Extra Invested Capital Average vs Average Assets Analysis

EXR Stock

USD 132.46 1.74 1.30%

Trend analysis of Extra Space Storage balance sheet accounts such as Liabilities And Stockholders Equity of 28.8 B or Total Stockholder Equity of 15.1 B provides information on Extra Space's total assets, liabilities, and equity, which is the actual value of Extra Space Storage to its prevalent stockholders. By breaking down trends over time using Extra Space balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Total Assets Other Assets

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

About Extra Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Extra Space Storage at a specified time, usually calculated after every quarter, six months, or one year. Extra Space Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Extra Space and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Extra currently owns. An asset can also be divided into two categories, current and non-current.

Extra Space Balance Sheet Chart

Extra Space Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Extra Space Storage uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Extra Space's Other Stockholder Equity is relatively stable compared to the past year. As of 04/20/2024, Total Liabilities is likely to grow to about 12.6 B, though Other Current Liabilities is likely to grow to (655.3 M).

Total Assets Common Stock Shares Outstanding Total Stockholder Equity Other Liab Long Term Debt Total

Add Fundamental

Total Assets

Total assets refers to the total amount of Extra Space assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Extra Space Storage books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Extra Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extra Space Storage 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

At this time, Extra Space's Selling General Administrative is relatively stable compared to the past year. As of 04/20/2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop slightly above 15.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.5B	2.5B	2.6B
Total Revenue	1.6B	1.9B	2.6B	2.7B

