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National Storage Affiliates Trust (National Storage Affiliates Trust) Equity-to-Asset : 0.24 (As of Dec. 2023)


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What is National Storage Affiliates Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National Storage Affiliates Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,422.2 Mil. National Storage Affiliates Trust's Total Assets for the quarter that ended in Dec. 2023 was $5,931.8 Mil. Therefore, National Storage Affiliates Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

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

NSA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.37
Current: 0.24

During the past 12 years, the highest Equity to Asset Ratio of National Storage Affiliates Trust was 0.37. The lowest was 0.22. And the median was 0.30.

NSA's Equity-to-Asset is ranked worse than
91.19% of 863 companies
in the REITs industry
Industry Median: 0.57 vs NSA: 0.24

National Storage Affiliates Trust Equity-to-Asset Historical Data

The historical data trend for National Storage Affiliates Trust's Equity-to-Asset 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 Equity-to-Asset Chart

National Storage Affiliates Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.32 0.27 0.24

National Storage Affiliates Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.27 0.26 0.26 0.24 0.24

Competitive Comparison of National Storage Affiliates Trust's Equity-to-Asset

For the REIT - Industrial subindustry, National Storage Affiliates Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the REITs Industry

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

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



National Storage Affiliates Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1422.188/5931.811
=0.24

National Storage Affiliates Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1422.188/5931.811
=0.24

* 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 Affiliates Trust  (NYSE:NSA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


National Storage Affiliates Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of National Storage Affiliates Trust's Equity-to-Asset 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

National Storage Affiliates Trust (National Storage Affiliates Trust) Headlines