CubeSmart Historical Balance Sheet

CUBE Stock  USD 41.61  0.46  1.09%   
Trend analysis of CubeSmart balance sheet accounts such as Total Stockholder Equity of 3 B, Other Assets of 119.1 M or Common Stock Shares Outstanding of 134.4 M provides information on CubeSmart's total assets, liabilities, and equity, which is the actual value of CubeSmart to its prevalent stockholders. By breaking down trends over time using CubeSmart 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.
 
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Financial Statement Analysis is much more than just reviewing and examining CubeSmart 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 CubeSmart is a good buy for the upcoming year.

CubeSmart Inventory

(51.33 Million)

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

About CubeSmart Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CubeSmart at a specified time, usually calculated after every quarter, six months, or one year. CubeSmart Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CubeSmart 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 CubeSmart currently owns. An asset can also be divided into two categories, current and non-current.

CubeSmart Balance Sheet Chart

At present, CubeSmart's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 6.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 134.4 M.

Total Assets

Total assets refers to the total amount of CubeSmart 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 CubeSmart 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.

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from CubeSmart's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CubeSmart 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.At present, CubeSmart's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 6.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 134.4 M.
 2022 2023 2024 2025 (projected)
Total Stockholder Equity2.8B2.8B2.9B3.0B
Total Assets6.3B6.2B6.4B6.7B

CubeSmart balance sheet Correlations

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0.990.430.790.980.980.870.080.66-0.470.370.760.410.890.620.890.410.830.97-0.370.610.8-0.980.830.850.79
0.480.430.390.390.510.610.10.3-0.470.670.31-0.230.59-0.250.57-0.230.490.42-0.14-0.10.63-0.430.380.420.44
0.790.790.390.80.780.9-0.040.71-0.160.610.510.140.920.320.910.140.580.72-0.460.380.81-0.810.980.990.61
0.980.980.390.80.970.87-0.090.68-0.530.360.750.470.880.610.890.470.880.97-0.390.620.78-0.980.830.850.73
1.00.980.510.780.970.910.070.64-0.560.410.720.350.90.60.910.350.880.99-0.390.530.84-0.990.810.820.8
0.90.870.610.90.870.910.030.71-0.510.620.560.131.00.41.00.130.780.87-0.390.440.91-0.910.910.90.72
0.080.080.1-0.04-0.090.070.03-0.150.19-0.07-0.1-0.30.040.240.01-0.3-0.170.090.04-0.110.09-0.05-0.03-0.040.31
0.650.660.30.710.680.640.71-0.15-0.380.350.420.130.720.320.730.130.580.62-0.320.330.57-0.660.750.730.7
-0.53-0.47-0.47-0.16-0.53-0.56-0.510.19-0.38-0.15-0.24-0.32-0.45-0.31-0.51-0.32-0.85-0.610.02-0.43-0.310.54-0.21-0.19-0.31
0.40.370.670.610.360.410.62-0.070.35-0.150.01-0.480.62-0.220.6-0.480.280.3-0.250.060.63-0.370.520.590.32
0.730.760.310.510.750.720.56-0.10.42-0.240.010.530.580.420.570.530.560.7-0.290.260.61-0.720.570.570.57
0.380.41-0.230.140.470.350.13-0.30.13-0.32-0.480.530.150.490.171.00.50.42-0.140.640.0-0.40.220.180.04
0.90.890.590.920.880.91.00.040.72-0.450.620.580.150.41.00.150.760.86-0.380.460.9-0.910.930.930.73
0.610.62-0.250.320.610.60.40.240.32-0.31-0.220.420.490.40.420.490.520.69-0.180.620.38-0.660.380.350.5
0.910.890.570.910.890.911.00.010.73-0.510.60.570.171.00.420.170.790.88-0.380.470.88-0.920.920.920.72
0.380.41-0.230.140.470.350.13-0.30.13-0.32-0.480.531.00.150.490.170.50.42-0.140.640.0-0.40.220.180.04
0.870.830.490.580.880.880.78-0.170.58-0.850.280.560.50.760.520.790.50.9-0.250.590.62-0.880.620.620.58
0.990.970.420.720.970.990.870.090.62-0.610.30.70.420.860.690.880.420.9-0.360.60.77-0.990.760.770.77
-0.38-0.37-0.14-0.46-0.39-0.39-0.390.04-0.320.02-0.25-0.29-0.14-0.38-0.18-0.38-0.14-0.25-0.36-0.16-0.440.39-0.4-0.42-0.11
0.560.61-0.10.380.620.530.44-0.110.33-0.430.060.260.640.460.620.470.640.590.6-0.160.24-0.570.420.430.28
0.830.80.630.810.780.840.910.090.57-0.310.630.610.00.90.380.880.00.620.77-0.440.24-0.820.820.830.7
-0.99-0.98-0.43-0.81-0.98-0.99-0.91-0.05-0.660.54-0.37-0.72-0.4-0.91-0.66-0.92-0.4-0.88-0.990.39-0.57-0.82-0.84-0.84-0.77
0.820.830.380.980.830.810.91-0.030.75-0.210.520.570.220.930.380.920.220.620.76-0.40.420.82-0.840.990.68
0.840.850.420.990.850.820.9-0.040.73-0.190.590.570.180.930.350.920.180.620.77-0.420.430.83-0.840.990.69
0.80.790.440.610.730.80.720.310.7-0.310.320.570.040.730.50.720.040.580.77-0.110.280.7-0.770.680.69
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CubeSmart Account Relationship Matchups

