Extra Historical Balance Sheet

EXR Stock  USD 170.96  1.72  1.00%   
Trend analysis of Extra Space Storage balance sheet accounts such as Liabilities And Stockholders Equity of 28.8 B or Other Current Liab of 31 M 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Extra Space Storage 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 Extra Space Storage is a good buy for the upcoming year.

Extra Space Inventory

27.49 Million

  
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 closely tied 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

At this time, Extra Space's Long Term Debt is relatively stable compared to the past year. As of 11/29/2024, Other Stockholder Equity is likely to grow to about 15.5 B, while Cash is likely to drop slightly above 65.3 M.

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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

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 accounts from Extra Space's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet 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 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 closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Extra Space's Long Term Debt is relatively stable compared to the past year. As of 11/29/2024, Other Stockholder Equity is likely to grow to about 15.5 B, while Cash is likely to drop slightly above 65.3 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity3.1B3.3B14.4B15.1B
Other Current Liabilities63.6M67.4M29.5M31.0M

Extra Space balance sheet Correlations

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0.440.380.320.40.470.610.290.560.340.55-0.860.70.540.32-0.190.54-0.530.450.240.580.35-0.820.55-0.190.23
0.330.380.180.660.360.280.390.470.180.48-0.270.540.510.610.30.480.10.34-0.030.280.54-0.240.450.30.08
0.980.320.180.390.960.310.930.891.00.89-0.190.750.870.66-0.10.89-0.50.970.930.330.83-0.260.9-0.10.99
0.530.40.660.390.550.450.620.60.390.65-0.210.680.660.77-0.180.65-0.110.530.210.450.66-0.170.62-0.180.3
1.00.470.360.960.550.420.950.970.970.98-0.30.890.970.78-0.140.98-0.491.00.850.440.91-0.340.98-0.140.92
0.40.610.280.310.450.420.390.470.320.48-0.480.540.480.43-0.360.46-0.320.40.111.00.43-0.450.46-0.360.29
0.950.290.390.930.620.950.390.90.930.92-0.120.790.910.86-0.090.91-0.320.950.770.410.96-0.170.9-0.090.9
0.970.560.470.890.60.970.470.90.891.0-0.340.961.00.8-0.21.0-0.440.970.770.480.9-0.361.0-0.20.81
0.980.340.181.00.390.970.320.930.890.89-0.210.760.870.66-0.10.9-0.520.970.930.340.83-0.270.9-0.10.99
0.970.550.480.890.650.980.480.921.00.89-0.340.961.00.83-0.191.0-0.450.970.760.490.91-0.361.0-0.190.82
-0.27-0.86-0.27-0.19-0.21-0.3-0.48-0.12-0.34-0.21-0.34-0.49-0.32-0.120.0-0.320.59-0.27-0.13-0.46-0.160.99-0.340.0-0.13
0.880.70.540.750.680.890.540.790.960.760.96-0.490.970.77-0.260.96-0.440.880.630.540.82-0.480.96-0.260.65
0.960.540.510.870.660.970.480.911.00.871.0-0.320.970.85-0.191.0-0.410.960.730.490.92-0.340.99-0.190.79
0.760.320.610.660.770.780.430.860.80.660.83-0.120.770.85-0.050.83-0.190.770.460.440.92-0.130.79-0.050.59
-0.15-0.190.3-0.1-0.18-0.14-0.36-0.09-0.2-0.1-0.190.0-0.26-0.19-0.05-0.190.0-0.15-0.08-0.36-0.09-0.05-0.21.0-0.07
0.970.540.480.890.650.980.460.911.00.91.0-0.320.961.00.83-0.19-0.450.970.760.470.9-0.341.0-0.190.82
-0.49-0.530.1-0.5-0.11-0.49-0.32-0.32-0.44-0.52-0.450.59-0.44-0.41-0.190.0-0.45-0.49-0.55-0.31-0.160.62-0.470.0-0.51
1.00.450.340.970.531.00.40.950.970.970.97-0.270.880.960.77-0.150.97-0.490.870.420.89-0.310.98-0.150.93
0.870.24-0.030.930.210.850.110.770.770.930.76-0.130.630.730.46-0.080.76-0.550.870.130.63-0.20.78-0.080.93
0.420.580.280.330.450.441.00.410.480.340.49-0.460.540.490.44-0.360.47-0.310.420.130.44-0.430.48-0.360.32
0.890.350.540.830.660.910.430.960.90.830.91-0.160.820.920.92-0.090.9-0.160.890.630.44-0.190.89-0.090.77
-0.31-0.82-0.24-0.26-0.17-0.34-0.45-0.17-0.36-0.27-0.360.99-0.48-0.34-0.13-0.05-0.340.62-0.31-0.2-0.43-0.19-0.36-0.05-0.21
0.970.550.450.90.620.980.460.91.00.91.0-0.340.960.990.79-0.21.0-0.470.980.780.480.89-0.36-0.20.83
-0.15-0.190.3-0.1-0.18-0.14-0.36-0.09-0.2-0.1-0.190.0-0.26-0.19-0.051.0-0.190.0-0.15-0.08-0.36-0.09-0.05-0.2-0.07
0.930.230.080.990.30.920.290.90.810.990.82-0.130.650.790.59-0.070.82-0.510.930.930.320.77-0.210.83-0.07
Click cells to compare fundamentals

