Extra Other Assets vs Long Term Debt Analysis

EXR Stock

USD 148.67 3.72 2.57%

Extra Space financial indicator trend analysis is much more than just examining Extra Space Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extra Space Storage is a good investment. Please check the relationship between Extra Space Other Assets and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extra Space Storage Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Extra Space's Other Assets and Long Term Debt is 0.9. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Extra Space Storage, assuming nothing else is changed. The correlation between historical values of Extra Space's Other Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Extra Space Storage are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Extra Space's Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Assets

Long Term Debt

Long-term debt is a debt that Extra Space Storage has held for over one year. Long-term debt appears on Extra Space Storage balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Extra Space Storage balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Extra Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extra Space Storage current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

At this time, Extra Space's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop slightly above 15.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.5B	2.5B	2.6B
Total Revenue	1.6B	1.9B	2.6B	2.7B

Gross Profit Total Revenue

Extra Space fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Other Stockholder Equity	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.44	-0.89	0.98	0.53	1.0	0.4	0.95	0.97	0.98	0.97	-0.27	0.88	0.97	0.76	-0.15	0.97	-0.49	1.0	0.92	0.42	0.89	-0.31	0.97	-0.15	0.93
Common Stock Shares Outstanding	0.44		-0.16	0.32	0.4	0.47	0.61	0.29	0.56	0.33	0.55	-0.86	0.7	0.53	0.32	-0.19	0.53	-0.53	0.45	0.31	0.58	0.35	-0.82	0.55	-0.19	0.23
Other Current Liab	-0.89	-0.16		-0.97	-0.21	-0.87	-0.19	-0.85	-0.75	-0.97	-0.75	0.04	-0.57	-0.76	-0.52	0.08	-0.76	0.49	-0.89	-0.89	-0.21	-0.71	0.12	-0.77	0.08	-0.99
Total Stockholder Equity	0.98	0.32	-0.97		0.39	0.96	0.31	0.93	0.89	1.0	0.89	-0.19	0.75	0.89	0.66	-0.1	0.89	-0.5	0.97	0.93	0.33	0.83	-0.26	0.9	-0.1	0.99
Other Liab	0.53	0.4	-0.21	0.39		0.55	0.45	0.62	0.6	0.39	0.65	-0.21	0.68	0.64	0.77	-0.18	0.64	-0.11	0.53	0.25	0.45	0.66	-0.17	0.62	-0.18	0.3
Accounts Payable	1.0	0.47	-0.87	0.96	0.55		0.42	0.95	0.97	0.96	0.98	-0.3	0.89	0.98	0.78	-0.14	0.98	-0.49	1.0	0.91	0.44	0.91	-0.34	0.98	-0.14	0.92
Cash	0.4	0.61	-0.19	0.31	0.45	0.42		0.39	0.47	0.32	0.48	-0.48	0.54	0.46	0.43	-0.36	0.46	-0.32	0.4	0.2	1.0	0.43	-0.45	0.46	-0.36	0.3
Other Assets	0.95	0.29	-0.85	0.93	0.62	0.95	0.39		0.9	0.93	0.92	-0.12	0.79	0.92	0.86	-0.09	0.92	-0.32	0.95	0.84	0.41	0.96	-0.17	0.9	-0.09	0.9
