CubeSmart Payout Ratio vs Net Income Per Share Analysis

CUBE Stock

USD 49.56 0.58 1.16%

CubeSmart financial indicator trend analysis is way more than just evaluating CubeSmart prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CubeSmart is a good investment. Please check the relationship between CubeSmart Payout Ratio and its Net Income Per Share accounts. 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.

Payout Ratio vs Net Income Per Share

Payout Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CubeSmart Payout Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CubeSmart's Payout Ratio and Net Income Per Share is 0.19. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of CubeSmart, assuming nothing else is changed. The correlation between historical values of CubeSmart's Payout Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of CubeSmart are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Payout Ratio i.e., CubeSmart's Payout Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of CubeSmart earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of CubeSmart dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating CubeSmart is paying out more in dividends than it makes in net income.

Net Income Per Share

Most indicators from CubeSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CubeSmart current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 22.54, whereas Discontinued Operations is forecasted to decline to about 287.3 K.

	2021	2022	2023	2024 (projected)
Gross Profit	570.5M	716.4M	755.6M	793.3M
Total Revenue	822.6M	1.0B	1.1B	1.1B

Gross Profit Total Revenue

CubeSmart fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Short Term Investments	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Total Current Liabilities	Retained Earnings	Common Stock Total Equity	Common Stock	Other Current Assets
Total Assets		0.99	0.55	0.77	0.98	1.0	0.89	0.08	0.63	-0.48	0.99	0.45	-0.04	0.89	0.54	0.9	-0.04	0.85	0.98	-0.38	0.56	0.83	-0.99	0.82	0.82	0.78
Total Stockholder Equity	0.99		0.49	0.77	0.98	0.98	0.86	0.09	0.63	-0.42	0.97	0.47	0.01	0.87	0.55	0.87	0.01	0.81	0.97	-0.37	0.61	0.79	-0.98	0.82	0.83	0.77
Other Assets	0.55	0.49		0.45	0.46	0.58	0.71	0.09	0.33	-0.52	0.59	0.55	-0.15	0.68	-0.24	0.67	-0.15	0.53	0.5	-0.14	-0.11	0.68	-0.52	0.43	0.48	0.49
Common Stock Shares Outstanding	0.77	0.77	0.45		0.78	0.75	0.88	-0.09	0.68	-0.09	0.73	0.63	0.12	0.91	0.19	0.9	0.12	0.53	0.68	-0.46	0.23	0.8	-0.79	0.98	0.99	0.58
Other Stockholder Equity	0.98	0.98	0.46	0.78		0.97	0.85	-0.1	0.66	-0.48	0.96	0.48	0.11	0.87	0.53	0.87	0.11	0.86	0.96	-0.38	0.62	0.77	-0.98	0.82	0.83	0.7
Total Liab	1.0	0.98	0.58	0.75	0.97		0.89	0.07	0.62	-0.53	1.0	0.44	-0.07	0.89	0.53	0.9	-0.07	0.87	0.99	-0.38	0.54	0.84	-0.99	0.8	0.8	0.77
Short Long Term Debt Total	0.89	0.86	0.71	0.88	0.85	0.89		-0.01	0.68	-0.45	0.89	0.59	-0.04	0.99	0.26	1.0	-0.04	0.75	0.84	-0.39	0.31	0.91	-0.9	0.9	0.9	0.69
