SMA (Smartstop Self Storage REIT) Interest Coverage: 1.20 (As of Mar. 2026) — 21% Above Median


SMA Smartstop Self Storage REIT Inc SMA
40 GF Score
Price $33.44
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What is Smartstop Self Storage REIT Interest Coverage?

Smartstop Self Storage REIT SMA +2.01% 40 Interest Coverage is 1.20 as of Mar. 2026, which is 21% above its 10-year median of 0.99. GuruFocus rates SMA with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 700 REITs companies, Smartstop Self Storage REIT ranks worse than 86.43% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Smartstop Self Storage REIT's Operating Income for the three months ended in Mar. 2026 was $15.7 Mil. Smartstop Self Storage REIT's Interest Expense for the three months ended in Mar. 2026 was $-13.1 Mil. Smartstop Self Storage REIT's interest coverage for the quarter that ended in Mar. 2026 was 1.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Smartstop Self Storage REIT's Interest Coverage or its related term are showing as below:

SMA' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 0.99   Max: 1.31
Current: 1.16


SMA's Interest Coverage is ranked worse than
86.43% of 700 companies
in the REITs industry
Industry Median: 3.095 vs SMA: 1.16

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Smartstop Self Storage REIT  (NYSE:SMA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Smartstop Self Storage REIT Interest Coverage Related Terms


Smartstop Self Storage REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Smartstop Self Storage REIT's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Smartstop Self Storage REIT Interest Coverage Chart

Smartstop Self Storage REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 1.15 1.31 1.15 0.96 1.02

Smartstop Self Storage REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.79 0.88 1.06 1.48 1.20

SMA vs IIPR, ILPT, LXP: Interest Coverage Comparison

For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Smartstop Self Storage REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Smartstop Self Storage REIT's Interest Coverage falls into.


SMA
40GF Score
Smartstop Self Storage REIT Inc SMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartstop Self Storage REIT Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Smartstop Self Storage REIT's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Smartstop Self Storage REIT's Interest Expense was $-59.9 Mil. Its Operating Income was $61.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,098.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*61.063/-59.895
=1.02

Smartstop Self Storage REIT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Smartstop Self Storage REIT's Interest Expense was $-13.1 Mil. Its Operating Income was $15.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,093.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*15.714/-13.137
=1.20

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.20 mean?
Smartstop Self Storage REIT (SMA) has a Interest Coverage of 1.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smartstop Self Storage REIT and its competitors. This is 21% above median its historical median of 0.99. Over the past decade, Smartstop Self Storage REIT's Interest Coverage has ranged from 0.19 to 1.31. According to the industry distribution chart, Smartstop Self Storage REIT ranks #605 out of 700 companies in the REITs industry, placing it in the top 86.4%.
Is Smartstop Self Storage REIT's Interest Coverage too high?
Smartstop Self Storage REIT's current Interest Coverage of 1.20 is 21% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.31. The REITs industry median Interest Coverage is 3.10. Smartstop Self Storage REIT's value of 1.20 is 61.2% below this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #605 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Smartstop Self Storage REIT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Interest Coverage compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #605 out of 700 companies for Interest Coverage. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median Interest Coverage is 3.10. Smartstop Self Storage REIT's value of 1.20 is 61.2% below this benchmark. Historically, Smartstop Self Storage REIT's own Interest Coverage has ranged from 0.19 to 1.31 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 3.10, Smartstop Self Storage REIT 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smartstop Self Storage REIT's current Interest Coverage of 1.20 is 61.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Interest Coverage is 1.20, which is 21% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (SMA) has a current Interest Coverage of 1.20. The current Interest Coverage is 1.20, which is 21% above median its 10-year median of 0.99 and 61.2% below the REITs industry median of 3.10. Smartstop Self Storage REIT's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Smartstop Self Storage REIT (SMA), the current Interest Coverage is 1.20 as of Mar. 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.

Smartstop Self Storage REIT Business Description

Industry Real EstateREITs
Address 10 Terrace Road, Ladera Ranch, CA, USA, 92694
Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments, namely, self-storage operations, which generate key revenue, and the managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
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