National Net Interest Income vs Other Operating Expenses Analysis

NSA Stock  USD 44.35  0.19  0.43%   
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 Interest Income and its Other Operating Expenses 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 state.

Net Interest Income vs Other Operating Expenses

Net Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Storage Aff Net Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between National Storage's Net Interest Income and Other Operating Expenses is -0.67. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Other Operating Expenses 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 Interest Income and Other Operating Expenses 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 Interest Income of National Storage Affiliates are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Interest Income i.e., National Storage's Net Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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.
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 state.
At present, National Storage's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.11, whereas Selling General Administrative is forecasted to decline to about 34.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit430.4M590.5M629.1M660.5M
Total Revenue585.7M801.6M858.1M901.0M

National Storage fundamental ratios Correlations

0.99-0.160.920.980.980.91-0.890.711.00.590.610.880.920.90.190.910.420.970.870.680.990.560.950.980.88
0.99-0.160.940.960.950.91-0.890.710.990.640.610.880.910.90.240.910.420.960.860.730.990.580.940.960.85
-0.16-0.16-0.05-0.14-0.16-0.10.180.02-0.170.130.06-0.11-0.06-0.130.6-0.110.11-0.1-0.09-0.36-0.21-0.67-0.2-0.09-0.3
0.920.94-0.050.90.870.85-0.780.640.920.590.550.790.880.810.40.840.370.910.750.730.90.550.90.90.69
0.980.96-0.140.90.970.87-0.830.640.990.480.540.840.890.860.160.870.330.940.830.70.940.590.950.980.88
0.980.95-0.160.870.970.88-0.850.720.970.540.630.870.920.870.130.880.450.960.870.550.960.490.930.980.89
0.910.91-0.10.850.870.88-0.980.910.90.790.850.980.851.00.291.00.690.890.980.540.920.480.870.890.81
-0.89-0.890.18-0.78-0.83-0.85-0.98-0.91-0.87-0.78-0.85-0.98-0.81-0.99-0.18-0.98-0.71-0.88-0.98-0.52-0.92-0.48-0.84-0.86-0.85
0.710.710.020.640.640.720.91-0.910.680.840.990.910.720.920.310.910.920.740.930.180.760.210.670.710.64
1.00.99-0.170.920.990.970.9-0.870.680.570.580.870.90.890.170.90.370.950.860.720.980.580.950.980.89
0.590.640.130.590.480.540.79-0.780.840.570.820.820.520.790.560.790.750.590.780.260.660.00.450.540.44
0.610.610.060.550.540.630.85-0.850.990.580.820.850.660.860.320.850.970.660.870.050.670.140.590.620.55
0.880.88-0.110.790.840.870.98-0.980.910.870.820.850.780.980.260.980.70.880.980.480.910.380.80.850.84
0.920.91-0.060.880.890.920.85-0.810.720.90.520.660.780.830.230.850.530.90.80.520.90.540.940.950.74
0.90.9-0.130.810.860.871.0-0.990.920.890.790.860.980.830.241.00.710.880.990.520.920.470.860.880.83
0.190.240.60.40.160.130.29-0.180.310.170.560.320.260.230.240.280.320.20.170.120.17-0.230.10.23-0.12
0.910.91-0.110.840.870.881.0-0.980.910.90.790.850.980.851.00.280.70.890.980.540.920.480.870.890.82
0.420.420.110.370.330.450.69-0.710.920.370.750.970.70.530.710.320.70.490.73-0.160.490.00.410.450.37
0.970.96-0.10.910.940.960.89-0.880.740.950.590.660.880.90.880.20.890.490.870.590.970.50.930.950.87
0.870.86-0.090.750.830.870.98-0.980.930.860.780.870.980.80.990.170.980.730.870.420.90.380.820.850.84
0.680.73-0.360.730.70.550.54-0.520.180.720.260.050.480.520.520.120.54-0.160.590.420.640.780.690.620.54
0.990.99-0.210.90.940.960.92-0.920.760.980.660.670.910.90.920.170.920.490.970.90.640.540.930.960.89
0.560.58-0.670.550.590.490.48-0.480.210.580.00.140.380.540.47-0.230.480.00.50.380.780.540.70.540.54
0.950.94-0.20.90.950.930.87-0.840.670.950.450.590.80.940.860.10.870.410.930.820.690.930.70.960.82
0.980.96-0.090.90.980.980.89-0.860.710.980.540.620.850.950.880.230.890.450.950.850.620.960.540.960.86
0.880.85-0.30.690.880.890.81-0.850.640.890.440.550.840.740.83-0.120.820.370.870.840.540.890.540.820.86
Click cells to compare fundamentals

