Storage (EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued.
The current stock price of $139.40 is trading 3.7% below its estimated GF Value™ of $144.74.
GuruFocus considers Extra Space Storage to be Fairly Valued.
Key valuation signals for EXR:
Cash-to-Debt: 0.05 (400% above median its 10-year median of 0.01)
GF Value™: $144.74 vs. price of $139.40 (3.7% below fair value)
Industry Position: 44.4% below the REITs median (#534 of 858)
No single metric tells the full story. See the EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score
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