CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2019)
CubeSmart's Interest Coverage Ratio was 0.46 in Q2 2019, down 87.1% from 3.55 a year earlier but up 233.8% from the prior quarter.
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Analysis
CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2019) Analysis & Trends
On a trailing twelve-month basis, CubeSmart's Interest Coverage Ratio was 1.13 through Jun 30, 2019, down 68.3% year-over-year; for FY2018, it came in at 0.37, down 89.2% from FY2017.
- In earlier years, Interest Coverage Ratio was 3.44 in FY2017 (+21.2%), 2.84 in FY2016 (+15.0%), 2.47 in FY2015 (+41.6%) and 1.74 in FY2014 (+29.4%).
- Quarterly Interest Coverage Ratio has moved between 0.14 (Q1 2019) and 3.92 (Q3 2018) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for three straight quarters, with an average decline of 26.7% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2015 (growth of 74.1%); the worst was Q1 2019 (a decline of 95.9%).
- Per Business Quant data, CUBE's Interest Coverage Ratio in the three quarters before Q2 2019 was 0.14 (Q1 2019), 0.32 (Q4 2018) and 3.92 (Q3 2018).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 0.46 |
| Mar 31, 2019 | 0.14 |
| Dec 31, 2018 | 0.32 |
| Sep 30, 2018 | 3.92 |
| Jun 30, 2018 | 3.55 |
| Mar 31, 2018 | 3.33 |
| Dec 31, 2017 | 3.72 |
| Sep 30, 2017 | 3.62 |
| Jun 30, 2017 | 3.40 |
| Mar 31, 2017 | 2.97 |
| Dec 31, 2016 | 3.13 |
| Sep 30, 2016 | 3.09 |
| Jun 30, 2016 | 2.71 |
| Mar 31, 2016 | 2.38 |
| Dec 31, 2015 | 2.79 |
| Sep 30, 2015 | 2.86 |
| Jun 30, 2015 | 2.37 |
| Mar 31, 2015 | 1.87 |
| Dec 31, 2014 | 1.60 |
| Sep 30, 2014 | 1.96 |
API Access
CubeSmart Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CUBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CUBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CUBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();