CubeSmart Balance Sheet (2009-2025) | CUBE

Balance Sheet Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Real Estate - Gross 1.87B1.77B1.74B1.74B1.74B1.78B1.74B2.11B2.19B2.23B2.43B2.44B2.44B2.54B2.47B0.03B2.66B2.78B2.82B3.12B3.18B0.02B3.32B3.47B3.68B3.86B3.97B4.00B4.02B4.07B4.09B4.16B4.20B4.24B4.32B4.46B4.49B4.64B4.67B4.70B4.72B4.80B4.81B5.49B5.49B5.54B5.57B7.18B7.23B7.27B7.28B7.30B7.30B7.32B7.33B7.37B7.40B7.42B7.42B7.63B8.08B8.10B8.11B
Accumulated Depreciation -0.34B-0.34B0.34B-0.33B-0.34B-0.33B0.31B-0.31B0.32B0.31B0.32B0.33B0.34B0.34B0.35B0.37B0.39B0.38B0.40B0.42B0.44B0.47B0.49B0.52B0.55B0.57B0.59B0.62B0.65B0.69B0.67B0.69B0.72B0.72B0.75B0.79B0.81B0.84B0.86B0.88B0.91B0.94B0.93B0.94B0.97B0.98B0.98B1.00B1.03B1.05B1.09B1.13B1.17B1.21B1.25B1.29B1.33B1.38B1.42B1.46B1.50B1.54B1.59B1.64B1.68B1.73B
Real Estate - Net 1.55B1.53B1.42B1.40B1.42B1.43B1.46B1.43B1.79B1.86B1.88B2.09B2.09B2.07B2.15B2.09B2.16B2.24B2.33B2.36B2.63B2.66B2.71B2.75B2.87B3.06B3.21B3.28B3.33B3.33B3.35B3.36B3.41B3.42B3.43B3.49B3.60B3.60B3.74B3.74B3.77B3.77B3.83B3.83B4.51B4.49B4.51B4.53B6.10B6.10B6.09B6.08B6.05B6.01B5.99B5.96B5.95B5.94B5.91B5.88B6.04B6.45B6.41B6.38B
Receivables - Affiliates 0.00B0.01B0.01B0.01B0.01B0.02B0.01B0.02B0.02B
Assets
Current Assets
Cash & Equivalents 0.00B0.10B0.10B0.03B0.02B0.01B0.00B0.00B0.01B0.01B0.01B0.14B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.03B0.00B0.00B0.00B0.00B0.06B0.00B0.00B0.09B0.00B0.00B0.01B0.01B0.01B0.01B0.01B0.00B0.00B0.00B0.01B0.01B0.05B0.04B0.00B0.00B0.00B0.00B0.00B0.02B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.04B0.07B0.01B0.01B0.11B
Receivables - Net 0.00B0.00B0.01B0.00B0.00B0.01B0.00B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B
Receivables - Other 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.02B0.02B0.01B0.02B0.01B0.02B0.01B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B
Receivables 0.00B0.00B0.01B0.00B0.01B0.01B0.01B0.01B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.03B0.02B0.02B0.02B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B
Prepaid Assets 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B
Non-Current Assets
Buildings 1.30B1.30B1.24B1.24B1.27B1.29B
Construction in Progress 0.00B0.00B0.00B0.00B0.00B0.00B
Land & Improvements 0.39B0.39B0.37B0.37B0.37B0.38B
Long-Term Investments 0.02B0.02B0.01B0.01B0.02B0.16B0.15B0.10B0.10B0.10B0.09B0.09B0.09B0.10B0.10B0.10B0.10B0.10B0.10B0.09B0.09B0.09B0.10B0.10B0.10B0.10B0.09B0.09B0.09B0.09B0.10B0.09B0.09B0.09B0.09B0.10B0.11B0.12B0.12B0.11B0.11B0.11B0.10B0.10B0.10B0.10B0.10B0.09B0.09B0.09B0.08B0.07B0.07B
Goodwill 521.47B529.64B698.00B
Intangibles 0.01B0.02B0.02B0.01B0.02B0.01B0.01B0.00B0.01B0.01B0.06B0.04B0.03B0.02B0.11B0.08B0.05B0.02B0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.04B0.03B0.02B
