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National Storage REIT (AU:NSR)
ASX:NSR
Australian Market
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National Storage REIT (NSR) Ratios

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National Storage REIT Ratios

AU:NSR's free cash flow for Q4 2025 was AU$0.68. For the 2025 fiscal year, AU:NSR's free cash flow was decreased by AU$ and operating cash flow was AU$0.61. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.55 1.54 2.49 3.20 4.33
Quick Ratio
0.55 1.53 2.41 3.13 4.27
Cash Ratio
0.14 0.37 2.49 3.20 4.33
Solvency Ratio
0.07 0.14 0.27 0.51 0.32
Operating Cash Flow Ratio
0.37 0.83 5.30 5.41 5.13
Short-Term Operating Cash Flow Coverage
0.57 0.00 12.70 13.28 12.58
Net Current Asset Value
AU$ -1.90BAU$ -1.43BAU$ -1.13BAU$ -1.13BAU$ -871.32M
Leverage Ratios
Debt-to-Assets Ratio
0.34 0.29 0.23 0.27 0.27
Debt-to-Equity Ratio
5.86 4.88 0.31 0.38 0.38
Debt-to-Capital Ratio
0.85 0.83 0.24 0.28 0.28
Long-Term Debt-to-Capital Ratio
0.82 0.82 0.22 0.26 0.25
Financial Leverage Ratio
17.21 16.92 1.35 1.43 1.42
Debt Service Coverage Ratio
0.66 5.90 3.26 3.85 2.91
Interest Coverage Ratio
0.00 5.75 4.33 5.66 3.77
Debt to Market Cap
0.57 0.45 0.33 0.39 0.38
Interest Debt Per Share
1.42 1.13 0.87 0.93 0.88
Net Debt to EBITDA
8.91 4.91 4.97 6.53 6.92
Profitability Margins
Gross Profit Margin
84.75%98.46%97.98%97.06%97.19%
EBIT Margin
59.83%81.57%113.81%236.49%156.83%
EBITDA Margin
59.83%82.35%59.16%54.89%51.29%
Operating Profit Margin
54.27%77.18%58.31%53.74%50.21%
Pretax Profit Margin
69.39%68.16%100.85%226.26%142.89%
Net Profit Margin
44.05%64.92%96.67%223.20%142.23%
Continuous Operations Profit Margin
65.95%64.92%96.68%223.20%142.23%
Net Income Per EBT
63.49%95.25%95.86%98.65%99.54%
EBT Per EBIT
127.84%88.30%172.95%420.99%284.57%
Return on Assets (ROA)
2.72%4.46%6.99%15.31%9.52%
Return on Equity (ROE)
48.27%75.43%9.46%21.86%13.56%
Return on Capital Employed (ROCE)
3.65%5.46%4.24%3.71%3.39%
Return on Invested Capital (ROIC)
3.27%5.19%4.12%3.71%3.41%
Return on Tangible Assets
2.74%4.50%7.13%15.66%9.80%
Earnings Yield
4.70%7.35%10.97%24.36%15.32%
Efficiency Ratios
Receivables Turnover
26.32 19.56 0.00 0.00 0.00
Payables Turnover
546.00 14.09 1.09 17.61 4.49
Inventory Turnover
36.40 3.43 3.18 4.43 4.64
Fixed Asset Turnover
87.32 74.41 58.95 42.58 30.28
Asset Turnover
0.06 0.07 0.07 0.07 0.07
Working Capital Turnover Ratio
-4.24 5.84 6.78 4.24 2.91
Cash Conversion Cycle
23.22 99.06 -219.73 61.70 -2.74
Days of Sales Outstanding
13.87 18.66 0.00 0.00 0.00
Days of Inventory Outstanding
10.03 106.31 114.68 82.42 78.58
Days of Payables Outstanding
0.67 25.91 334.41 20.73 81.32
Operating Cycle
23.89 124.97 114.68 82.42 78.58
Cash Flow Ratios
Operating Cash Flow Per Share
0.13 0.09 0.12 0.12 0.11
Free Cash Flow Per Share
0.11 0.08 0.11 0.11 0.11
CapEx Per Share
0.02 <0.01 <0.01 <0.01 <0.01
Free Cash Flow to Operating Cash Flow
0.84 0.90 0.95 0.95 0.99
Dividend Paid and CapEx Coverage Ratio
1.32 1.14 1.27 1.68 1.76
Capital Expenditure Coverage Ratio
6.17 18.12 18.45 19.82 73.02
Operating Cash Flow Coverage Ratio
0.09 0.08 0.14 0.13 0.13
Operating Cash Flow to Sales Ratio
0.49 0.35 0.43 0.51 0.52
Free Cash Flow Yield
4.41%3.58%4.64%5.26%5.55%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
21.00 13.61 9.11 4.11 6.53
Price-to-Sales (P/S) Ratio
9.25 8.83 8.81 9.16 9.28
Price-to-Book (P/B) Ratio
9.83 10.26 0.86 0.90 0.88
Price-to-Free Cash Flow (P/FCF) Ratio
22.39 27.95 21.54 19.00 18.03
Price-to-Operating Cash Flow Ratio
18.84 25.09 20.37 18.04 17.78
Price-to-Earnings Growth (PEG) Ratio
0.21 -0.39 -0.18 0.06 0.04
Price-to-Fair Value
9.83 10.26 0.86 0.90 0.88
Enterprise Value Multiple
24.37 15.64 19.86 23.23 25.02
Enterprise Value
5.26B 4.57B 3.90B 3.54B 2.79B
EV to EBITDA
24.56 15.64 19.86 23.23 25.02
EV to Sales
14.70 12.88 11.75 12.75 12.83
EV to Free Cash Flow
35.57 40.74 28.73 26.43 24.92
EV to Operating Cash Flow
29.93 36.57 27.18 25.10 24.58
Tangible Book Value Per Share
2.58 2.54 2.65 2.31 2.15
Shareholders’ Equity Per Share
0.24 0.22 2.73 2.38 2.24
Tax and Other Ratios
Effective Tax Rate
0.05 0.05 0.04 0.02 <0.01
Revenue Per Share
0.26 0.26 0.27 0.23 0.21
Net Income Per Share
0.11 0.17 0.26 0.52 0.30
Tax Burden
0.63 0.95 0.96 0.99 1.00
Interest Burden
1.16 0.84 0.89 0.96 0.91
Research & Development to Revenue
0.00 0.00 0.00 <0.01 <0.01
SG&A to Revenue
0.18 0.17 0.02 0.02 0.02
Stock-Based Compensation to Revenue
<0.01 0.00 <0.01 <0.01 0.00
Income Quality
1.11 0.54 0.45 0.23 0.37
Currency in AUD
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