Global Self Storage (Global Self Storage) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Global Self Storage 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. Global Self Storage's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Global Self Storage's long-term debt to total assets ratio declined from Dec. 2022 (0.26) to Dec. 2023 (0.25). It may suggest that Global Self Storage is progressively becoming less dependent on debt to grow their business.

Global Self Storage LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global Self 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.

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Global Self Storage LT-Debt-to-Total-Asset Chart

Global Self Storage Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.27

0.26

0.25

Global Self Storage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.26	0.26	0.25

Global Self Storage LT-Debt-to-Total-Asset Calculation

Global Self Storage'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 )
	=	16.901	/	66.879
	=	0.25

Global Self Storage's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	16.901	/	66.879
	=	0.25

Global Self Storage (NAS:SELF) 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.

Global Self Storage LT-Debt-to-Total-Asset Related Terms

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Global Self Storage (Global Self Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Self Storage Inc (NAS:SELF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3814 Route 44, Millbrook, New York, NY, USA, 12545

Website

https://www.globalselfstorage.us

Global Self Storage Inc is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. It has one segment of Rental operations. Through its wholly-owned subsidiaries, the company owns and/or manages close to 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.

Executives

Tuxis Corp	other: See "Explanation of Responses"	11 HANOVER SQUARE, NEW YORK NY 10005
Donald Ii Klimoski	officer: General Counsel	3814 ROUTE 44, MILLBROOK NY 12545
Mark Campbell Winmill	director, officer: President and CEO	3814 ROUTE 44, MILLBROOK NY 12545
Carroll Sally Coonrad	director	3814 ROUTE 44, MILLBROOK NY 12545
George B Langa	director	3814 ROUTE 44, MILLBROOK NY 12545
Burke Russell E Iii	director	3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de	other: See "Explanation of Responses"	11 HANOVER SQUARE, NEW YORK NY 10005
Russell Kamerman	officer: Assistant General Counsel	3814 ROUTE 44, MILLBROOK NY 12545
William Chester Zachary	director	136 EAST 64TH ST, APT 6D, NEW YORK NY 10065
Thomas Omalley	officer: Chief Financial Officer	3814 ROUTE 44, MILLBROOK NY 12545
Winmill & Co. Inc	other: See "Explanation of Responses"	2255 BUFFALO ROAD, ROCHESTER NY 14624
Bexil Corp	other: See "Explanation of Responses"	2255 BUFFALO ROAD, ROCHESTER NY 14624
Hwang Eric Paul C.	other: See "Explanation of Responses"	11 HANOVER SQUARE, NEW YORK NY 10005
Bruce B Huber	director	11 HANOVER SQUARE, NEW YORK NY 10005
Jacob Bukhsbaum	officer: Chief Compliance Officer, other: See "Explanation of Responses"	11 HANOVER SQUARE, NEW YORK NY 10005