SmartStop Self Storage REIT, Inc. (SMA) — Working Capital to Net Assets Ratio
SmartStop Self Storage REIT, Inc. (SMA) has a Working Capital to Net Assets ratio of 0.0% as of September 2025. Working capital of $-476.00K (current assets of $54.21 Million minus current liabilities of $54.69 Million) is measured against net assets of $1.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SmartStop Self Storage REIT, Inc. balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SmartStop Self Storage REIT, Inc. Working Capital to Net Assets (2020–2024)
This chart shows how SmartStop Self Storage REIT, Inc.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 0.0%, reflecting working capital of $-476.00K against net assets of $1.29 Billion USD. Check how tangible is SmartStop Self Storage REIT, Inc.'s equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SmartStop Self Storage REIT, Inc. (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for SmartStop Self Storage REIT, Inc. from 2020 to 2024, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see SMA market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.7% | $-18.43 Million | $670.95 Million | $29.30 Million | $47.73 Million | ▼ -4.7 pp |
| 2023 | 1.9% | $14.88 Million | $763.50 Million | $53.43 Million | $38.55 Million | ▲ +1.0 pp |
| 2022 | 1.0% | $8.15 Million | $834.75 Million | $46.04 Million | $37.89 Million | ▼ -1.0 pp |
| 2021 | 1.9% | $13.05 Million | $675.07 Million | $44.69 Million | $31.64 Million | ▼ -8.2 pp |
| 2020 | 10.1% | $50.30 Million | $496.93 Million | $80.66 Million | $30.36 Million | — |