Goodwill & Intangibles 521.47B529.64B698.00B0.01B0.02B0.02B0.01B0.02B0.01B0.01B0.00B0.01B0.01B0.06B0.04B0.03B0.02B0.11B0.08B0.05B0.02B0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.04B0.03B0.02B
Long-Term Deferred Tax 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B
Other Non-Current Assets -0.00B0.01B0.00B-0.00B0.02B0.02B0.02B0.02B0.04B0.04B0.03B0.05B0.04B0.03B0.03B0.03B0.03B0.03B0.04B0.04B0.05B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.03B0.03B0.04B0.03B0.04B0.04B0.05B0.05B0.11B0.11B0.10B0.10B0.09B0.09B0.09B0.17B0.16B0.15B0.13B0.27B0.23B0.21B0.17B0.15B0.16B0.17B0.16B0.16B0.16B0.17B0.17B0.18B0.20B0.20B0.19B
Assets 1.56B1.60B1.49B1.48B1.48B1.51B1.50B1.88B1.94B2.09B2.17B2.15B2.11B2.20B2.20B2.36B2.44B2.50B2.54B2.79B2.81B2.86B2.93B3.10B3.21B3.36B3.52B3.48B3.47B3.49B3.50B3.55B3.57B3.58B3.64B3.75B3.81B3.95B3.95B4.03B4.00B4.02B4.03B4.78B4.75B4.77B4.84B6.55B6.46B6.43B6.37B6.33B6.29B6.28B6.23B6.23B6.21B6.18B6.19B6.39B6.74B6.71B6.76B
Liabilities
Current Liabilities
Accounts Payables -0.00B0.01B-0.00B0.04B-0.00B0.04B0.05B0.05B0.05B0.06B0.06B0.06B0.05B0.05B0.06B0.06B0.05B0.06B0.06B0.07B0.07B0.08B0.09B0.09B0.10B0.10B0.09B0.09B0.10B0.13B0.14B0.14B0.12B0.15B0.15B0.15B0.17B0.16B0.15B0.14B0.14B0.17B0.15B0.16B0.17B0.18B0.18B0.20B0.20B0.22B0.22B0.21B0.19B0.21B0.22B0.20B0.20B0.23B0.22B0.23B0.22B0.24B0.25B
Dividends payables 0.00B0.00B0.00B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.03B0.03B0.03B0.03B0.04B0.04B0.04B0.04B0.05B0.05B0.05B0.05B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.06B0.07B0.07B0.07B0.07B0.10B0.10B0.10B0.10B0.11B0.11B0.11B0.11B0.12B0.12B0.12B0.12B0.12B0.12B0.12B0.12B
Payables -0.00B0.00B0.01B0.00B0.04B0.00B0.04B0.06B0.06B0.06B0.07B0.08B0.08B0.07B0.07B0.07B0.08B0.07B0.08B0.08B0.10B0.10B0.11B0.12B0.12B0.14B0.14B0.13B0.14B0.15B0.18B0.19B0.20B0.18B0.20B0.21B0.21B0.23B0.23B0.21B0.20B0.20B0.23B0.22B0.23B0.24B0.25B0.25B0.30B0.30B0.31B0.32B0.33B0.30B0.33B0.33B0.32B0.32B0.35B0.34B0.35B0.34B0.36B0.37B
Other Accumulated Expenses -0.01B-0.00B-0.00B-0.00B0.00B-0.00B-0.00B-0.00B
Current Deferred Revenue 0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.02B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.03B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.04B
Non-Current Liabilities
Non-Current Debt 0.10B0.20B0.20B0.20B0.04B0.30B0.30B0.40B0.40B0.50B0.50B0.50B0.50B0.50B0.50B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.30B0.30B0.30B0.30B0.30B0.30B0.30B0.10B0.26B0.24B0.02B0.04B0.12B0.05B0.02B0.21B0.19B0.17B0.09B0.06B0.06B0.06B0.02B0.02B0.02B0.01B0.38B0.37B
Minority Interest 0.00B-0.00B0.05B0.00B0.00B0.04B0.05B0.00B0.05B0.04B0.05B0.06B0.05B0.06B0.05B0.04B0.04B0.04B0.04B0.04B0.04B0.04B0.05B0.05B0.05B0.06B0.07B0.07B0.07B0.06B0.05B0.05B0.06B0.05B0.05B0.06B0.06B0.06B0.06B0.06B0.06B0.07B0.06B0.05B0.05B0.07B0.25B0.28B0.34B0.34B0.11B0.08B0.06B0.06B0.06B0.07B0.06B0.05B0.06B0.06B0.06B0.07B0.05B0.05B0.05B0.04B
