Smartstop Self Storage REIT (Smartstop Self Storage REIT) Cash-to-Debt : 0.04 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Smartstop Self Storage REIT Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Smartstop Self Storage REIT's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Smartstop Self Storage REIT couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Smartstop Self Storage REIT's Cash-to-Debt or its related term are showing as below:

STSFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.1
Current: 0.04

During the past 6 years, Smartstop Self Storage REIT's highest Cash to Debt Ratio was 0.10. The lowest was 0.02. And the median was 0.04.

STSFF's Cash-to-Debt is ranked worse than
65.58% of 799 companies
in the REITs industry
Industry Median: 0.08 vs STSFF: 0.04

Smartstop Self Storage REIT Cash-to-Debt Historical Data

The historical data trend for Smartstop Self Storage REIT's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Smartstop Self Storage REIT Cash-to-Debt Chart

Smartstop Self Storage REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

0.10

0.04

Smartstop Self Storage REIT Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.03	0.03	0.04	0.04

Competitive Comparison of Smartstop Self Storage REIT's Cash-to-Debt

For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Smartstop Self Storage REIT's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Smartstop Self Storage REIT's Cash-to-Debt falls into.

Smartstop Self Storage REIT Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Smartstop Self Storage REIT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	45.079	/	(0	+	1087.401)
	=	0.04

Smartstop Self Storage REIT's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	39.158	/	(0	+	1093.201)
	=	0.04

Smartstop Self Storage REIT (OTCPK:STSFF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Smartstop Self Storage REIT Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Smartstop Self Storage REIT's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Smartstop Self Storage REIT (Smartstop Self Storage REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Smartstop Self Storage REIT Inc (OTCPK:STSFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Terrace Road, Ladera Ranch, CA, USA, 92694

Website

https://www.strategicreit.com

Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments namely, self-storage operations and managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term. The rental income was concentrated in Florida, California, and the Greater Toronto Area of Canada.

Executives

Wayne Johnson	officer: President and CIO	10 TERRACE ROAD, LADERA RANCH CA 92694
Michael Mcclure	officer: Chief Executive Officer	10 TERRACE ROAD, LADERA RANCH CA 92694
Paula M. Mathews	director	10 TERRACE ROAD, LADERA RANCH CA 92694
Joseph H Robinson	officer: Chief Operations Officer	10 TERRACE ROAD, LADERA RANCH CA 92694
Harold Perry	director	10 TERRACE ROAD, LADERA RANCH CA 92694
James L. Berg	officer: Former Secretary	10 TERRACE ROAD, LADERA RANCH CA 92694
Michael O Terjung	officer: Chief Accounting Officer	10 TERRACE ROAD, LADERA RANCH CA 92694
Gerald Valle	officer: SVP, Self-Storage Operations	10 TERRACE ROAD, LADERA RANCH CA 92694
James R. Barry	officer: CFO and Treasurer	10 TERRACE ROAD, LADERA RANCH CA 92694
Nicholas Look	officer: General Counsel and Secretary	10 TERRACE ROAD, LADERA RANCH CA 92694
David J Mueller	director	10 TERRACE ROAD, LADERA RANCH CA 92694
Matt F Lopez	officer: Chief Financial Officer	10 TERRACE ROAD, LADERA RANCH CA 92694
William H Brownfield	director	111 CORPORATE DRIVE, SUITE 120, LADERA RANCH CA 92694
Timothy S. Morris	director	10 TERRACE ROAD, LADERA RANCH CA 92694
H. Michael Schwartz	director, officer: Chairman, CEO and President	10 TERRACE ROAD, LADERA RANCH CA 92694

Smartstop Self Storage REIT (Smartstop Self Storage REIT) Headlines

No Headlines