Other Current Liab	0.08	0.09	0.09	-0.09	-0.1	0.07	-0.01		-0.17	0.19	0.09	-0.28	-0.62	0.0	0.28	-0.04	-0.62	-0.16	0.1	0.04	-0.03	0.07	-0.05	-0.05	-0.08	0.32
Other Liab	0.63	0.63	0.33	0.68	0.66	0.62	0.68	-0.17		-0.34	0.61	0.34	-0.07	0.7	0.24	0.7	-0.07	0.55	0.6	-0.31	0.27	0.54	-0.64	0.73	0.71	0.69
Property Plant And Equipment Net	-0.48	-0.42	-0.52	-0.09	-0.48	-0.53	-0.45	0.19	-0.34		-0.54	0.06	-0.05	-0.4	-0.22	-0.45	-0.05	-0.84	-0.58	0.0	-0.42	-0.26	0.49	-0.15	-0.12	-0.25
Net Debt	0.99	0.97	0.59	0.73	0.96	1.0	0.89	0.09	0.61	-0.54		0.43	-0.1	0.89	0.53	0.9	-0.1	0.87	0.99	-0.39	0.53	0.84	-0.99	0.78	0.79	0.77
Accounts Payable	0.45	0.47	0.55	0.63	0.48	0.44	0.59	-0.28	0.34	0.06	0.43		0.14	0.61	-0.23	0.58	0.14	0.18	0.33	-0.25	-0.14	0.67	-0.44	0.56	0.64	0.34
Cash	-0.04	0.01	-0.15	0.12	0.11	-0.07	-0.04	-0.62	-0.07	-0.05	-0.1	0.14		-0.01	-0.17	0.0	1.0	0.13	-0.07	-0.07	0.41	-0.18	0.03	0.09	0.11	-0.44
Non Current Assets Total	0.89	0.87	0.68	0.91	0.87	0.89	0.99	0.0	0.7	-0.4	0.89	0.61	-0.01		0.27	1.0	-0.01	0.73	0.84	-0.37	0.33	0.9	-0.9	0.93	0.93	0.7
Non Currrent Assets Other	0.54	0.55	-0.24	0.19	0.53	0.53	0.26	0.28	0.24	-0.22	0.53	-0.23	-0.17	0.27		0.27	-0.17	0.47	0.61	-0.16	0.69	0.3	-0.56	0.31	0.24	0.42
Long Term Debt	0.9	0.87	0.67	0.9	0.87	0.9	1.0	-0.04	0.7	-0.45	0.9	0.58	0.0	1.0	0.27		0.0	0.77	0.86	-0.38	0.34	0.88	-0.91	0.92	0.91	0.7
Cash And Short Term Investments	-0.04	0.01	-0.15	0.12	0.11	-0.07	-0.04	-0.62	-0.07	-0.05	-0.1	0.14	1.0	-0.01	-0.17	0.0		0.13	-0.07	-0.07	0.41	-0.18	0.03	0.09	0.11	-0.44
Short Term Investments	0.85	0.81	0.53	0.53	0.86	0.87	0.75	-0.16	0.55	-0.84	0.87	0.18	0.13	0.73	0.47	0.77	0.13		0.9	-0.24	0.62	0.59	-0.86	0.59	0.58	0.53
Non Current Liabilities Total	0.98	0.97	0.5	0.68	0.96	0.99	0.84	0.1	0.6	-0.58	0.99	0.33	-0.07	0.84	0.61	0.86	-0.07	0.9		-0.36	0.62	0.76	-0.98	0.75	0.74	0.74
Property Plant And Equipment Gross	-0.38	-0.37	-0.14	-0.46	-0.38	-0.38	-0.39	0.04	-0.31	0.0	-0.39	-0.25	-0.07	-0.37	-0.16	-0.38	-0.07	-0.24	-0.36		-0.15	-0.43	0.39	-0.39	-0.41	-0.09
Total Current Assets	0.56	0.61	-0.11	0.23	0.62	0.54	0.31	-0.03	0.27	-0.42	0.53	-0.14	0.41	0.33	0.69	0.34	0.41	0.62	0.62	-0.15		0.16	-0.56	0.35	0.3	0.26
Total Current Liabilities	0.83	0.79	0.68	0.8	0.77	0.84	0.91	0.07	0.54	-0.26	0.84	0.67	-0.18	0.9	0.3	0.88	-0.18	0.59	0.76	-0.43	0.16		-0.83	0.81	0.82	0.68
Retained Earnings	-0.99	-0.98	-0.52	-0.79	-0.98	-0.99	-0.9	-0.05	-0.64	0.49	-0.99	-0.44	0.03	-0.9	-0.56	-0.91	0.03	-0.86	-0.98	0.39	-0.56	-0.83		-0.84	-0.83	-0.74
Common Stock Total Equity	0.82	0.82	0.43	0.98	0.82	0.8	0.9	-0.05	0.73	-0.15	0.78	0.56	0.09	0.93	0.31	0.92	0.09	0.59	0.75	-0.39	0.35	0.81	-0.84		0.99	0.66
Common Stock	0.82	0.83	0.48	0.99	0.83	0.8	0.9	-0.08	0.71	-0.12	0.79	0.64	0.11	0.93	0.24	0.91	0.11	0.58	0.74	-0.41	0.3	0.82	-0.83	0.99		0.67
Other Current Assets	0.78	0.77	0.49	0.58	0.7	0.77	0.69	0.32	0.69	-0.25	0.77	0.34	-0.44	0.7	0.42	0.7	-0.44	0.53	0.74	-0.09	0.26	0.68	-0.74	0.66	0.67

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CubeSmart Account Relationship Matchups

