National Storage REIT Tangible Net Worth Ratio
National Storage REIT tangible net worth ratio. National Storage REIT (NSR) has a Tangible Net Worth Ratio of 98.7% as of December 2025. This metric is calculated by deducting intangible assets (AU$48.50 Million) from net assets (AU$3.72 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check National Storage REIT (NSR) strategic investment index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of National Storage REIT (2012–2025)
Tangible net worth ratio of National Storage REIT from 2012 to 2025. This chart shows how National Storage REIT's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 98.7%, reflecting net assets of AU$3.72 Billion with intangible assets of AU$48.50 Million AUD. See NSR working capital ratio to evaluate short-term liquidity relative to the company's equity base.
National Storage REIT Tangible Net Worth Ratio by Year (2012–2025)
National Storage REIT tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for National Storage REIT from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see NSR company net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | AU$3.64 Billion | AU$4.10 Million | AU$5.80 Billion | ▼ 0.0 pp |
| 2024 | 99.9% | AU$3.51 Billion | AU$3.29 Million | AU$5.17 Billion | ▲ +1.3 pp |
| 2023 | 98.6% | AU$3.39 Billion | AU$47.02 Million | AU$4.58 Billion | ▲ +0.3 pp |
| 2022 | 98.4% | AU$2.84 Billion | AU$46.80 Million | AU$4.05 Billion | ▲ +0.4 pp |
| 2021 | 97.9% | AU$2.28 Billion | AU$47.20 Million | AU$3.25 Billion | ▲ +0.6 pp |
| 2020 | 97.3% | AU$1.72 Billion | AU$46.63 Million | AU$2.64 Billion | ▼ -2.5 pp |
| 2019 | 99.8% | AU$1.30 Billion | AU$2.55 Million | AU$2.39 Billion | ▲ +0.0 pp |
| 2018 | 99.8% | AU$890.28 Million | AU$2.05 Million | AU$1.71 Billion | ▼ 0.0 pp |
| 2017 | 99.8% | AU$732.62 Million | AU$1.58 Million | AU$1.44 Billion | ▲ +0.0 pp |
| 2016 | 99.8% | AU$398.35 Million | AU$889.00K | AU$899.73 Million | ▼ -0.1 pp |
| 2015 | 99.9% | AU$385.66 Million | AU$411.00K | AU$630.91 Million | ▲ +0.0 pp |
| 2014 | 99.9% | AU$244.33 Million | AU$354.00K | AU$416.60 Million | ▼ 0.0 pp |
| 2013 | 99.9% | AU$239.50 Million | AU$305.00K | AU$371.70 Million | ▲ +3.0 pp |
| 2012 | 96.8% | AU$30.15 Million | AU$954.00K | AU$221.67 Million | — |