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PSAPJ.PFD (Public Storage) Scaled Net Operating Assets : 0.94 (As of Sep. 2024)


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What is Public Storage Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Public Storage's operating assets for the quarter that ended in Sep. 2024 was $19,204.22 Mil. Public Storage's operating liabilities for the quarter that ended in Sep. 2024 was $619.42 Mil. Public Storage's Total Assets for the quarter that ended in Jun. 2024 was $19,788.76 Mil. Therefore, Public Storage's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.94.


Public Storage Scaled Net Operating Assets Historical Data

The historical data trend for Public Storage's Scaled Net Operating Assets 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.

Public Storage Scaled Net Operating Assets Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.96 1.37 0.94 1.07

Public Storage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets 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 1.06 0.95 0.95 0.95 0.94

Competitive Comparison of Public Storage's Scaled Net Operating Assets

For the REIT - Industrial subindustry, Public Storage's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Storage's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Public Storage's Scaled Net Operating Assets falls into.



Public Storage Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Public Storage's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(19439.214-598.993)/17552.307
=1.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19809.216 - 370.002
=19439.214

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9702.27 - 9103.277 - 0
=598.993

Public Storage's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(19204.215-619.416)/19788.762
=0.94

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19803.219 - 599.004
=19204.215

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10093.194 - 9473.778 - 0
=619.416

* 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.


Public Storage Scaled Net Operating Assets Related Terms

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Public Storage Business Description

Industry
Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.