CubeSmart
NYSE:CUBE
Balance Sheet
Balance Sheet Decomposition
CubeSmart
CubeSmart
Balance Sheet
CubeSmart
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents |
2
|
8
|
29
|
99
|
20
|
5
|
4
|
103
|
6
|
9
|
5
|
3
|
3
|
63
|
3
|
5
|
4
|
55
|
4
|
11
|
6
|
7
|
72
|
|
| Cash Equivalents |
2
|
8
|
29
|
99
|
20
|
5
|
4
|
103
|
6
|
9
|
5
|
3
|
3
|
63
|
3
|
5
|
4
|
55
|
4
|
11
|
6
|
7
|
72
|
|
| Total Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
10
|
5
|
4
|
5
|
5
|
6
|
6
|
6
|
6
|
8
|
8
|
9
|
10
|
|
| Accounts Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
10
|
5
|
4
|
5
|
5
|
6
|
6
|
6
|
6
|
8
|
8
|
9
|
10
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
4
|
4
|
5
|
6
|
6
|
7
|
9
|
10
|
10
|
13
|
15
|
|
| Total Current Assets |
2
|
8
|
29
|
99
|
20
|
5
|
4
|
103
|
12
|
15
|
18
|
11
|
11
|
72
|
13
|
17
|
15
|
68
|
18
|
30
|
24
|
29
|
97
|
|
| PP&E Net |
411
|
396
|
729
|
1 246
|
1 567
|
1 647
|
1 560
|
1 431
|
1 429
|
1 789
|
2 090
|
2 155
|
2 625
|
2 873
|
3 327
|
3 409
|
3 601
|
3 816
|
4 561
|
6 152
|
6 098
|
6 002
|
6 088
|
|
| PP&E Gross |
411
|
396
|
729
|
1 246
|
1 567
|
1 647
|
1 560
|
1 431
|
1 429
|
1 789
|
2 090
|
2 155
|
2 625
|
2 873
|
3 327
|
3 409
|
3 601
|
3 816
|
4 561
|
6 152
|
6 098
|
6 002
|
6 088
|
|
| Accumulated Depreciation |
81
|
100
|
123
|
141
|
205
|
269
|
328
|
344
|
315
|
319
|
353
|
399
|
492
|
594
|
671
|
753
|
863
|
925
|
984
|
1 086
|
1 248
|
1 416
|
1 591
|
|
| Intangible Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
23
|
22
|
10
|
23
|
13
|
8
|
2
|
8
|
10
|
58
|
109
|
1
|
2
|
10
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
15
|
16
|
18
|
24
|
|
| Long-Term Investments |
0
|
0
|
0
|
95
|
0
|
0
|
0
|
0
|
0
|
15
|
0
|
156
|
96
|
97
|
99
|
99
|
111
|
107
|
97
|
120
|
106
|
98
|
92
|
|
| Other Long-Term Assets |
5
|
6
|
15
|
28
|
22
|
22
|
23
|
35
|
26
|
19
|
14
|
17
|
14
|
27
|
10
|
6
|
4
|
8
|
6
|
54
|
12
|
6
|
9
|
|
| Other Assets |
4
|
3
|
3
|
8
|
7
|
14
|
11
|
31
|
4
|
14
|
7
|
10
|
18
|
22
|
18
|
14
|
14
|
21
|
25
|
68
|
69
|
71
|
75
|
|
| Total Assets |
421
N/A
|
412
-2%
|
776
+88%
|
1 476
+90%
|
1 615
+9%
|
1 688
+4%
|
1 598
-5%
|
1 599
+0%
|
1 479
-8%
|
1 876
+27%
|
2 150
+15%
|
2 359
+10%
|
2 786
+18%
|
3 104
+11%
|
3 475
+12%
|
3 545
+2%
|
3 753
+6%
|
4 030
+7%
|
4 778
+19%
|
6 548
+37%
|
6 326
-3%
|
6 225
-2%
|
6 394
+3%
|
|
| Liabilities | ||||||||||||||||||||||||
| Accounts Payable |
3
|
3
|
11
|
17
|
23
|
34
|
39
|
34
|
36
|
51
|
61
|
58
|
69
|
85
|
94
|
143
|
150
|
92
|
106
|
146
|
165
|
151
|
180
|
|
| Accrued Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
46
|
54
|
54
|
49
|
50
|
50
