CubeSmart Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	7.26	5.78	71.56	6.53	6.06	11.14
Cash & Short-Term Investments	7.26	5.78	71.56	6.53	6.06	11.14
Cash Growth	-32.49%	-91.92%	996.54%	7.62%	-45.57%	210.13%
Restricted Cash	2.21	4.45	6.1	1.69	2.86	2.18
Inventory	-	-	-	-	3.75	49.31
Total Current Assets	9.47	10.23	77.66	8.22	12.67	62.63
Net Property, Plant & Equipment	6,338	6,376	6,038	5,951	6,048	6,098
Long-Term Investments	74.88	74.03	91.97	98.29	105.99	119.75
Other Long-Term Assets	176.01	183.08	186.36	167.28	159.16	268.03
Total Assets	6,598	6,643	6,394	6,225	6,326	6,548
Accounts Payable	224.47	229.67	229.58	201.42	214.38	199.99
Short-Term Debt	415.1	378.8	-	18.1	60.9	209.9
Unearned Revenue	42.71	41.59	38.92	38.48	38.76	37.14
Other Current Liabilities	121.1	121.52	119.6	115.82	112.96	100.98
Total Current Liabilities	803.38	771.58	388.1	373.82	427	548.01
Long-Term Debt	3,025	3,024	2,987	2,905	2,935	2,936
Long-Term Leases	65.53	65.58	65.67	65.71	65.76	65.8
Total Long-Term Liabilities	3,090	3,090	3,052	2,970	3,001	3,002
Total Liabilities	3,893	3,861	3,440	3,344	3,428	3,550
Common Stock	2.27	2.27	2.28	2.25	2.25	2.24
Additional Paid-in Capital	4,304	4,303	4,286	4,142	4,125	4,088
Accumulated Other Comprehensive Income	-0.23	-0.25	-0.33	-0.41	-0.49	-0.57
Retained Earnings	-1,657	-1,585	-1,416	-1,345	-1,301	-1,219
Total Common Shareholders' Equity	2,649	2,719	2,872	2,799	2,826	2,872
Minority Interest	55.4	62.63	82.01	60.28	57.42	108.22
Shareholders' Equity	2,685	2,756	2,923	2,859	2,884	2,980
Total Liabilities & Equity	6,598	6,643	6,394	6,203	6,312	6,529
Total Debt	3,505	3,468	3,052	2,988	3,062	3,212
Net Cash (Debt)	-3,498	-3,463	-2,981	-2,982	-3,056	-3,200
Net Cash Per Share	-15.28	-15.11	-13.12	-13.18	-13.53	-15.61
Book Value	2,649	2,719	2,872	2,799	2,826	2,872
Book Value Per Share	11.57	11.87	12.64	12.37	12.51	14.01
Tangible Book Value	2,649	2,719	2,872	2,799	2,826	2,872
Tangible Book Value Per Share	11.57	11.87	12.64	12.37	12.51	14.01

Updated May 1, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q