Extra Space Storage (EXR) Financials

The income statement of Extra Space Storage Inc (EXR) provides a comprehensive overview of the company's financial performance. It shows the revenue generated, expenses incurred, and the resulting net income. For the latest reporting period, Extra Space Storage Inc reported a total revenue of $1.25 billion. The gross profit, which is the revenue minus the cost of goods sold, amounted to $937 million. After deducting operating expenses, the company's earnings before interest and taxes (EBIT) were $768 million. EBITDA, which further excludes depreciation and amortization expenses, reached $964 million.

The balance sheet of Extra Space Storage Inc (EXR) reflects the company's financial position at a specific point in time. It displays the company's assets, liabilities, and stockholders' equity. The total assets of Extra Space Storage Inc amount to $9.36 billion, while its total liabilities stand at $4.54 billion. The stockholders' equity, which represents the residual interest of the shareholders, is valued at $4.82 billion. Within the assets category, the company holds cash equivalents worth $35 million. Additionally, Extra Space Storage Inc has a net debt of $3.14 billion, which indicates its borrowing position and ability to meet financial obligations.

The cash flow statement of Extra Space Storage Inc (EXR) provides insights into the company's cash inflows and outflows. It consists of three sections: operating cash flow, investing cash flow, and financing cash flow. The operating cash flow represents the cash generated or used in the company's core operations. For Extra Space Storage Inc, the operating cash flow was $768 million. The investing cash flow represents the cash used for investments in assets or received from the sale of assets. In the case of Extra Space Storage Inc, the investing cash flow was $1.32 billion. Finally, the financing cash flow reflects the cash received or used for financing activities, such as raising capital or repaying debt. Extra Space Storage Inc reported a financing cash flow of $1.52 billion.

In conclusion, Extra Space Storage Inc (EXR) has showcased strong financial performance with significant revenue, gross profit, and net income. The company's balance sheet indicates a healthy financial position with substantial assets and stockholders' equity. However, it also carries a considerable amount of debt. The cash flow statement demonstrates positive operating cash flow but significant cash outflow for investing and financing activities. Overall, Extra Space Storage Inc positions itself as a successful player in the storage industry with promising prospects for further growth and profitability.