Extra Space Storage (MEX:EXR) LT-Debt-to-Total-Asset: 0.44 (As of Mar. 2026)

What is Extra Space Storage LT-Debt-to-Total-Asset?

Extra Space Storage MEX:EXR 92 LT-Debt-to-Total-Asset is 0.44 as of Mar. 2026. GuruFocus rates MEX:EXR with a GF Score™ of 92/100 and a GF Value™ of MXN2,615.42. The stock has 9 warning signs investors should review.

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. Extra Space Storage's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.44.

Extra Space Storage's long-term debt to total assets ratio increased from Mar. 2025 (0.42) to Mar. 2026 (0.44). It may suggest that Extra Space Storage is progressively becoming more dependent on debt to grow their business.

Extra Space Storage (MEX:EXR) 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.

Extra Space Storage LT-Debt-to-Total-Asset Related Terms

Extra Space Storage LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Extra Space Storage'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.

Extra Space Storage LT-Debt-to-Total-Asset Chart

Extra Space Storage Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.54

0.39

0.40

0.44

Extra Space Storage Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.42	0.44	0.44	0.44

92GF Score

Extra Space Storage Inc MEX:EXR

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Extra Space Storage LT-Debt-to-Total-Asset Calculation

Extra Space Storage's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	229892.402	/	526919.633
	=	0.44

Extra Space Storage's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	230596.992	/	524740.21
	=	0.44

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.44 mean?

Extra Space Storage (MEX:EXR) has a LT-Debt-to-Total-Asset of 0.44 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Extra Space Storage and its competitors.

Is Extra Space Storage's LT-Debt-to-Total-Asset too high?

Extra Space Storage's current LT-Debt-to-Total-Asset is 0.44. Overall, Extra Space Storage has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.

How does Extra Space Storage's LT-Debt-to-Total-Asset compare to EGP and LINE?

Extra Space Storage's LT-Debt-to-Total-Asset of 0.44 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 LT-Debt-to-Total-Asset for a REITs company?

A good LT-Debt-to-Total-Asset depends on the REITs industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Extra Space Storage and its competitors. Extra Space Storage's current LT-Debt-to-Total-Asset is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Extra Space Storage stock overvalued right now?

Extra Space Storage (MEX:EXR) has a current LT-Debt-to-Total-Asset of 0.44. The stock's GF Value™ is MXN2,615.42, compared to a current price of MXN2,607.33 — trading 0.3% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.44. Extra Space Storage's overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Extra Space Storage (MEX:EXR), the current LT-Debt-to-Total-Asset is 0.44 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.

Is Extra Space Storage (MEX:EXR) Overvalued in 2026?

Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued. The current stock price of MXN2,607.33 is trading 0.3% below its estimated GF Value™ of MXN2,615.42.

Key valuation signals for MEX:EXR:

LT-Debt-to-Total-Asset: 0.44
GF Value™: MXN2,615.42 vs. price of MXN2,607.33 (0.3% below fair value)
GF Score™: 92/100 with 9 warning signs

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

Extra Space Storage Business Description

Industry Real Estate REITs

Comparable Companies EGP LINE CUBE FR REXR STAG TRNO PSA COLD NSA PLD LSE:SGRO SGX:A17U MEX:FIBRAPL14 XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U TSE:3283 SGX:ME8U

Other Exchanges EXR:USA 0IJV:UK FG8:Germany

Address 2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121

Website http://www.extraspace.com

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.

92GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,607.33

Price

MXN2,615.42

GF Value

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