Is National Storage Affiliates financially healthy?
Not really
National Storage Affiliates carries heavy debt: it would take 7.2 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA7.2 years
Cash vs. debt$23M vs. $3.4B
Current ratio0.6×Short-term assets for each $1 of bills due within a year
Interest coverage1.8×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about National Storage Affiliates
Data as of Jul 21, 2026.