NTSGF (National Storage REIT) Interest Expense: $-43.3 Mil (TTM As of Dec. 2025)

What is National Storage REIT Interest Expense?

National Storage REIT NTSGF 78 Interest Expense is $-43.3 Mil as of Dec. 2025. GuruFocus rates NTSGF with a GF Score™ of 78/100 and a GF Value™ of $1.72. The stock has 11 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Storage REIT's interest expense for the six months ended in Dec. 2025 was $ -24.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was $-43.3 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 REIT's Operating Income for the six months ended in Dec. 2025 was $ 64.7 Mil. National Storage REIT's Interest Expense for the six months ended in Dec. 2025 was $ -24.9 Mil. National Storage REIT's Interest Coverage for the quarter that ended in Dec. 2025 was 2.60. 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 REIT (OTCPK:NTSGF) Interest Expense Explanation

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 REIT's Interest Expense for the six months ended in Dec. 2025 was $-24.9 Mil. Its Operating Income for the six months ended in Dec. 2025 was $64.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2025 was $1,351.7 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2025 )	/	Interest Expense (Q: Dec. 2025 )
	=	-1	*	64.651	/	-24.85
	=	2.60

* 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 REIT interest coverage is 2.92, which is low.

National Storage REIT Interest Expense Historical Data

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The historical data trend for National Storage REIT's Interest Expense can be seen below:

National Storage REIT Interest Expense Chart

National Storage REIT Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Interest Expense

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-23.65

-18.77

-28.84

-31.61

-41.34

National Storage REIT Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Interest Expense	Get a 7-Day Free Trial															-16.46	-15.28	-22.29	-18.42	-24.85

78GF Score

National Storage REIT NTSGF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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National Storage REIT 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-43.3 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-43.3 Mil mean?

National Storage REIT (NTSGF) has a Interest Expense of $-43.3 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on National Storage REIT and its competitors.

Is National Storage REIT's Interest Expense too high?

National Storage REIT's current Interest Expense is $-43.3 Mil. Overall, National Storage REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.

How does National Storage REIT's Interest Expense compare to PLD and PSA?

National Storage REIT's Interest Expense of $-43.3 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a REITs company?

A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on National Storage REIT and its competitors. National Storage REIT's current Interest Expense is $-43.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is National Storage REIT stock overvalued right now?

National Storage REIT (NTSGF) has a current Interest Expense of $-43.3 Mil. The stock's GF Value™ is $1.72, compared to a current price of $1.83 — trading 6.5% above its estimated fair value. The current Interest Expense is $-43.3 Mil. National Storage REIT's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For National Storage REIT (NTSGF), the current Interest Expense is $-43.3 Mil 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 National Storage REIT (NTSGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage REIT stock appears to be overvalued. The current stock price of $1.83 is trading 6.5% above its estimated GF Value™ of $1.72.

Key valuation signals for NTSGF:

Interest Expense: $-43.3 Mil
GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
GF Score™: 78/100 with 11 warning signs

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

National Storage REIT Business Description

Industry Real Estate REITs

Comparable Companies ASX:BWP ASX:ASK ASX:CIP ASX:DXI PLD PSA EXR LSE:SGRO EGP SGX:A17U CUBE LINE FR REXR MEX:FIBRAPL14 STAG TRNO XBRU:WDP LSE:LMP LSE:BBOX

Address 1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website https://www.nationalstorageinvest.com.au

National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company's key growth drivers are acquisitions and developments.

78GF Score

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

$1.83

Price

$1.72

GF Value

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