Extra Space Storage Stock

Extra Space Storage Debt 2024

Extra Space Storage Debt

11,061.29 USD

Ticker

EXR

ISIN

US30225T1025

WKN

A0B7S6

In 2024, Extra Space Storage's total debt was 11,061.29 USD, a 49.8% change from the 7,384 USD total debt recorded in the previous year.

Extra Space Storage Aktienanalyse

What does Extra Space Storage do?

Extra Space Storage Inc. is a US-based company founded in 1977, headquartered in Salt Lake City, Utah. Originally specializing in the management of industrial and commercial properties, the company has recently focused on the rental of storage space and self-storage solutions. The business model of Extra Space Storage is based on satisfying tenants with the required amount of storage space and a high level of service while generating rental income. The company has a wider network of locations than any other provider of self-storage solutions in the US, offering a variety of storage options including traditional units, climate-controlled units, and self-locking units. Extra Space Storage has over 2,000 locations in the US and Puerto Rico, providing customers with over 1.3 million storage units. The company is expanding its presence in Europe. Extra Space Storage offers a variety of services to meet customer needs, including providing protective covers, packaging materials, secure shredding, and logistics services. Customers can rent storage space online or on-site, and the business models are tailored to the needs of individuals, businesses, and professionals. One aspect that sets Extra Space Storage apart from other providers is its strong investment in technology. The company focuses on an optimized online booking experience and digital overview and payment options. Customers can manage their storage facilities online, and the facilities have cameras, burglar alarms, and fire alarms to ensure security. Extra Space Storage is also committed to supporting a sustainable future and has implemented solar energy and energy efficiency measures in many of its facilities. Overall, Extra Space Storage has become one of the largest and most successful operators of storage space and self-storage solutions. With its wide range of locations, services, and technologies, the company continues to position itself as a leading brand in the industry, aiming to meet the needs of individuals and businesses. Extra Space Storage ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Extra Space Storage's Debt Structure

Extra Space Storage's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Extra Space Storage's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Extra Space Storage’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Extra Space Storage’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Extra Space Storage stock

What is the debt of Extra Space Storage this year?

Extra Space Storage has a debt level of 11,061.29 USD this year.

What was the debt of Extra Space Storage compared to the previous year?

The debt of Extra Space Storage has increased by 49.8% compared to the previous year increased.

What are the consequences of high debt for investors in Extra Space Storage?

High debt can pose a risk for investors of Extra Space Storage, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Extra Space Storage?

Low debt means that Extra Space Storage has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Extra Space Storage affect the company?

An increase in debt of Extra Space Storage can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Extra Space Storage affect the company?

A reduction in debt of Extra Space Storage can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Extra Space Storage?

Some factors that can influence the debt of Extra Space Storage include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Extra Space Storage so important for investors?

The debts of Extra Space Storage are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Extra Space Storage take to change the debt?

To change the debt, Extra Space Storage can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Extra Space Storage pay?

Over the past 12 months, Extra Space Storage paid a dividend of 6.48 USD . This corresponds to a dividend yield of about 3.75 %. For the coming 12 months, Extra Space Storage is expected to pay a dividend of 6.6 USD.

What is the dividend yield of Extra Space Storage?

The current dividend yield of Extra Space Storage is 3.75 %.

When does Extra Space Storage pay dividends?

Extra Space Storage pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Extra Space Storage?

Extra Space Storage paid dividends every year for the past 26 years.

What is the dividend of Extra Space Storage?

For the upcoming 12 months, dividends amounting to 6.6 USD are expected. This corresponds to a dividend yield of 3.82 %.

In which sector is Extra Space Storage located?

Extra Space Storage is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Extra Space Storage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Extra Space Storage from 12/31/2024 amounting to 1.62 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2024.

When did Extra Space Storage pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Extra Space Storage in the year 2023?

In the year 2023, Extra Space Storage distributed 6 USD as dividends.

In which currency does Extra Space Storage pay out the dividend?

The dividends of Extra Space Storage are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Extra Space Storage stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Extra Space Storage

Our stock analysis for Extra Space Storage Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Extra Space Storage Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.