Extra Short Long Term Debt Total from 2010 to 2024

EXR Stock  USD 166.88  1.84  1.11%   
Extra Space Short and Long Term Debt Total yearly trend continues to be relatively stable with very little volatility. Short and Long Term Debt Total is likely to grow to about 12 B this year. During the period from 2010 to 2024, Extra Space Short and Long Term Debt Total destribution of quarterly values had range of 11.4 B from its regression line and mean deviation of  2,640,159,171. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
2003-12-31
Previous Quarter
11.7 B
Current Value
12.2 B
Quarterly Volatility
2.9 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Extra Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Extra Space's main balance sheet or income statement drivers, such as Depreciation And Amortization of 531.4 M, Interest Expense of 459.7 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 6.04, Dividend Yield of 0.0442 or PTB Ratio of 2.15. Extra financial statements analysis is a perfect complement when working with Extra Space Valuation or Volatility modules.
  
Check out the analysis of Extra Space Correlation against competitors.

Latest Extra Space's Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Extra Space Storage over the last few years. It is Extra Space's Short and Long Term Debt Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Extra Space's overall financial position and show how it may be relating to other accounts over time.
Short Long Term Debt Total10 Years Trend
Slightly volatile
   Short Long Term Debt Total   
       Timeline  

Extra Short Long Term Debt Total Regression Statistics

Arithmetic Mean4,979,352,420
Geometric Mean3,767,296,953
Coefficient Of Variation69.69
Mean Deviation2,640,159,171
Median4,554,217,000
Standard Deviation3,470,048,157
Sample Variance12041234.2T
Range11.4B
R-Value0.96
Mean Square Error1103775.8T
R-Squared0.91
Slope742,169,104
Total Sum of Squares168577279T

Extra Short Long Term Debt Total History

202412 B
202311.4 B
20228.4 B
20216.6 B
2020B
20195.3 B
20184.8 B

About Extra Space Financial Statements

Extra Space shareholders use historical fundamental indicators, such as Short Long Term Debt Total, to determine how well the company is positioned to perform in the future. Although Extra Space investors may analyze each financial statement separately, they are all interrelated. The changes in Extra Space's assets and liabilities, for example, are also reflected in the revenues and expenses on on Extra Space's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Short and Long Term Debt Total11.4 B12 B

Pair Trading with Extra Space

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extra Stock

  0.83FR First Industrial RealtyPairCorr

Moving against Extra Stock

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  0.64UE Urban Edge Properties Sell-off TrendPairCorr
  0.55WELL WelltowerPairCorr
  0.44EQIX EquinixPairCorr
  0.36AAT American Assets TrustPairCorr
The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Extra Stock Analysis

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.