Liabilities from Discontinued Operations 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B
Operating Leases 1.88B1.87B1.74B1.74B1.75B1.74B
Non-Current Deferred Tax Liability 0.00B0.00B0.00B0.00B0.00B0.00B0.00B
Other Non-Current Liabilities -0.00B0.00B0.00B0.00B0.01B
Total Non-Current Liabilities 0.99B-0.00B0.71B0.67B0.82B
Total Liabilities 0.99B0.81B0.71B-0.74B0.67B0.67B0.71B0.71B0.83B0.91B1.07B1.16B1.11B1.09B1.16B1.13B1.23B1.28B1.27B1.22B1.29B1.29B1.33B1.32B1.39B1.45B1.59B1.71B1.76B1.77B1.81B1.83B1.86B1.89B1.83B1.88B1.98B2.05B2.11B2.06B2.16B2.16B2.20B2.21B2.69B2.59B2.57B2.55B3.55B3.52B3.53B3.45B3.43B3.40B3.40B3.36B3.34B3.35B3.34B3.32B3.44B3.82B3.82B3.90B
Shareholder's Equity
Total Debt 0.10B0.20B0.20B0.20B0.04B0.30B0.30B0.40B0.40B0.50B0.50B0.50B0.50B0.50B0.50B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.40B0.30B0.30B0.30B0.30B0.30B0.30B0.30B0.10B0.26B0.24B0.02B0.04B0.12B0.05B0.02B0.21B0.19B0.17B0.09B0.06B0.06B0.06B0.02B0.02B0.02B0.01B0.38B0.37B
Common Equity 0.53B0.74B0.73B0.74B0.77B0.75B0.75B0.75B1.00B0.98B0.96B0.95B0.99B0.99B1.00B1.03B1.09B1.12B1.19B1.29B1.45B1.46B1.48B1.55B1.64B1.68B1.71B1.75B1.66B1.64B1.62B1.62B1.64B1.62B1.69B1.70B1.72B1.71B1.78B1.82B1.81B1.79B1.77B1.74B1.84B1.89B1.86B1.95B2.89B2.86B2.84B2.87B2.84B2.82B2.82B2.82B2.82B2.80B2.79B2.81B2.90B2.87B2.84B2.81B
Shareholder's Equity 0.74B0.73B0.74B0.77B0.75B0.75B0.75B1.00B0.98B0.96B0.95B0.99B0.99B1.00B1.03B1.09B1.12B1.19B1.29B1.45B1.46B1.48B1.55B1.64B1.68B1.71B1.75B1.66B1.64B1.62B1.62B1.64B1.62B1.69B1.70B1.72B1.71B1.78B1.82B1.81B1.79B1.77B1.74B1.84B1.89B1.86B1.95B2.89B2.86B2.84B2.87B2.84B2.82B2.82B2.82B2.82B2.80B2.79B2.81B2.90B2.87B2.84B2.81B
Liabilities and Shareholders Equity 1.56B1.60B1.49B1.48B1.48B1.51B1.50B1.88B1.94B2.09B2.17B2.15B2.11B2.20B2.20B2.36B2.44B2.50B2.54B2.79B2.81B2.86B2.93B3.10B3.21B3.36B3.52B3.48B3.47B3.49B3.50B3.55B3.57B3.58B3.64B3.75B3.81B3.95B3.95B4.03B4.00B4.02B4.03B4.78B4.75B4.77B4.84B6.55B6.46B6.43B6.37B6.33B6.29B6.28B6.23B6.23B6.21B6.18B6.19B6.39B6.74B6.71B6.76B
Retained Earnings -0.28B-0.28B-0.29B-0.30B-0.31B-0.32B-0.31B-0.34B-0.36B-0.37B-0.39B-0.41B-0.43B-0.44B-0.45B-0.44B-0.46B-0.47B-0.49B-0.52B-0.54B-0.56B-0.58B-0.58B-0.61B-0.63B-0.63B-0.66B-0.68B-0.69B-0.71B-0.73B-0.75B-0.77B-0.78B-0.79B-0.82B-0.84B-0.86B-0.88B-0.89B-0.92B-0.95B-0.97B-1.03B-1.12B-1.11B-1.22B-1.27B-1.29B-1.27B-1.30B-1.32B-1.33B-1.33B-1.35B-1.36B-1.39B-1.41B-1.42B-1.45B-1.48B-1.52B
Preferred Shares 0.97B0.98B1.03B1.03B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B
Treasury Shares 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B
Shares Outstanding 0.09B0.10B0.10B0.10B0.10B0.12B0.12B0.12B0.13B0.13B0.13B0.13B0.14B0.14B0.00B0.15B0.15B0.16B0.17B0.17B0.17B0.17B0.18B0.18B0.18B0.18B0.18B0.18B0.18B0.18B0.18B0.19B0.19B0.19B0.19B0.19B0.19B0.19B0.19B0.19B0.19B0.20B0.20B0.20B0.20B0.22B0.22B0.22B0.22B0.22B0.22B0.22B0.22B0.22B0.22B0.23B0.23B0.23B0.23B0.23B0.23B