CubeSmart fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	4.8B	6.5B	6.3B	6.2B	6.5B
Total Stockholder Equity	1.8B	1.8B	2.9B	2.8B	2.8B	2.9B
Other Assets	24.8M	4.8B	6.5B	6.3B	(60.0M)	(57.0M)
Common Stock Shares Outstanding	191.6M	194.9M	205.0M	225.9M	226.2M	129.6M
Liabilities And Stockholders Equity	4.0B	4.8B	6.5B	6.3B	6.2B	6.5B
Other Stockholder Equity	3.6B	2.8B	4.1B	4.1B	4.1B	4.3B
Total Liab	2.2B	2.7B	3.5B	3.4B	3.3B	3.5B
Short Long Term Debt Total	1.9B	2.4B	3.2B	3.1B	3.0B	1.5B
Other Current Liab	(1.9B)	190.2M	(200.0M)	172.8M	300.1M	315.1M
Other Liab	38.3M	30.2M	38.2M	39.8M	45.8M	27.2M
Property Plant And Equipment Net	41.7M	55.3M	54.7M	49.5M	50.5M	48.0M
Net Debt	1.9B	2.4B	3.2B	3.1B	3.0B	3.1B
Accounts Payable	137.9M	37.2M	200.0M	214.4M	35.3M	33.5M
Cash	54.9M	3.6M	11.1M	6.1M	6.5M	6.2M
Non Current Assets Total	4.0B	4.8B	6.5B	6.3B	6.2B	3.2B
Non Currrent Assets Other	105.5M	174.0M	268.0M	(169.3M)	6.0B	6.3B
Long Term Debt	1.9B	2.2B	2.9B	2.9B	2.9B	1.5B
Cash And Short Term Investments	54.9M	3.6M	11.1M	6.1M	6.5M	6.2M
Non Current Liabilities Total	1.9B	2.3B	3.0B	3.0B	3.3B	3.5B
Total Current Assets	58.4M	6.2M	62.6M	12.7M	114.5M	120.2M
Total Current Liabilities	227.9M	374.3M	546.9M	425.9M	373.8M	250.1M
Retained Earnings	(876.6M)	(974.8M)	(1.2B)	(1.3B)	(1.3B)	(1.3B)
Common Stock Total Equity	1.9M	2.0M	2.2M	2.2M	2.6M	1.5M
Common Stock	1.9M	2.0M	2.2M	2.2M	2.2M	1.5M
Other Current Assets	(75.3M)	28.8M	122.1M	72.3M	74.8M	78.5M
Current Deferred Revenue	25.3M	29.1M	37.1M	38.8M	38.5M	21.1M
Accumulated Other Comprehensive Income	(729K)	(632K)	(570K)	(491K)	(411K)	(431.6K)
Short Term Debt	1.9B	117.8M	209.9M	60.9M	4.7M	4.5M
Intangible Assets	10.3M	57.8M	108.8M	1.2M	1.8M	1.7M
Net Receivables	16.8M	19.0M	23.6M	30.0M	33.2M	17.1M
Inventory	62.0M	8.9M	64.8M	(95.8M)	(60.0M)	(57.0M)
Noncontrolling Interest In Consolidated Entity	8.0M	8.6M	18.6M	14.2M	16.3M	17.1M
Retained Earnings Total Equity	(876.6M)	(974.8M)	(1.2B)	(1.3B)	(1.2B)	(1.1B)
Deferred Long Term Liab	25.3M	29.1M	37.1M	38.8M	44.6M	23.0M
Property Plant Equipment	3.8B	4.5B	6.1B	6.0B	7.0B	3.7B
Net Tangible Assets	1.9B	2.1B	3.0B	2.9B	3.3B	2.0B
Long Term Debt Total	1.9B	2.2B	2.9B	2.9B	3.4B	1.9B

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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:

How To Invest In CubeSmart

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Is CubeSmart Stock a good investment?

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What is CubeSmart's Net Worth?

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Largest Self-Storage REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

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CubeSmart Payout Ratio vs Net Income Per Share Analysis

Payout Ratio vs Net Income Per Share

Payout Ratio vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Payout Ratio

Net Income Per Share

CubeSmart fundamental ratios Correlations

CubeSmart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CubeSmart fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Liab
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets

Retained Earnings	- 0.99	Net Debt
Retained Earnings	- 0.99	Total Liab
Retained Earnings	- 0.99	Total Assets
Retained Earnings	- 0.98	Non Current Liabilities Total
Retained Earnings	- 0.98	Other Stockholder Equity
Retained Earnings	- 0.98	Total Stockholder Equity