Gross Profit Total Revenue

Extra Space fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Other Stockholder Equity	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.44	-0.89	0.98	0.53	1.0	0.4	0.95	0.97	0.98	0.97	-0.27	0.88	0.97	0.76	-0.15	0.97	-0.49	1.0	0.92	0.42	0.89	-0.31	0.97	-0.15	0.93
Common Stock Shares Outstanding	0.44		-0.16	0.32	0.4	0.47	0.61	0.29	0.56	0.33	0.55	-0.86	0.7	0.53	0.32	-0.19	0.53	-0.53	0.45	0.31	0.58	0.35	-0.82	0.55	-0.19	0.23
Other Current Liab	-0.89	-0.16		-0.97	-0.21	-0.87	-0.19	-0.85	-0.75	-0.97	-0.75	0.04	-0.57	-0.76	-0.52	0.08	-0.76	0.49	-0.89	-0.89	-0.21	-0.71	0.12	-0.77	0.08	-0.99
Total Stockholder Equity	0.98	0.32	-0.97		0.39	0.96	0.31	0.93	0.89	1.0	0.89	-0.19	0.75	0.89	0.66	-0.1	0.89	-0.5	0.97	0.93	0.33	0.83	-0.26	0.9	-0.1	0.99
Other Liab	0.53	0.4	-0.21	0.39		0.55	0.45	0.62	0.6	0.39	0.65	-0.21	0.68	0.64	0.77	-0.18	0.64	-0.11	0.53	0.25	0.45	0.66	-0.17	0.62	-0.18	0.3
Accounts Payable	1.0	0.47	-0.87	0.96	0.55		0.42	0.95	0.97	0.96	0.98	-0.3	0.89	0.98	0.78	-0.14	0.98	-0.49	1.0	0.91	0.44	0.91	-0.34	0.98	-0.14	0.92
Cash	0.4	0.61	-0.19	0.31	0.45	0.42		0.39	0.47	0.32	0.48	-0.48	0.54	0.46	0.43	-0.36	0.46	-0.32	0.4	0.2	1.0	0.43	-0.45	0.46	-0.36	0.3
Other Assets	0.95	0.29	-0.85	0.93	0.62	0.95	0.39		0.9	0.93	0.92	-0.12	0.79	0.92	0.86	-0.09	0.92	-0.32	0.95	0.84	0.41	0.96	-0.17	0.9	-0.09	0.9
Long Term Debt	0.97	0.56	-0.75	0.89	0.6	0.97	0.47	0.9		0.89	1.0	-0.34	0.96	1.0	0.8	-0.2	1.0	-0.44	0.97	0.87	0.48	0.9	-0.36	1.0	-0.2	0.81
Other Stockholder Equity	0.98	0.33	-0.97	1.0	0.39	0.96	0.32	0.93	0.89		0.89	-0.2	0.76	0.89	0.65	-0.1	0.89	-0.52	0.97	0.92	0.33	0.82	-0.27	0.9	-0.1	0.99
Total Liab	0.97	0.55	-0.75	0.89	0.65	0.98	0.48	0.92	1.0	0.89		-0.34	0.96	1.0	0.83	-0.19	1.0	-0.45	0.97	0.85	0.49	0.91	-0.36	1.0	-0.19	0.82
Common Stock	-0.27	-0.86	0.04	-0.19	-0.21	-0.3	-0.48	-0.12	-0.34	-0.2	-0.34		-0.49	-0.32	-0.12	0.0	-0.32	0.59	-0.27	-0.16	-0.46	-0.16	0.99	-0.34	0.0	-0.13
Property Plant Equipment	0.88	0.7	-0.57	0.75	0.68	0.89	0.54	0.79	0.96	0.76	0.96	-0.49		0.96	0.77	-0.26	0.96	-0.44	0.88	0.74	0.54	0.82	-0.48	0.96	-0.26	0.65
Short Long Term Debt Total	0.97	0.53	-0.76	0.89	0.64	0.98	0.46	0.92	1.0	0.89	1.0	-0.32	0.96		0.83	-0.19	1.0	-0.45	0.97	0.86	0.48	0.9	-0.34	1.0	-0.19	0.82
Total Current Liabilities	0.76	0.32	-0.52	0.66	0.77	0.78	0.43	0.86	0.8	0.65	0.83	-0.12	0.77	0.83		-0.05	0.83	-0.19	0.76	0.62	0.44	0.92	-0.13	0.79	-0.05	0.59
Property Plant And Equipment Net	-0.15	-0.19	0.08	-0.1	-0.18	-0.14	-0.36	-0.09	-0.2	-0.1	-0.19	0.0	-0.26	-0.19	-0.05		-0.19	0.0	-0.15	-0.1	-0.36	-0.09	-0.05	-0.2	1.0	-0.07
Net Debt	0.97	0.53	-0.76	0.89	0.64	0.98	0.46	0.92	1.0	0.89	1.0	-0.32	0.96	1.0	0.83	-0.19		-0.45	0.97	0.86	0.47	0.9	-0.34	1.0	-0.19	0.82
Retained Earnings	-0.49	-0.53	0.49	-0.5	-0.11	-0.49	-0.32	-0.32	-0.44	-0.52	-0.45	0.59	-0.44	-0.45	-0.19	0.0	-0.45		-0.49	-0.42	-0.31	-0.16	0.62	-0.47	0.0	-0.51
Non Current Assets Total	1.0	0.45	-0.89	0.97	0.53	1.0	0.4	0.95	0.97	0.97	0.97	-0.27	0.88	0.97	0.76	-0.15	0.97	-0.49		0.91	0.42	0.89	-0.31	0.98	-0.15	0.93
Non Currrent Assets Other	0.92	0.31	-0.89	0.93	0.25	0.91	0.2	0.84	0.87	0.92	0.85	-0.16	0.74	0.86	0.62	-0.1	0.86	-0.42	0.91		0.22	0.78	-0.22	0.86	-0.1	0.9
Cash And Short Term Investments	0.42	0.58	-0.21	0.33	0.45	0.44	1.0	0.41	0.48	0.33	0.49	-0.46	0.54	0.48	0.44	-0.36	0.47	-0.31	0.42	0.22		0.44	-0.43	0.48	-0.36	0.32
Net Receivables	0.89	0.35	-0.71	0.83	0.66	0.91	0.43	0.96	0.9	0.82	0.91	-0.16	0.82	0.9	0.92	-0.09	0.9	-0.16	0.89	0.78	0.44		-0.19	0.89	-0.09	0.77
Common Stock Total Equity	-0.31	-0.82	0.12	-0.26	-0.17	-0.34	-0.45	-0.17	-0.36	-0.27	-0.36	0.99	-0.48	-0.34	-0.13	-0.05	-0.34	0.62	-0.31	-0.22	-0.43	-0.19		-0.36	-0.05	-0.21
Non Current Liabilities Total	0.97	0.55	-0.77	0.9	0.62	0.98	0.46	0.9	1.0	0.9	1.0	-0.34	0.96	1.0	0.79	-0.2	1.0	-0.47	0.98	0.86	0.48	0.89	-0.36		-0.2	0.83
Property Plant And Equipment Gross	-0.15	-0.19	0.08	-0.1	-0.18	-0.14	-0.36	-0.09	-0.2	-0.1	-0.19	0.0	-0.26	-0.19	-0.05	1.0	-0.19	0.0	-0.15	-0.1	-0.36	-0.09	-0.05	-0.2		-0.07
Total Current Assets	0.93	0.23	-0.99	0.99	0.3	0.92	0.3	0.9	0.81	0.99	0.82	-0.13	0.65	0.82	0.59	-0.07	0.82	-0.51	0.93	0.9	0.32	0.77	-0.21	0.83	-0.07

