Extra Space Storage Stock Current Asset
| EXR Stock | USD 144.77 3.09 2.18% |
Extra Space Storage fundamentals help investors to digest information that contributes to Extra Space's financial success or failures. It also enables traders to predict the movement of Extra Stock. The fundamental analysis module provides a way to measure Extra Space's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Extra Space stock.
At this time, Extra Space's Non Current Assets Total are relatively stable compared to the past year. As of 06/02/2024, Total Current Assets is likely to grow to about 976.2 M, though Other Current Assets are likely to grow to (796.6 M). Extra | Current Asset |
Extra Space Storage Company Current Asset Analysis
Extra Space's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Extra Space Current Asset | 244.2 M |
Most of Extra Space's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Extra Space Storage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Extra Current Asset Historical Pattern
Today, most investors in Extra Space Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Extra Space's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Extra Space current asset as a starting point in their analysis.
Extra Space Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Extra Total Assets
Total Assets |
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In accordance with the recently published financial statements, Extra Space Storage has a Current Asset of 244.2 M. This is 68.45% lower than that of the Specialized REITs sector and significantly higher than that of the Real Estate industry. The current asset for all United States stocks is 97.38% higher than that of the company.
Extra Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Extra Space's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Extra Space could also be used in its relative valuation, which is a method of valuing Extra Space by comparing valuation metrics of similar companies.Extra Space is currently under evaluation in current asset category among related companies.
Extra Space Current Valuation Drivers
We derive many important indicators used in calculating different scores of Extra Space from analyzing Extra Space's financial statements. These drivers represent accounts that assess Extra Space's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Extra Space's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.5B | 15.0B | 30.2B | 19.7B | 27.1B | 28.5B | |
| Enterprise Value | 18.8B | 20.9B | 36.4B | 27.2B | 38.4B | 40.3B |
Extra Space ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Extra Space's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Extra Space's managers, analysts, and investors.Environmental | Governance | Social |
Extra Fundamentals
| Return On Equity | 0.0896 | ||||
| Return On Asset | 0.0432 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 42.95 B | ||||
| Shares Outstanding | 211.72 M | ||||
| Shares Owned By Insiders | 1.08 % | ||||
| Shares Owned By Institutions | 99.83 % | ||||
| Number Of Shares Shorted | 3.65 M | ||||
| Price To Earning | 35.20 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 11.77 X | ||||
| Revenue | 2.56 B | ||||
| Gross Profit | 1.52 B | ||||
| EBITDA | 1.74 B | ||||
| Net Income | 801.97 M | ||||
| Cash And Equivalents | 92.87 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 11.4 B | ||||
| Debt To Equity | 1.70 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 67.55 X | ||||
| Cash Flow From Operations | 1.4 B | ||||
| Short Ratio | 3.29 X | ||||
| Earnings Per Share | 4.29 X | ||||
| Price To Earnings To Growth | 4.43 X | ||||
| Target Price | 156.67 | ||||
| Number Of Employees | 7.62 K | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 31.92 B | ||||
| Total Asset | 27.46 B | ||||
| Retained Earnings | (379.01 M) | ||||
| Working Capital | (157.87 M) | ||||
| Current Asset | 244.2 M | ||||
| Current Liabilities | 120.92 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.13 % | ||||
| Net Asset | 27.46 B | ||||
| Last Dividend Paid | 6.48 |
About Extra Space Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Extra Space Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Extra Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Extra Space Storage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Extra Space Piotroski F Score and Extra Space Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extra Space. If investors know Extra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 6.48 | Earnings Share 4.29 | Revenue Per Share 15.478 | Quarterly Revenue Growth 0.587 |
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.