National Storage Affiliates Trust
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self-storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage proper… Read more
National Storage Affiliates Trust (NSA) - Total Assets
Latest total assets as of September 2025: $5.14 Billion USD
Based on the latest financial reports, National Storage Affiliates Trust (NSA) holds total assets worth $5.14 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
National Storage Affiliates Trust - Total Assets Trend (2012–2024)
This chart illustrates how National Storage Affiliates Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
National Storage Affiliates Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
National Storage Affiliates Trust's total assets of $5.14 Billion consist of 1.7% current assets and 98.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $50.41 Million | 0.9% |
| Accounts Receivable | $26.91 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $4.84 Billion | 90.3% |
| Intangible Assets | $146.28 Million | 2.7% |
| Goodwill | $8.18 Million | 0.2% |
Asset Composition Trend (2012–2024)
This chart illustrates how National Storage Affiliates Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: National Storage Affiliates Trust's current assets represent 1.7% of total assets in 2024, a decrease from 3.4% in 2012.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 1.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.3% of total assets.
National Storage Affiliates Trust Competitors by Total Assets
Key competitors of National Storage Affiliates Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Esr Kendall Square Reit Co Ltd
KO:365550
|
Korea | ₩2.53 Trillion |
|
Atrium Real Estate Investment Trust
KLSE:5130
|
Malaysia | RM723.24 Million |
|
AME REIT
KLSE:5307
|
Malaysia | RM809.14 Million |
|
Ascendas Real Estate Investment Trust
PINK:ACDSF
|
USA | $19.85 Billion |
|
Margaux Real Estate Investment Trust
V:ALFA-UN
|
Canada | CA$14.11 Million |
|
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
|
Thailand | ฿4.69 Billion |
|
Argan SA
PA:ARG
|
France | €4.31 Billion |
|
Abacus Storage King
AU:ASK
|
Australia | AU$3.71 Billion |
National Storage Affiliates Trust - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - National Storage Affiliates Trust generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, National Storage Affiliates Trust generates $ 2.08 in net profit.
National Storage Affiliates Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.11 | 0.22 | 0.09 |
| Quick Ratio | 0.11 | 0.12 | 0.17 |
| Cash Ratio | 0.05 | 0.13 | 0.00 |
| Working Capital | $-471.06 Million | $ -418.01 Million | $ -215.76 Million |
National Storage Affiliates Trust - Advanced Valuation Insights
This section examines the relationship between National Storage Affiliates Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.08 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -9.7% |
| Total Assets | $5.35 Billion |
| Market Capitalization | $2.85 Billion USD |
Valuation Analysis
Below Book Valuation: The market values National Storage Affiliates Trust's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: National Storage Affiliates Trust's assets decreased by 9.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for National Storage Affiliates Trust (2012–2024)
The table below shows the annual total assets of National Storage Affiliates Trust from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.35 Billion | -9.73% |
| 2023-12-31 | $5.93 Billion | -2.28% |
| 2022-12-31 | $6.07 Billion | +9.12% |
| 2021-12-31 | $5.56 Billion | +58.32% |
| 2020-12-31 | $3.51 Billion | +13.92% |
| 2019-12-31 | $3.08 Billion | +13.01% |
| 2018-12-31 | $2.73 Billion | +20.41% |
| 2017-12-31 | $2.27 Billion | +19.80% |
| 2016-12-31 | $1.89 Billion | +71.72% |
| 2015-12-31 | $1.10 Billion | +32.32% |
| 2014-12-31 | $832.75 Million | +126.11% |
| 2013-12-31 | $368.29 Million | +105.23% |
| 2012-12-31 | $179.46 Million | -- |