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National Storage Affiliates Trust (FRA:4GC) Interest Expense : €-142.9 Mil (TTM As of Dec. 2024)


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What is National Storage Affiliates Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Storage Affiliates Trust's interest expense for the three months ended in Dec. 2024 was € -37.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-142.9 Mil.

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. National Storage Affiliates Trust's Operating Income for the three months ended in Dec. 2024 was € 70.4 Mil. National Storage Affiliates Trust's Interest Expense for the three months ended in Dec. 2024 was € -37.6 Mil. National Storage Affiliates Trust's Interest Coverage for the quarter that ended in Dec. 2024 was 1.87. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


National Storage Affiliates Trust Interest Expense Historical Data

The historical data trend for National Storage Affiliates Trust's Interest Expense 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 Interest Expense Chart

National Storage Affiliates Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.45 -63.78 -104.41 -152.36 -147.32

National Storage Affiliates Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense 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 -41.67 -35.07 -34.59 -35.66 -37.57

National Storage Affiliates Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-142.9 Mil.

* 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  (FRA:4GC) Interest Expense Explanation

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. The higher, the better.

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

National Storage Affiliates Trust's Interest Expense for the three months ended in Dec. 2024 was €-37.6 Mil. Its Operating Income for the three months ended in Dec. 2024 was €70.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €2,892.4 Mil.

National Storage Affiliates Trust's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*70.417/-37.57
=1.87

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. National Storage Affiliates Trust interest coverage is 1.93, which is low.


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. 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, RightSpace, Northwest and Move It brands.

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