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Public Storage (Public Storage) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is Public Storage Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Public Storage's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,013.18 Mil. Public Storage's Total Assets for the quarter that ended in Dec. 2023 was $19,809.22 Mil. Therefore, Public Storage's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

PSApD.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.82   Max: 0.97
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Public Storage was 0.97. The lowest was 0.51. And the median was 0.82.

PSApD.PFD's Equity-to-Asset is ranked worse than
60.95% of 863 companies
in the REITs industry
Industry Median: 0.57 vs PSApD.PFD: 0.51

Public Storage Equity-to-Asset Historical Data

The historical data trend for Public Storage'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.

Public Storage Equity-to-Asset Chart

Public Storage 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 0.80 0.72 0.54 0.57 0.51

Public Storage 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 0.57 0.57 0.57 0.51 0.51

Competitive Comparison of Public Storage's Equity-to-Asset

For the REIT - Industrial subindustry, Public Storage'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.


Public Storage's Equity-to-Asset Distribution in the REITs Industry

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

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



Public Storage 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.

Public Storage'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
=10013.178/19809.216
=0.51

Public Storage'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
=10013.178/19809.216
=0.51

* 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.


Public Storage  (NYSE:PSApD.PFD) 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%.


Public Storage Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Public Storage's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage (Public Storage) Business Description

Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.