National Net Receivables vs Short Long Term Debt Analysis

NSA-PB Stock   22.32  0.04  0.18%   
National Storage financial indicator trend analysis is infinitely more than just investigating National Storage Aff recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Storage Aff is a good investment. Please check the relationship between National Storage Net Receivables and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Short Long Term Debt

Net Receivables vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Storage Aff Net Receivables account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between National Storage's Net Receivables and Short Long Term Debt is 0.91. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of National Storage Affiliates, assuming nothing else is changed. The correlation between historical values of National Storage's Net Receivables and Short 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 Net Receivables of National Storage Affiliates are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Receivables i.e., National Storage's Net Receivables and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from National Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Storage Aff 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 2.7 M, whereas Selling General Administrative is forecasted to decline to about 58.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit430.4M590.5M629.1M538.7M
Total Revenue585.7M801.6M858.1M736.3M

National Storage fundamental ratios Correlations

0.990.96-0.640.99-0.90.950.820.990.980.95-0.610.950.980.350.991.00.57-0.640.970.690.650.080.850.79
0.990.99-0.610.96-0.830.910.721.00.930.93-0.520.980.930.320.950.990.5-0.611.00.580.53-0.060.870.77
0.960.99-0.650.91-0.770.870.640.980.870.86-0.510.990.870.310.910.960.42-0.650.990.540.45-0.110.910.69
-0.64-0.61-0.65-0.610.75-0.53-0.48-0.64-0.6-0.510.91-0.73-0.6-0.75-0.61-0.63-0.581.0-0.61-0.77-0.48-0.47-0.65-0.47
0.990.960.91-0.61-0.930.970.880.971.00.97-0.630.911.00.351.00.990.62-0.610.940.740.720.160.790.81
-0.9-0.83-0.770.75-0.93-0.88-0.9-0.86-0.95-0.890.84-0.81-0.95-0.56-0.94-0.89-0.780.75-0.79-0.9-0.82-0.46-0.67-0.79
0.950.910.87-0.530.97-0.880.930.910.970.89-0.610.840.970.150.970.950.45-0.530.880.760.810.220.840.65
0.820.720.64-0.480.88-0.90.930.740.910.8-0.690.630.910.180.880.810.54-0.480.670.870.960.510.630.6
0.991.00.98-0.640.97-0.860.910.740.940.94-0.560.980.940.380.970.990.56-0.640.990.610.55-0.020.850.8
0.980.930.87-0.61.0-0.950.970.910.940.96-0.660.881.00.351.00.970.65-0.60.90.770.770.230.760.81
0.950.930.86-0.510.97-0.890.890.80.940.96-0.520.870.960.420.970.950.73-0.510.910.620.60.040.650.92
-0.61-0.52-0.510.91-0.630.84-0.61-0.69-0.56-0.66-0.52-0.59-0.66-0.67-0.64-0.59-0.640.91-0.49-0.95-0.75-0.76-0.55-0.45
0.950.980.99-0.730.91-0.810.840.630.980.880.87-0.590.870.440.910.960.51-0.730.980.590.46-0.040.890.73
0.980.930.87-0.61.0-0.950.970.910.941.00.96-0.660.870.361.00.970.65-0.60.90.780.770.240.760.81
0.350.320.31-0.750.35-0.560.150.180.380.350.42-0.670.440.360.350.350.84-0.750.310.470.150.330.10.63
0.990.950.91-0.611.0-0.940.970.880.971.00.97-0.640.911.00.350.990.63-0.610.930.750.730.170.790.81
1.00.990.96-0.630.99-0.890.950.810.990.970.95-0.590.960.970.350.990.57-0.630.980.670.630.060.850.79
0.570.50.42-0.580.62-0.780.450.540.560.650.73-0.640.510.650.840.630.57-0.580.470.610.450.360.130.88
-0.64-0.61-0.651.0-0.610.75-0.53-0.48-0.64-0.6-0.510.91-0.73-0.6-0.75-0.61-0.63-0.58-0.61-0.77-0.48-0.47-0.65-0.47
0.971.00.99-0.610.94-0.790.880.670.990.90.91-0.490.980.90.310.930.980.47-0.610.530.47-0.120.870.75
0.690.580.54-0.770.74-0.90.760.870.610.770.62-0.950.590.780.470.750.670.61-0.770.530.920.780.590.48
0.650.530.45-0.480.72-0.820.810.960.550.770.6-0.750.460.770.150.730.630.45-0.480.470.920.720.530.39
0.08-0.06-0.11-0.470.16-0.460.220.51-0.020.230.04-0.76-0.040.240.330.170.060.36-0.47-0.120.780.720.05-0.01
0.850.870.91-0.650.79-0.670.840.630.850.760.65-0.550.890.760.10.790.850.13-0.650.870.590.530.050.37
0.790.770.69-0.470.81-0.790.650.60.80.810.92-0.450.730.810.630.810.790.88-0.470.750.480.39-0.010.37
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National Storage Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Please note, there is a significant difference between National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage'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.