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
47
|
57
|
200
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
35
|
3
|
|
| Other Current Liabilities |
0
|
0
|
8
|
19
|
19
|
12
|
2
|
3
|
8
|
12
|
17
|
20
|
29
|
39
|
50
|
56
|
61
|
65
|
69
|
99
|
112
|
116
|
120
|
|
| Total Current Liabilities |
4
|
4
|
19
|
36
|
42
|
93
|
99
|
237
|
44
|
63
|
78
|
78
|
98
|
124
|
144
|
199
|
211
|
203
|
230
|
301
|
328
|
352
|
353
|
|
| Long-Term Debt |
270
|
272
|
381
|
669
|
879
|
980
|
920
|
569
|
616
|
758
|
1 024
|
1 139
|
1 174
|
1 252
|
1 596
|
1 635
|
1 747
|
1 932
|
2 428
|
3 209
|
3 060
|
2 954
|
3 049
|
|
| Minority Interest |
0
|
0
|
11
|
64
|
57
|
49
|
46
|
89
|
86
|
89
|
48
|
37
|
51
|
68
|
60
|
61
|
63
|
70
|
258
|
127
|
72
|
82
|
82
|
|
| Other Liabilities |
4
|
5
|
6
|
9
|
10
|
10
|
10
|
8
|
9
|
10
|
11
|
12
|
15
|
18
|
20
|
22
|
23
|
25
|
29
|
40
|
41
|
38
|
39
|
|
| Total Liabilities |
279
N/A
|
281
+1%
|
417
+48%
|
778
+87%
|
988
+27%
|
1 132
+15%
|
1 075
-5%
|
904
-16%
|
755
-16%
|
920
+22%
|
1 161
+26%
|
1 266
+9%
|
1 338
+6%
|
1 461
+9%
|
1 820
+25%
|
1 916
+5%
|
2 043
+7%
|
2 230
+9%
|
2 946
+32%
|
3 677
+25%
|
3 500
-5%
|
3 426
-2%
|
3 522
+3%
|
|
| Equity | ||||||||||||||||||||||||
| Common Stock |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
|
| Retained Earnings |
0
|
0
|
37
|
93
|
168
|
241
|
271
|
280
|
303
|
342
|
410
|
441
|
519
|
585
|
659
|
729
|
792
|
877
|
975
|
1 219
|
1 301
|
1 345
|
1 416
|
|
| Additional Paid In Capital |
0
|
0
|
397
|
790
|
795
|
798
|
801
|
975
|
1 027
|
1 310
|
1 419
|
1 543
|
1 974
|
2 231
|
2 314
|
2 357
|
2 501
|
2 675
|
2 806
|
4 088
|
4 126
|
4 142
|
4 286
|
|
| Other Equity |
142
|
132
|
0
|
0
|
0
|
2
|
8
|
1
|
1
|
13
|
20
|
11
|
9
|
5
|
2
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
|
| Total Equity |
142
N/A
|
132
-8%
|
359
+173%
|
699
+94%
|
628
-10%
|
556
-11%
|
523
-6%
|
695
+33%
|
724
+4%
|
956
+32%
|
990
+4%
|
1 092
+10%
|
1 448
+33%
|
1 643
+13%
|
1 655
+1%
|
1 629
-2%
|
1 710
+5%
|
1 799
+5%
|
1 832
+2%
|
2 872
+57%
|
2 826
-2%
|
2 799
-1%
|
2 872
+3%
|
|
| Total Liabilities & Equity |
421
N/A
|
412
-2%
|
776
+88%
|
1 476
+90%
|
1 615
+9%
|
1 688
+4%
|
1 598
-5%
|
1 599
+0%
|
1 479
-8%
|
1 876
+27%
|
2 150
+15%
|
2 359
+10%
|
2 786
+18%
|
3 104
+11%
|
3 475
+12%
|
3 545
+2%
|
3 753
+6%
|
4 030
+7%
|
4 778
+19%
|
6 548
+37%
|
6 326
-3%
|
6 225
-2%
|
6 394
+3%
|
|
| Shares Outstanding | ||||||||||||||||||||||||
| Common Shares Outstanding |
33
|
33
|
37
|
57
|
57
|
58
|
58
|
93
|
99
|
122
|
132
|
139
|
164
|
175
|
180
|
182
|
187
|
194
|
197
|
224
|
225
|
225
|
228
|
|
| Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|