National Storage Account Relationship Matchups

National Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.5B5.6B6.1B5.9B3.1B
Short Long Term Debt Total1.6B2.2B3.5B4.0B3.7B1.9B
Other Current Liab(24.7M)(1.8B)(39.4M)(80.4M)(3.6M)(3.8M)
Total Current Liabilities73.4M237.5M571.5M599.6M501.1M256.0M
Total Stockholder Equity919.6M969.0M1.8B1.6B1.4B876.6M
Current Deferred Revenue15.5M16.4M22.2M23.2M27.4M14.6M
Net Debt1.5B1.9B2.9B3.5B3.6B3.8B
Retained Earnings(197.1M)(251.7M)(291.3M)(396.7M)(449.9M)(427.4M)
Cash20.6M18.7M25.0M35.3M65.0M68.2M
Non Current Assets Total3.1B3.5B5.5B6.0B5.2B3.0B
Non Currrent Assets Other65.4M68.1M102.4M5.7B4.9B5.2B
Cash And Short Term Investments20.6M18.7M25.0M35.3M94.6M99.3M
Net Receivables10.3M11.5M13.1M22.7M22.1M23.2M
Common Stock Shares Outstanding58.2M66.6M134.5M91.2M146.0M75.8M
Liabilities And Stockholders Equity3.1B3.5B5.6B6.1B5.9B3.1B
Non Current Liabilities Total1.6B1.8B2.5B3.1B3.3B3.5B
Other Current Assets(34.6M)(33.2M)9.6M26.2M14.7M15.5M
Total Liab1.6B2.1B3.1B3.7B3.8B4.0B
Total Current Assets24.3M21.7M27.9M42.2M704.3M739.5M
Other Liab15.5M16.4M22.2M23.2M26.7M15.7M
Accounts Payable57.9M47.0M59.3M80.4M92.8M97.4M
Other Assets7.7M3.5B5.5B6.0B29.6M28.1M
Long Term Debt1.5B2.0B2.5B3.1B3.3B1.7B
Intangible Assets29.5M38.6M69.3M46.2M56.7M31.4M
Net Tangible Assets701.5M750.6M1.6B1.4B1.6B806.2M
Property Plant And Equipment Net23.3M23.1M22.2M23.8M25.0M16.6M
Deferred Long Term Liab15.5M16.4M2.4M1.4M1.3M1.2M
Property Plant And Equipment Gross25.2M24.8M22.2M23.8M25.0M13.9M
Short Long Term Debt58.6M174M490M496M381M307.8M
Short Term Debt24.7M174M490M496M384.6M263.8M
Property Plant Equipment2.8B3.2B5.2B5.6B6.5B6.8B
Noncontrolling Interest In Consolidated Entity485.5M532.5M461.5M707.2M813.3M518.3M
Common Stock Total Equity567K597K713K912K1.0M621.2K
Retained Earnings Total Equity(114.1M)(197.1M)(251.7M)(291.3M)(262.1M)(249.0M)
Long Term Debt Total1.5B2.0B3.0B3.6B4.1B4.3B
Capital Surpluse905.8M1.1B1.9B1.8B2.0B1.1B
Inventory(980K)1.0(19.8M)(41.9M)572.9M601.6M

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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.