National Historical Income Statement

NSA Stock  USD 45.38  0.30  0.67%   
Historical analysis of National Storage income statement accounts such as Total Revenue of 901 M can show how well National Storage Affiliates performed in making a profits. Evaluating National Storage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of National Storage's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining National Storage Aff latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Storage Aff is a good buy for the upcoming year.
  
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 state.

About National Income Statement Analysis

National Storage Aff Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to National Storage shareholders. The income statement also shows National investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

National Storage Income Statement Chart

At present, National Storage's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 901 M, whereas Depreciation And Amortization is forecasted to decline to about 175.8 M.

Total Revenue

Total revenue comprises all receipts National Storage Aff generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of National Storage Affiliates minus its cost of goods sold. It is profit before National Storage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of National Storage Aff. It is also known as National Storage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in National Storage Aff financial statement analysis. It represents the amount of money remaining after all of National Storage Affiliates operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of National Storage Affiliates whose combined shares represent less than 50% of the total outstanding shares issued by National Storage have a minority interest in National Storage.
Most accounts from National Storage's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 state.
At present, National Storage's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 901 M, whereas Depreciation And Amortization is forecasted to decline to about 175.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit430.4M590.5M629.1M660.5M
Total Revenue585.7M801.6M858.1M901.0M

National Storage income statement Correlations

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Click cells to compare fundamentals

National Storage Account Relationship Matchups

National Storage income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization105.1M270.6M367.4M505.6M222.0M175.8M
Interest Expense56.5M62.6M72.1M110.6M166.1M174.5M
Selling General Administrative45.6M43.6M51.0M59.3M59.3M34.9M
Total Revenue387.9M432.2M585.7M801.6M858.1M901.0M
Gross Profit277.5M308.7M430.4M590.5M629.1M660.5M
Other Operating Expenses261.0M285.1M367.4M512.0M289.9M245.5M
Operating Income122.3M146.2M222.6M296.3M575.7M604.5M
Ebit122.3M(7.2M)13.5M23.9M336.2M353.0M
Ebitda227.5M263.3M380.9M529.5M558.2M586.1M
Cost Of Revenue110.3M123.5M155.3M211.0M229.0M240.4M
Total Operating Expenses150.7M161.6M212.2M301.0M74.6M130.2M
Income Before Tax67.4M81.1M148.6M188.5M238.6M250.5M
Total Other Income Expense Net(55.0M)(66.0M)(69.6M)(101.1M)(337.1M)(320.3M)
Net Income66.0M79.5M146.9M183.8M156.7M164.5M
Income Tax Expense1.4M1.7M1.7M4.7M1.6M1.7M
Net Income From Continuing Ops66.0M79.5M146.9M183.8M237.0M248.8M
Net Income Applicable To Common Shares(8.4M)35.5M92.1M90.3M103.8M109.0M
Minority Interest62.0M30.9M(41.7M)(80.0M)(80.3M)(76.3M)
Tax Provision1.4M1.7M1.7M4.7M1.6M1.7M
Interest Income61.4M62.3M66.8M102.9M118.3M124.2M
Non Operating Income Net Other(1.8M)(3.0M)(3.4M)2.4M2.8M3.0M
Net Interest Income(56.5M)(62.6M)(72.1M)(110.6M)(166.1M)(157.8M)
Preferred Stock And Other Adjustments10.4M12.4M13.1M13.1M15.1M11.3M
Reconciled Depreciation105.1M117.2M158.3M233.2M222.0M157.1M

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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 state.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Self-Storage REITs space 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 National Storage. If investors know National 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 National Storage 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
(0.30)
Dividend Share
2.24
Earnings Share
1.74
Revenue Per Share
10.033
Quarterly Revenue Growth
(0.15)
The market value of National Storage Aff is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Storage's value that differs from its market value or its book value, called intrinsic value, which is National Storage'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 National Storage's market value can be influenced by many factors that don't directly affect National Storage'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 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.