CubeSmart balance sheet Accounts

202020212022202320242025 (projected)
Total Assets4.8B6.5B6.3B6.2B6.4B6.7B
Total Stockholder Equity1.8B2.9B2.8B2.8B2.9B3.0B
Other Assets4.8B6.5B6.3B(60.0M)125.4M119.1M
Common Stock Shares Outstanding194.9M205.0M225.9M226.2M227.2M134.4M
Liabilities And Stockholders Equity4.8B6.5B6.3B6.2B6.4B6.7B
Other Stockholder Equity2.8B4.1B4.1B4.1B4.3B4.5B
Total Liab2.7B3.5B3.4B3.3B3.4B3.6B
Short Long Term Debt Total2.4B3.2B3.1B3.0B3.1B1.6B
Other Current Liab190.2M(200.0M)172.8M300.1M119.6M125.6M
Other Liab38.3M30.2M38.2M39.8M45.8M27.2M
Property Plant And Equipment Net55.3M54.7M49.5M50.5M49.4M47.0M
Net Debt2.4B3.2B3.1B3.0B(71.6M)(68.0M)
Accounts Payable37.2M200.0M214.4M35.3M229.6M241.1M
Cash3.6M11.1M6.1M6.5M71.6M75.1M
Non Current Assets Total4.8B6.5B6.3B6.1B6.2B3.3B
Non Currrent Assets Other174.0M268.0M(169.3M)6.0B6.0B6.3B
Long Term Debt2.2B2.9B2.9B2.9B3.0B1.6B
Cash And Short Term Investments3.6M11.1M6.1M6.5M71.6M75.1M
Non Current Liabilities Total2.3B3.0B3.0B3.3B3.4B3.6B
Property Plant And Equipment Gross55.3M54.7M49.5M50.5M49.4M47.0M
Total Current Assets6.2M62.6M12.7M114.5M71.6M75.1M
Total Current Liabilities374.3M546.9M425.9M373.8M388.1M258.5M
Retained Earnings(974.8M)(1.2B)(1.3B)(1.3B)(1.4B)(1.3B)
Common Stock Total Equity1.9M2.0M2.2M2.2M2.6M1.5M
Common Stock2.0M2.2M2.2M2.2M2.3M1.6M
Other Current Assets28.8M122.1M72.3M74.8M86.0M90.3M
Current Deferred Revenue29.1M37.1M38.8M38.5M38.9M22.3M
Accumulated Other Comprehensive Income(632K)(570K)(491K)(411K)(330K)(346.5K)
Short Term Debt117.8M209.9M60.9M4.7M5.4M5.2M
Intangible Assets57.8M108.8M1.2M1.8M2.1M2.0M
Net Receivables19.0M23.6M30.0M33.2M10.4M16.7M
Inventory8.9M64.8M(95.8M)(60.0M)(54.0M)(51.3M)
Noncontrolling Interest In Consolidated Entity8.0M8.6M18.6M14.2M16.3M17.1M
Retained Earnings Total Equity(876.6M)(974.8M)(1.2B)(1.3B)(1.2B)(1.1B)
Deferred Long Term Liab25.3M29.1M37.1M38.8M44.6M23.0M
Property Plant Equipment3.8B4.5B6.1B6.0B7.0B3.7B
Net Tangible Assets1.9B2.1B3.0B2.9B3.3B2.0B
Long Term Debt Total1.9B2.2B2.9B2.9B3.4B1.9B

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When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
2.05
Earnings Share
1.72
Revenue Per Share
4.722
Quarterly Revenue Growth
0.007
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.