CubeSmart Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5.78	71.56	6.53	6.06	11.14
Cash & Short-Term Investments	5.78	71.56	6.53	6.06	11.14
Cash Growth	-91.92%	996.54%	7.62%	-45.57%	210.13%
Restricted Cash	4.45	6.1	1.69	2.86	2.18
Inventory	-	-	-	3.75	49.31
Total Current Assets	10.23	77.66	8.22	12.67	62.63
Net Property, Plant & Equipment	6,376	6,038	5,951	6,048	6,098
Long-Term Investments	74.03	91.97	98.29	105.99	119.75
Other Long-Term Assets	183.08	186.36	167.28	159.16	268.03
Total Assets	6,643	6,394	6,225	6,326	6,548
Accounts Payable	229.67	229.58	201.42	214.38	199.99
Short-Term Debt	378.8	-	18.1	60.9	209.9
Unearned Revenue	41.59	38.92	38.48	38.76	37.14
Other Current Liabilities	121.52	119.6	115.82	112.96	100.98
Total Current Liabilities	771.58	388.1	373.82	427	548.01
Long-Term Debt	3,024	2,987	2,905	2,935	2,936
Long-Term Leases	65.58	65.67	65.71	65.76	65.8
Total Long-Term Liabilities	3,090	3,052	2,970	3,001	3,002
Total Liabilities	3,861	3,440	3,344	3,428	3,550
Common Stock	2.27	2.28	2.25	2.25	2.24
Additional Paid-in Capital	4,303	4,286	4,142	4,125	4,088
Accumulated Other Comprehensive Income	-0.25	-0.33	-0.41	-0.49	-0.57
Retained Earnings	-1,585	-1,416	-1,345	-1,301	-1,218
Total Common Shareholders' Equity	2,719	2,872	2,799	2,826	2,872
Minority Interest	62.63	82.01	60.28	57.42	108.22
Shareholders' Equity	2,756	2,923	2,859	2,884	2,980
Total Liabilities & Equity	6,643	6,394	6,203	6,312	6,529
Total Debt	3,468	3,052	2,988	3,062	3,212
Net Cash (Debt)	-3,463	-2,981	-2,982	-3,056	-3,200
Net Cash Per Share	-15.11	-13.12	-13.18	-13.53	-15.61
Book Value	2,719	2,872	2,799	2,826	2,872
Book Value Per Share	11.87	12.64	12.37	12.51	14.01
Tangible Book Value	2,719	2,872	2,799	2,826	2,872
Tangible Book Value Per Share	11.87	12.64	12.37	12.51	14.01

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q