SSSAF (Shurgard Self Storage) Interest Coverage: 5.26 (As of Dec. 2025) — 29% Below Median


SSSAF Shurgard Self Storage Ltd SSSAF
75 GF Score
Price $28.50
GF Value $51.59
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shurgard Self Storage Interest Coverage?

Shurgard Self Storage SSSAF +3.64% 75 Interest Coverage is 5.26 as of Dec. 2025, which is 29% below its 10-year median of 7.41. GuruFocus rates SSSAF with a GF Score™ of 75/100 and a GF Value™ of $51.59 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 701 REITs companies, Shurgard Self Storage ranks better than 64.91% 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. Shurgard Self Storage's Operating Income for the six months ended in Dec. 2025 was $160.9 Mil. Shurgard Self Storage's Interest Expense for the six months ended in Dec. 2025 was $-30.6 Mil. Shurgard Self Storage's interest coverage for the quarter that ended in Dec. 2025 was 5.26. The higher the ratio, the stronger the company's financial strength is.

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

SSSAF' s Interest Coverage Range Over the Past 10 Years
Min: 4.96   Med: 7.41   Max: 9.18
Current: 4.96


SSSAF's Interest Coverage is ranked better than
64.91% of 701 companies
in the REITs industry
Industry Median: 3.12 vs SSSAF: 4.96

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


Shurgard Self Storage  (OTCPK:SSSAF) 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 .


Shurgard Self Storage Interest Coverage Related Terms


Shurgard Self Storage Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shurgard Self Storage'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.

Shurgard Self Storage Interest Coverage Chart

Shurgard Self Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 9.18 8.95 6.51 4.96

Shurgard Self Storage Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.75 9.17 5.31 4.66 5.26

SSSAF vs EQIX, AMT, DLR: Interest Coverage Comparison

For the REIT - Specialty subindustry, Shurgard Self Storage'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.


Shurgard Self Storage Interest Coverage vs REITs Industry

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

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


SSSAF
75GF Score
Shurgard Self Storage Ltd SSSAF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shurgard Self Storage 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.

Shurgard Self Storage'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, Shurgard Self Storage's Interest Expense was $-61.2 Mil. Its Operating Income was $303.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,866.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*303.671/-61.212
=4.96

Shurgard Self Storage's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Shurgard Self Storage's Interest Expense was $-30.6 Mil. Its Operating Income was $160.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,866.3 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*160.904/-30.577
=5.26

* 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 5.26 mean?
Shurgard Self Storage (SSSAF) has a Interest Coverage of 5.26 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shurgard Self Storage and its competitors. This is 29% below median its historical median of 7.41. Over the past decade, Shurgard Self Storage's Interest Coverage has ranged from 4.96 to 9.18. According to the industry distribution chart, Shurgard Self Storage ranks #246 out of 701 companies in the REITs industry, placing it in the top 35.1%.
Is Shurgard Self Storage's Interest Coverage too high?
Shurgard Self Storage's current Interest Coverage of 5.26 is 29% below median its 10-year median of 7.41. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 9.18. The REITs industry median Interest Coverage is 3.12. Shurgard Self Storage's value of 5.26 is 68.6% above this industry median. Based on the distribution chart, Shurgard Self Storage ranks #246 out of 701 companies in the REITs industry, which is above the industry midpoint. Overall, Shurgard Self Storage has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shurgard Self Storage's Interest Coverage compare to EQIX and AMT?
According to the REITs industry distribution chart, Shurgard Self Storage ranks #246 out of 701 companies for Interest Coverage. This puts Shurgard Self Storage in the upper half of its industry. The industry median Interest Coverage is 3.12. Shurgard Self Storage's value of 5.26 is 68.6% above this benchmark. Historically, Shurgard Self Storage's own Interest Coverage has ranged from 4.96 to 9.18 over the past decade. While the company's 10-year median is 7.41 vs. the industry median of 3.12, Shurgard Self Storage has consistently been above 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 3.12, based on 701 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. Shurgard Self Storage's current Interest Coverage of 5.26 is 68.6% above 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 Shurgard Self Storage and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shurgard Self Storage's current Interest Coverage is 5.26, which is 29% below median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurgard Self Storage stock overvalued right now?
Based on GuruFocus' analysis, Shurgard Self Storage (SSSAF) is currently considered Possible Value Trap. The stock's GF Value™ is $51.59, compared to a current price of $28.50 — trading 44.8% below its estimated fair value. The current Interest Coverage is 5.26, which is 29% below median its 10-year median of 7.41 and 68.6% above the REITs industry median of 3.12. Shurgard Self Storage's overall GF Score™ is 75/100 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 Shurgard Self Storage (SSSAF), the current Interest Coverage is 5.26 as of Dec. 2025. 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 Shurgard Self Storage (SSSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Shurgard Self Storage stock appears to be undervalued. The current stock price of $28.50 is trading 44.8% below its estimated GF Value™ of $51.59. GuruFocus considers Shurgard Self Storage to be Possible Value Trap.

Key valuation signals for SSSAF:

  • Interest Coverage: 5.26 (29% below median its 10-year median of 7.41)
  • GF Value™: $51.59 vs. price of $28.50 (44.8% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 68.6% above the REITs median (#246 of 701)

No single metric tells the full story. See the SSSAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shurgard Self Storage Business Description

Industry Real EstateREITs
Address Admiral Park, St Peters Port, Ground Floor, Plaza House, Guernsey, GGY, GY1 2HU
Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from UK and also has a presence in the Netherlands, France, Sweden, Belgium, Germany and Denmark among others. It generates revenue through the lease of storage units and related activities, including insurance referrals and the sale of storage products and packaging.
75GF Score

Get the complete analysis for SSSAF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.50
Price
$51.59
GF Value