CubeSmart Total Assets from 2010 to 2025

CUBE Stock  USD 41.36  0.13  0.31%   
CubeSmart's Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 7.5 B this year. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2003-12-31
Previous Quarter
6.2 B
Current Value
6.2 B
Quarterly Volatility
1.7 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CubeSmart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers, such as Interest Expense of 117.5 M, Total Revenue of 1.3 B or Gross Profit of 912.3 M, as well as many indicators such as Price To Sales Ratio of 6.01, Dividend Yield of 0.0474 or PTB Ratio of 2.1. CubeSmart financial statements analysis is a perfect complement when working with CubeSmart Valuation or Volatility modules.
  
Check out the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

Latest CubeSmart's Total Assets Growth Pattern

Below is the plot of the Total Assets of CubeSmart over the last few years. 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. It is 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. CubeSmart's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CubeSmart's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.23 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

CubeSmart Total Assets Regression Statistics

Arithmetic Mean4,119,364,916
Geometric Mean3,367,651,946
Coefficient Of Variation51.28
Mean Deviation1,729,545,770
Median3,752,972,000
Standard Deviation2,112,323,935
Sample Variance4461912.4T
Range7.2B
R-Value0.98
Mean Square Error227042T
R-Squared0.95
Slope433,013,035
Total Sum of Squares66928686.1T

CubeSmart Total Assets History

20257.5 B
20247.2 B
20236.2 B
20226.3 B
20216.5 B
20204.8 B
2019B

Other Fundumenentals of CubeSmart

CubeSmart Total Assets component correlations

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0.990.981.00.351.00.890.62-0.960.780.99-0.030.20.820.890.890.90.90.89-0.62-0.020.9-0.250.88
0.370.380.370.350.340.19-0.11-0.450.470.310.250.280.060.420.430.370.330.37-0.30.50.24-0.410.11
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0.870.830.890.890.190.90.65-0.860.630.90.240.220.830.780.760.810.850.81-0.5-0.050.85-0.010.83
0.650.690.630.62-0.110.650.65-0.580.430.660.05-0.050.620.510.50.580.540.58-0.42-0.420.620.20.69
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0.870.870.870.880.110.880.830.69-0.80.630.9-0.130.060.890.790.780.870.880.88-0.38-0.210.96-0.13
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About CubeSmart Financial Statements

CubeSmart stakeholders use historical fundamental indicators, such as CubeSmart's Total Assets, to determine how well the company is positioned to perform in the future. Although CubeSmart investors may analyze each financial statement separately, they are all interrelated. For example, changes in CubeSmart's assets and liabilities are reflected in the revenues and expenses on CubeSmart's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CubeSmart. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets7.2 B7.5 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
(0.02)
Dividend Share
2.04
Earnings Share
1.78
Revenue Per Share
4.724
Quarterly Revenue Growth
0.008
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.