Did National Storage REIT (ASX:NSR) Use Debt To Deliver Its ROE Of 11%? – Simply Wall St

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One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, well look at ROE to gain a better understanding of National Storage REIT (ASX:NSR).

Our data shows National Storage REIT has a return on equity of 11% for the last year. One way to conceptualize this, is that for each A$1 of shareholders equity it has, the company made A$0.11 in profit.

See our latest analysis for National Storage REIT

How Do I Calculate ROE?

The formula for …