NSAPA.PFD (National Storage Affiliates Trust) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is National Storage Affiliates Trust Cash-to-Debt?

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. National Storage Affiliates Trust's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

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, National Storage Affiliates Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for National Storage Affiliates Trust's Cash-to-Debt or its related term are showing as below:

NSApA.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.03
Current: 0.02

During the past 12 years, National Storage Affiliates Trust's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.01.

NSApA.PFD's Cash-to-Debt is ranked worse than
77.5% of 871 companies
in the REITs industry
Industry Median: 0.08 vs NSApA.PFD: 0.02

National Storage Affiliates Trust Cash-to-Debt Historical Data

The historical data trend for National Storage Affiliates Trust'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.

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National Storage Affiliates Trust Cash-to-Debt Chart

National Storage Affiliates Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.02

National Storage Affiliates Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of National Storage Affiliates Trust's Cash-to-Debt

For the REIT - Industrial subindustry, National Storage Affiliates Trust'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.

National Storage Affiliates Trust's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's Cash-to-Debt falls into.

National Storage Affiliates Trust Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

National Storage Affiliates Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	64.98	/	(381	+	3301.4)
	=	0.02

National Storage Affiliates Trust's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	69.886	/	(406.8	+	3044.997)
	=	0.02

National Storage Affiliates Trust (NYSE:NSApA.PFD) 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.

National Storage Affiliates Trust Cash-to-Debt Related Terms

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National Storage Affiliates Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage Affiliates Trust (NYSE:NSApA.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NSA:USA 4GC:Germany 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. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, Northwest and Move It brands.