Long Term Debt	0.97	0.56	-0.75	0.89	0.6	0.97	0.47	0.9		0.89	1.0	-0.34	0.96	1.0	0.8	-0.2	1.0	-0.44	0.97	0.87	0.48	0.9	-0.36	1.0	-0.2	0.81
Other Stockholder Equity	0.98	0.33	-0.97	1.0	0.39	0.96	0.32	0.93	0.89		0.89	-0.2	0.76	0.89	0.65	-0.1	0.89	-0.52	0.97	0.92	0.33	0.82	-0.27	0.9	-0.1	0.99
Total Liab	0.97	0.55	-0.75	0.89	0.65	0.98	0.48	0.92	1.0	0.89		-0.34	0.96	1.0	0.83	-0.19	1.0	-0.45	0.97	0.85	0.49	0.91	-0.36	1.0	-0.19	0.82
Common Stock	-0.27	-0.86	0.04	-0.19	-0.21	-0.3	-0.48	-0.12	-0.34	-0.2	-0.34		-0.49	-0.32	-0.12	0.0	-0.32	0.59	-0.27	-0.16	-0.46	-0.16	0.99	-0.34	0.0	-0.13
Property Plant Equipment	0.88	0.7	-0.57	0.75	0.68	0.89	0.54	0.79	0.96	0.76	0.96	-0.49		0.96	0.77	-0.26	0.96	-0.44	0.88	0.74	0.54	0.82	-0.48	0.96	-0.26	0.65
Short Long Term Debt Total	0.97	0.53	-0.76	0.89	0.64	0.98	0.46	0.92	1.0	0.89	1.0	-0.32	0.96		0.83	-0.19	1.0	-0.45	0.97	0.86	0.48	0.9	-0.34	1.0	-0.19	0.82
Total Current Liabilities	0.76	0.32	-0.52	0.66	0.77	0.78	0.43	0.86	0.8	0.65	0.83	-0.12	0.77	0.83		-0.05	0.83	-0.19	0.76	0.62	0.44	0.92	-0.13	0.79	-0.05	0.59
Property Plant And Equipment Net	-0.15	-0.19	0.08	-0.1	-0.18	-0.14	-0.36	-0.09	-0.2	-0.1	-0.19	0.0	-0.26	-0.19	-0.05		-0.19	0.0	-0.15	-0.1	-0.36	-0.09	-0.05	-0.2	1.0	-0.07
Net Debt	0.97	0.53	-0.76	0.89	0.64	0.98	0.46	0.92	1.0	0.89	1.0	-0.32	0.96	1.0	0.83	-0.19		-0.45	0.97	0.86	0.47	0.9	-0.34	1.0	-0.19	0.82
Retained Earnings	-0.49	-0.53	0.49	-0.5	-0.11	-0.49	-0.32	-0.32	-0.44	-0.52	-0.45	0.59	-0.44	-0.45	-0.19	0.0	-0.45		-0.49	-0.42	-0.31	-0.16	0.62	-0.47	0.0	-0.51
Non Current Assets Total	1.0	0.45	-0.89	0.97	0.53	1.0	0.4	0.95	0.97	0.97	0.97	-0.27	0.88	0.97	0.76	-0.15	0.97	-0.49		0.91	0.42	0.89	-0.31	0.98	-0.15	0.93
Non Currrent Assets Other	0.92	0.31	-0.89	0.93	0.25	0.91	0.2	0.84	0.87	0.92	0.85	-0.16	0.74	0.86	0.62	-0.1	0.86	-0.42	0.91		0.22	0.78	-0.22	0.86	-0.1	0.9
Cash And Short Term Investments	0.42	0.58	-0.21	0.33	0.45	0.44	1.0	0.41	0.48	0.33	0.49	-0.46	0.54	0.48	0.44	-0.36	0.47	-0.31	0.42	0.22		0.44	-0.43	0.48	-0.36	0.32
Net Receivables	0.89	0.35	-0.71	0.83	0.66	0.91	0.43	0.96	0.9	0.82	0.91	-0.16	0.82	0.9	0.92	-0.09	0.9	-0.16	0.89	0.78	0.44		-0.19	0.89	-0.09	0.77
Common Stock Total Equity	-0.31	-0.82	0.12	-0.26	-0.17	-0.34	-0.45	-0.17	-0.36	-0.27	-0.36	0.99	-0.48	-0.34	-0.13	-0.05	-0.34	0.62	-0.31	-0.22	-0.43	-0.19		-0.36	-0.05	-0.21
Non Current Liabilities Total	0.97	0.55	-0.77	0.9	0.62	0.98	0.46	0.9	1.0	0.9	1.0	-0.34	0.96	1.0	0.79	-0.2	1.0	-0.47	0.98	0.86	0.48	0.89	-0.36		-0.2	0.83
Property Plant And Equipment Gross	-0.15	-0.19	0.08	-0.1	-0.18	-0.14	-0.36	-0.09	-0.2	-0.1	-0.19	0.0	-0.26	-0.19	-0.05	1.0	-0.19	0.0	-0.15	-0.1	-0.36	-0.09	-0.05	-0.2		-0.07
Total Current Assets	0.93	0.23	-0.99	0.99	0.3	0.92	0.3	0.9	0.81	0.99	0.82	-0.13	0.65	0.82	0.59	-0.07	0.82	-0.51	0.93	0.9	0.32	0.77	-0.21	0.83	-0.07