Click cells to compare fundamentals

Extra Space Account Relationship Matchups

Extra Space fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5B	9.4B	10.5B	12.2B	27.5B	28.8B
Common Stock Shares Outstanding	136.4M	129.6M	140.0M	141.7M	169.2M	102.0M
Liabilities And Stockholders Equity	8.5B	9.4B	10.5B	12.2B	27.5B	28.8B
Other Current Liab	45.3M	47.1M	63.6M	67.4M	(689.8M)	(655.3M)
Total Stockholder Equity	2.5B	2.5B	3.1B	3.3B	14.4B	15.1B
Other Liab	96.5M	272.8M	291.5M	144.0M	165.6M	173.9M
Accounts Payable	111.4M	130.0M	142.3M	171.7M	334.5M	351.2M
Cash	65.7M	109.1M	71.1M	92.9M	99.1M	65.3M
Other Assets	159.2M	9.3B	9.7B	11.0B	24.6B	25.8B
Long Term Debt	4.9B	4.8B	5.4B	7.3B	10.3B	10.9B
Other Stockholder Equity	2.9B	3.0B	3.3B	3.3B	14.8B	15.5B
Total Liab	5.6B	6.5B	6.7B	8.1B	12.0B	12.6B
Common Stock	1.3M	1.3M	1.3M	1.3M	2.1M	2.6M
Property Plant Equipment	7.7B	7.9B	9.1B	10.3B	11.8B	12.4B
Short Long Term Debt Total	5.3B	6.0B	6.2B	7.6B	11.4B	12.0B
Total Current Liabilities	314.6M	1.1B	740.9M	1.2B	1.1B	1.1B
Net Debt	5.3B	5.9B	6.1B	7.5B	11.3B	11.9B
Retained Earnings	(301.0M)	(354.9M)	(128.2M)	(135.9M)	(379.0M)	(360.1M)
Non Current Assets Total	8.5B	9.3B	10.4B	12.1B	26.5B	27.9B
Non Currrent Assets Other	162.1M	130.6M	159.2M	10.2B	23.7B	24.9B
Cash And Short Term Investments	65.7M	109.1M	71.1M	92.9M	99.1M	69.1M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.2M	981.5K
Non Current Liabilities Total	5.3B	5.3B	5.9B	6.9B	11.0B	11.5B
Total Current Assets	70.7M	128.0M	76.2M	92.9M	929.7M	976.2M
Short Term Debt	158M	949M	535M	945M	689.8M	464.8M
Accumulated Other Comprehensive Income	(29.0M)	(99.1M)	(42.5M)	48.8M	17.4M	18.3M
Other Current Assets	(70.7M)	(128.0M)	(495.4M)	55.2M	(838.5M)	(796.6M)
Intangible Assets	134.9M	137.1M	147.0M	21.6M	147.6M	91.0M
Net Tangible Assets	2.5B	2.5B	3.1B	3.1B	3.5B	2.3B
Noncontrolling Interest In Consolidated Entity	371.7M	381.7M	388.3M	669.5M	769.9M	808.4M
Retained Earnings Total Equity	(262.9M)	(301.0M)	(354.9M)	(128.2M)	(147.5M)	(154.9M)
Long Term Debt Total	4.9B	4.8B	6.0B	7.5B	8.6B	9.0B
Capital Surpluse	2.9B	3.0B	3.3B	3.3B	3.8B	2.6B

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

0.68

BFS

Saul Centers

Pair Corr

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 Correlation Correlation Matching

When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:

How To Invest In Extra

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Is Extra Stock a good investment?

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What is Extra Space's Net Worth?

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You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.

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Is Extra Space's industry 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 Extra Space. If investors know Extra 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 Extra Space 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

(0.35)

Dividend Share

6.48

Earnings Share

4.74

Revenue Per Share

15.454

Quarterly Revenue Growth

0.572

The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space'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 Extra Space's market value can be influenced by many factors that don't directly affect Extra Space'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 Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space'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.

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Extra Invested Capital Average vs Average Assets Analysis

About Extra Balance Sheet Analysis

Extra Space Balance Sheet Chart

Total Assets

Common Stock Shares Outstanding

Total Stockholder Equity

Extra Space fundamental ratios Correlations

Extra Space Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Extra Space fundamental ratios Accounts

Pair Trading with Extra Space

Moving together with Extra Stock

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Long Term Debt

Total Current Assets	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.97	Other Current Liab
Total Stockholder Equity	- 0.97	Other Current Liab
Non Currrent Assets Other	- 0.89	Other Current Liab
Non Current Assets Total	- 0.89	Other Current Liab
Other Current Liab	- 0.89	Total Assets