National Storage REIT
National Storage is the largest self-storage provider in Australia and New Zealand. With over 290 centres providing tailored storage solutions to over 100,000 residential and commercial customers. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).
National Storage REIT (NTSGF) - Total Assets
Latest total assets as of June 2025: $5.80 Billion USD
Based on the latest financial reports, National Storage REIT (NTSGF) holds total assets worth $5.80 Billion USD as of June 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 REIT - Total Assets Trend (2020–2025)
This chart illustrates how National Storage REIT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
National Storage REIT - Asset Composition Analysis
Current Asset Composition (June 2025)
National Storage REIT's total assets of $5.80 Billion consist of 4.4% current assets and 95.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $4.80 Million | 0.1% |
| Inventory | $1.50 Million | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.10 Million | 0.1% |
| Goodwill | $44.00 Million | 0.8% |
Asset Composition Trend (2020–2025)
This chart illustrates how National Storage REIT'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 REIT's current assets represent 4.4% of total assets in 2025, a decrease from 4.5% in 2020.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2025, down from 3.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.8% of total assets.
National Storage REIT Competitors by Total Assets
Key competitors of National Storage REIT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fibra Terrafina
PINK:CBAOF
|
USA | $63.31 Billion |
|
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 |
|
Abacus Storage King
AU:ASK
|
Australia | AU$3.71 Billion |
|
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 |
National Storage REIT - 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 REIT generates 0.06x 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 REIT generates $ 0.47 in net profit.
National Storage REIT - 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 | 0.55 | 1.54 | 0.67 |
| Quick Ratio | 0.55 | 1.53 | 0.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-212.10 Million | $ 81.29 Million | $ -48.03 Million |
National Storage REIT - Advanced Valuation Insights
This section examines the relationship between National Storage REIT'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 | 11.06 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 12.2% |
| Total Assets | $5.80 Billion |
| Market Capitalization | $1.81 Billion USD |
Valuation Analysis
Below Book Valuation: The market values National Storage REIT's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: National Storage REIT's assets grew by 12.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for National Storage REIT (2020–2025)
The table below shows the annual total assets of National Storage REIT from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $5.80 Billion | +12.20% |
| 2024-06-30 | $5.17 Billion | +12.76% |
| 2023-06-30 | $4.58 Billion | +13.03% |
| 2022-06-30 | $4.05 Billion | +24.67% |
| 2021-06-30 | $3.25 Billion | +23.16% |
| 2020-06-30 | $2.64 Billion | -- |