Smartstop Self Storage Reit, Inc. balance sheet
At the end of fiscal 2025, Smartstop Self Storage Reit, Inc. had total assets of $2.43bn, total liabilities of $1.15bn and shareholders' equity of $1.18bn. It held $54.2m in cash against $1.10bn of debt: net debt of $1.05bn.
Balance sheet
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 7 | 28 | 15 | 7 | 10 | 62 | 73 | 37 | 39 | 45 | 23 | 54 | 38 |
| Goodwill | — | — | — | — | — | — | 78 | 54 | 54 | 54 | 54 | 54 | 70 | 70 |
| Total assets | 0 | 35 | 193 | 753 | 817 | 796 | 1,311 | 1,282 | 1,618 | 1,947 | 1,896 | 2,042 | 2,432 | 2,438 |
| Long-term debt | — | — | 23 | 321 | — | — | — | — | — | — | — | — | — | 1,125 |
| Total debt | 0 | 13 | 23 | 321 | 398 | 408 | 720 | 722 | 878 | 1,073 | 1,092 | 1,322 | 1,104 | 1,125 |
| Total liabilities | 0 | 19 | 26 | 331 | 410 | 419 | 776 | 785 | 943 | 1,112 | 1,132 | 1,371 | 1,152 | 1,179 |
| Shareholders' equity | 0 | 11 | 166 | 411 | 379 | 345 | 274 | 183 | 343 | 467 | 404 | 326 | 1,180 | 1,156 |
| Non-controlling interests and other (assets − liabilities − equity) | 0 | 5 | — | — | 29 | 32 | 262 | 314 | 332 | 367 | 359 | 345 | 100 | 103 |
| Net debt (negative = net cash) | −0 | 7 | −5 | 306 | 390 | 398 | 657 | 649 | 840 | 1,033 | 1,047 | 1,299 | 1,050 | 1,086 |
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | — | — | 55m | 55m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 54 | 54 | 54 | 54 | 54 | 70 | 70 | 70 |
| Total assets | 1,937 | 2,042 | 2,114 | 2,303 | 2,391 | 2,432 | 2,421 | 2,438 |
| Long-term debt | — | — | — | — | — | — | 1,099 | 1,125 |
| Total debt | — | — | — | — | — | — | 1,099 | 1,125 |
| Total liabilities | 1,251 | 1,371 | 1,464 | 1,000 | 1,102 | 1,152 | 1,153 | 1,179 |
| Shareholders' equity | 344 | 326 | 303 | 1,217 | 1,202 | 1,180 | 1,168 | 1,156 |
| Non-controlling interests and other (assets − liabilities − equity) | 343 | 345 | 347 | 86 | 87 | 100 | 101 | 103 |
| Shares outstanding | — | — | — | 31m | 31m | 55m | 55m | 55m |
Compare with peers
- Cubesmart balance sheet
- Extra Space Storage balance sheet
- Public Storage balance sheet
- Global Self Storage, Inc. balance sheet
Head to head: CUBE vs SMAEXR vs SMAPSA vs SMASELF vs SMA
More: Self-Storage REITs stocks compared, Real Estate sector, rankings of US companies