Extra Space Account Relationship Matchups

Extra Space balance sheet Accounts

201920202021202220232024 (projected)
Total Assets8.5B9.4B10.5B12.2B27.5B28.8B
Common Stock Shares Outstanding136.4M129.6M140.0M141.7M169.2M102.0M
Liabilities And Stockholders Equity8.5B9.4B10.5B12.2B27.5B28.8B
Other Current Liab45.3M47.1M63.6M67.4M29.5M31.0M
Total Stockholder Equity2.5B2.5B3.1B3.3B14.4B15.1B
Other Liab96.5M272.8M291.5M144.0M165.6M173.9M
Accounts Payable111.4M130.0M142.3M171.7M334.5M351.2M
Cash65.7M109.1M71.1M92.9M99.1M65.3M
Other Assets159.2M9.3B9.7B11.0B24.6B25.8B
Long Term Debt4.9B4.8B5.4B7.3B10.3B10.9B
Other Stockholder Equity3.2B3.0B3.4B3.5B14.8B15.5B
Total Liab5.6B6.5B6.7B8.1B12.0B12.6B
Common Stock1.3M1.3M1.3M1.3M2.1M2.6M
Property Plant Equipment7.7B7.9B9.1B10.3B11.8B12.4B
Short Long Term Debt Total5.3B6.0B6.6B8.4B11.3B11.8B
Total Current Liabilities314.6M1.1B740.9M1.2B1.1B1.1B
Net Debt5.3B5.9B6.1B7.5B11.2B11.7B
Retained Earnings(301.0M)(354.9M)(128.2M)(135.9M)(379.0M)(360.1M)
Non Current Assets Total8.5B9.3B10.4B12.1B26.5B27.8B
Non Currrent Assets Other162.1M130.6M159.2M(1.9B)24.5B25.8B
Cash And Short Term Investments65.7M109.1M71.1M92.9M99.1M69.1M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.2M981.5K
Non Current Liabilities Total5.3B5.3B5.9B6.9B10.9B11.5B
Total Current Assets70.7M128.0M76.2M92.9M955.9M1.0B
Short Term Debt158M949M535M945M723.5M467.0M
Accumulated Other Comprehensive Income(29.0M)(99.1M)(42.5M)48.8M17.4M18.3M
Other Current Assets(70.7M)312.7M(495.4M)55.2M85.2M89.4M
Intangible Assets134.9M137.1M147.0M21.6M147.6M91.0M
Net Tangible Assets2.5B2.5B3.1B3.1B3.5B2.3B
Noncontrolling Interest In Consolidated Entity371.7M381.7M388.3M669.5M769.9M808.4M
Retained Earnings Total Equity(262.9M)(301.0M)(354.9M)(128.2M)(147.5M)(154.9M)
Long Term Debt Total4.9B4.8B6.0B7.5B8.6B9.0B
Capital Surpluse2.9B3.0B3.3B3.3B3.8B2.6B

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

  0.82FR First Industrial RealtyPairCorr

Moving against Extra Stock

  0.66UE Urban Edge PropertiesPairCorr
  0.6WELL WelltowerPairCorr
  0.39EQIX EquinixPairCorr
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 CorrelationCorrelation Matching

Additional Tools for Extra Stock Analysis

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.