MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

CubeSmart (CUBE)

CubeSmart (CUBE)

|||

Balance Sheets Overview

Debt to Asset Ratio
59.95%
Unit: Thousand (K) dollars
Assets Breakdown
    • Storage properties
    • Less accumulated depreciation
    • Investment in real estate ventur...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Revolving credit facility
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Storage properties
8,148,814
8,142,043
8,134,189
8,108,076
Less accumulated depreciation
1,842,330
1,804,268
1,758,340
1,730,103
Storage properties, net
6,306,484
6,337,775
6,375,849
6,377,973
Cash and cash equivalents
14,310
7,258
5,782
108,393
Restricted cash
2,273
2,212
4,451
6,364
Loan procurement costs, net of amortization
6,628
1,503
1,803
1,781
Investment in real estate ventures, at equity
73,456
74,884
74,034
74,320
Other assets, net
181,664
174,504
181,274
188,827
Total assets
6,584,815
6,598,136
6,643,193
6,757,658
Unsecured senior notes, net
2,927,533
2,926,318
2,925,103
3,223,866
Revolving credit facility
450,843
415,100
378,800
-
Mortgage loans and notes payable, net
97,637
98,249
98,859
204,681
Lease liabilities - finance leases
65,487
65,534
65,579
65,612
Accounts payable, accrued expenses and other liabilities
241,816
224,474
229,666
246,162
Distributions payable
120,604
121,095
121,519
119,676
Deferred revenue
43,883
42,707
41,591
42,723
Total liabilities
3,947,803
3,893,477
3,861,117
3,902,720
Noncontrolling interests in the operating partnership
39,143
36,072
36,167
44,858
Common shares .01 par value, 400,000,000 shares authorized, 225,521,694 and 227,269,217 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
2,255
2,265
2,273
2,280
Additional paid-in capital
4,310,390
4,304,254
4,302,554
4,295,941
Accumulated other comprehensive loss
-209
-229
-249
-270
Accumulated deficit
-1,733,193
-1,657,027
-1,585,135
-1,515,815
Total cubesmart shareholders' equity
2,579,243
2,649,263
2,719,443
2,782,136
Noncontrolling interests in subsidiaries
18,626
19,324
26,466
27,944
Total equity
2,597,869
2,668,587
2,745,909
2,810,080
Total liabilities and equity
6,584,815
6,598,136
6,643,193
6,757,658
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Storage properties$8,148,814K (0.62%↑ Y/Y)Storage properties, net$6,306,484K (-1.67%↓ Y/Y)Other assets, net$181,664K (-11.23%↓ Y/Y)Investment in real estateventures, at equity$73,456K (-1.59%↓ Y/Y)Cash and cashequivalents$14,310K (63.71%↑ Y/Y)Loan procurementcosts, net of...$6,628K (215.92%↑ Y/Y)Restricted cash$2,273K (-59.35%↓ Y/Y)Less accumulateddepreciation$1,842,330K (9.35%↑ Y/Y)Total assets$6,584,815K (-1.86%↓ Y/Y)Total liabilities andequity$6,584,815K (-1.86%↓ Y/Y)Total liabilities$3,947,803K (3.34%↑ Y/Y)Total equity$2,597,869K (-8.60%↓ Y/Y)Noncontrolling interests in theoperating partnership$39,143K (-16.52%↓ Y/Y)Unsecured senior notes,net$2,927,533K (5.20%↑ Y/Y)Revolving credit facility$450,843K (23.08%↑ Y/Y)Accounts payable,accrued expenses and...$241,816K (1.85%↑ Y/Y)Distributions payable$120,604K (0.77%↑ Y/Y)Mortgage loans and notespayable, net$97,637K (-52.39%↓ Y/Y)Lease liabilities -finance leases$65,487K (-0.23%↓ Y/Y)Deferred revenue$43,883K (1.52%↑ Y/Y)Total cubesmartshareholders' equity$2,579,243K (-8.33%↓ Y/Y)Noncontrolling interests insubsidiaries$18,626K (-35.12%↓ Y/Y)Accumulated deficit-$1,733,193K (-16.99%↓ Y/Y)Accumulated othercomprehensive loss-$209K (27.93%↑ Y/Y)Additional paid-in capital$4,310,390K (0.40%↑ Y/Y)Common shares .01 parvalue, 400,000,000...$2,255K (-1.10%↓ Y/Y)