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Extra Space Account Relationship Matchups

Extra Space fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5B	9.4B	10.5B	12.2B	27.5B	28.8B
Common Stock Shares Outstanding	136.4M	129.6M	140.0M	141.7M	169.2M	102.0M
Liabilities And Stockholders Equity	8.5B	9.4B	10.5B	12.2B	27.5B	28.8B
Other Current Liab	45.3M	47.1M	63.6M	67.4M	(689.8M)	(655.3M)
Total Stockholder Equity	2.5B	2.5B	3.1B	3.3B	14.4B	15.1B
Other Liab	96.5M	272.8M	291.5M	144.0M	165.6M	173.9M
Accounts Payable	111.4M	130.0M	142.3M	171.7M	334.5M	351.2M
Cash	65.7M	109.1M	71.1M	92.9M	99.1M	65.3M
Other Assets	159.2M	9.3B	9.7B	11.0B	24.6B	25.8B
Long Term Debt	4.9B	4.8B	5.4B	7.3B	10.3B	10.9B
Other Stockholder Equity	2.9B	3.0B	3.3B	3.3B	14.8B	15.5B
Total Liab	5.6B	6.5B	6.7B	8.1B	12.0B	12.6B
Common Stock	1.3M	1.3M	1.3M	1.3M	2.1M	2.6M
Property Plant Equipment	7.7B	7.9B	9.1B	10.3B	11.8B	12.4B
Short Long Term Debt Total	5.3B	6.0B	6.2B	7.6B	11.4B	12.0B
Total Current Liabilities	314.6M	1.1B	740.9M	1.2B	1.1B	1.1B
Net Debt	5.3B	5.9B	6.1B	7.5B	11.3B	11.9B
Retained Earnings	(301.0M)	(354.9M)	(128.2M)	(135.9M)	(379.0M)	(360.1M)
Non Current Assets Total	8.5B	9.3B	10.4B	12.1B	26.5B	27.9B
Non Currrent Assets Other	162.1M	130.6M	159.2M	10.2B	23.7B	24.9B
Cash And Short Term Investments	65.7M	109.1M	71.1M	92.9M	99.1M	69.1M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.2M	981.5K
Non Current Liabilities Total	5.3B	5.3B	5.9B	6.9B	11.0B	11.5B
Total Current Assets	70.7M	128.0M	76.2M	92.9M	929.7M	976.2M
Short Term Debt	158M	949M	535M	945M	689.8M	464.8M
Accumulated Other Comprehensive Income	(29.0M)	(99.1M)	(42.5M)	48.8M	17.4M	18.3M
Other Current Assets	(70.7M)	(128.0M)	(495.4M)	55.2M	(838.5M)	(796.6M)
Intangible Assets	134.9M	137.1M	147.0M	21.6M	147.6M	91.0M
Net Tangible Assets	2.5B	2.5B	3.1B	3.1B	3.5B	2.3B
Noncontrolling Interest In Consolidated Entity	371.7M	381.7M	388.3M	669.5M	769.9M	808.4M
Retained Earnings Total Equity	(262.9M)	(301.0M)	(354.9M)	(128.2M)	(147.5M)	(154.9M)
Long Term Debt Total	4.9B	4.8B	6.0B	7.5B	8.6B	9.0B
Capital Surpluse	2.9B	3.0B	3.3B	3.3B	3.8B	2.6B

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Extra Other Assets vs Long Term Debt Analysis

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Other Assets

Long Term Debt

Extra Space fundamental ratios Correlations

Extra Space Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Extra Space fundamental ratios Accounts

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Additional Tools for Extra Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Long Term Debt

Total Current Assets	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.97	Other Current Liab
Total Stockholder Equity	- 0.97	Other Current Liab
Non Currrent Assets Other	- 0.89	Other Current Liab
Non Current Assets Total	- 0.89	Other Current Liab
Other Current Liab	- 0.89	Total Assets