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Smartstop Self Storage REIT (Smartstop Self Storage REIT) Equity-to-Asset : 0.34 (As of Mar. 2024)


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What is Smartstop Self Storage REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smartstop Self Storage REIT's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $649.4 Mil. Smartstop Self Storage REIT's Total Assets for the quarter that ended in Mar. 2024 was $1,886.4 Mil. Therefore, Smartstop Self Storage REIT's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.34.

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

STSFF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.41
Current: 0.34

During the past 6 years, the highest Equity to Asset Ratio of Smartstop Self Storage REIT was 0.41. The lowest was 0.32. And the median was 0.37.

STSFF's Equity-to-Asset is ranked worse than
85.78% of 858 companies
in the REITs industry
Industry Median: 0.57 vs STSFF: 0.34

Smartstop Self Storage REIT Equity-to-Asset Historical Data

The historical data trend for Smartstop Self Storage REIT's Equity-to-Asset 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.

* Premium members only.

Smartstop Self Storage REIT Equity-to-Asset Chart

Smartstop Self Storage REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.35 0.34 0.38 0.38 0.35

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
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.37 0.36 0.35 0.34

Competitive Comparison of Smartstop Self Storage REIT's Equity-to-Asset

For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the REITs Industry

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

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



Smartstop Self Storage REIT Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=671.973/1895.641
=0.35

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

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=649.442/1886.397
=0.34

* 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.


Smartstop Self Storage REIT  (OTCPK:STSFF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Smartstop Self Storage REIT Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Smartstop Self Storage REIT's Equity-to-Asset 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

Traded in Other Exchanges
N/A
Address
10 Terrace Road, Ladera Ranch, CA, USA, 92694
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

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