National Storage Affiliates Trust (FRA:4GC) LT-Debt-to-Total-Asset : 0.57 (As of Sep. 2024)

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What is National Storage Affiliates Trust LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. National Storage Affiliates Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.57.

National Storage Affiliates Trust's long-term debt to total assets ratio increased from Sep. 2023 (0.50) to Sep. 2024 (0.57). It may suggest that National Storage Affiliates Trust is progressively becoming more dependent on debt to grow their business.

National Storage Affiliates Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Storage Affiliates Trust's LT-Debt-to-Total-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.

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National Storage Affiliates Trust LT-Debt-to-Total-Asset Chart

National Storage Affiliates Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.51

0.50

0.45

0.51

0.56

National Storage Affiliates Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.50	0.56	0.59	0.60	0.57

National Storage Affiliates Trust LT-Debt-to-Total-Asset Calculation

National Storage Affiliates Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3027.384	/	5439.471
	=	0.56

National Storage Affiliates Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2743.542	/	4856.085
	=	0.56

National Storage Affiliates Trust (FRA:4GC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

National Storage Affiliates Trust LT-Debt-to-Total-Asset Related Terms

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National Storage Affiliates Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage Affiliates Trust (FRA:4GC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NSApA.PFD:USA NSA:USA 4GC:Germany

Address

8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111

Website

https://www.nationalstorageaffiliates.com

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, Northwest and Move It brands.

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