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Shurgard Self Storage stock: balance sheet and debt

SHUR.BR
$28.70Closing price of 12 Nov 2026MEQIRI Score 65 out of 100

Shurgard Self Storage has a debt to equity ratio of 0.41 and an interest coverage of 14.9x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.41
Interest coverage
14.9x
Current ratio
1.02
Cash & equivalents
$62.01M
Total assets
$8.06B
Equity ratio
62.2%
Goodwill and intangible assets
$13.03M
not split out
Net debt
$1.97B

Total assets and equity ratio

How large the balance sheet of Shurgard Self Storage Ltd is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2015$2.37B$3.26Mnot split out46.5%$740.6M
2016$2.4B$3.62Mnot split out53.0%$686.2M
2017$2.61B$3.45Mnot split out57.0%$642.98M
2018$3.14B$3.83Mnot split out63.4%$391.06M
2019$3.37B$5.09Mnot split out62.3%$524.55M
2020$3.7B$6.28Mnot split out62.6%$639.54M
2021$4.55B$6.57Mnot split out60.4%$738.86M
2022$5.16B$7.46Mnot split out61.5%$898.07M
2023$5.93B$8.48Mnot split out67.7%$721.47M
2024$7.34B$15.33Mnot split out60.7%$1.64B
2025$8.06B$13.03Mnot split out62.2%$1.97B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2015$133.67M$1.1B$874.27M0.79
2016$12.94M$1.27B$699.14M0.55
2017$26.2M$1.48B$669.18M0.45
2018$278.05M$1.99B$669.11M0.34
2019$220.04M$2.09B$744.59M0.35
2020$114.13M$2.31B$753.67M0.33
2021$242.86M$2.74B$981.72M0.36
2022$96.79M$3.17B$994.85M0.31
2023$286.02M$4B$1.01B0.25
2024$157.99M$4.44B$1.8B0.4
2025$62.01M$5B$2.03B0.41

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 31 May 2023)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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