CubeSmart (CUBE) — Net Asset Quality Index
CubeSmart (CUBE) has a Net Asset Quality Index of 41.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $6.64 Billion minus total liabilities of $3.86 Billion yields net assets of $2.78 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read CubeSmart total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
CubeSmart Net Asset Quality Index Over Time (2000–2025)
This chart shows how CubeSmart's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the index stands at 41.9%, representing net assets of $2.78 Billion against total assets of $6.64 Billion USD. For live market cap and overall valuation, see market cap of CubeSmart.
Annual Net Asset Quality Index for CubeSmart (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for CubeSmart from 2000 to 2025, covering 26 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check CUBE PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 41.9% | $2.78 Billion | $6.64 Billion | $3.86 Billion | ▼ -4.3 pp |
| 2024 | 46.2% | $2.95 Billion | $6.39 Billion | $3.44 Billion | ▼ -0.1 pp |
| 2023 | 46.3% | $2.88 Billion | $6.23 Billion | $3.34 Billion | ▲ +0.5 pp |
| 2022 | 45.8% | $2.90 Billion | $6.33 Billion | $3.43 Billion | ▲ +0.0 pp |
| 2021 | 45.8% | $3.00 Billion | $6.55 Billion | $3.55 Billion | ▲ +2.0 pp |
| 2020 | 43.7% | $2.09 Billion | $4.78 Billion | $2.69 Billion | ▼ -2.6 pp |
| 2019 | 46.4% | $1.87 Billion | $4.03 Billion | $2.16 Billion | ▼ -0.8 pp |
| 2018 | 47.2% | $1.77 Billion | $3.75 Billion | $1.98 Billion | ▼ -0.4 pp |
| 2017 | 47.7% | $1.69 Billion | $3.55 Billion | $1.86 Billion | ▼ -1.7 pp |
| 2016 | 49.4% | $1.72 Billion | $3.48 Billion | $1.76 Billion | ▼ -5.6 pp |
| 2015 | 54.9% | $1.71 Billion | $3.11 Billion | $1.40 Billion | ▲ +1.1 pp |
| 2014 | 53.8% | $1.50 Billion | $2.79 Billion | $1.29 Billion | ▲ +5.9 pp |
| 2013 | 47.9% | $1.13 Billion | $2.36 Billion | $1.23 Billion | ▼ -0.4 pp |
| 2012 | 48.3% | $1.04 Billion | $2.15 Billion | $1.11 Billion | ▼ -4.8 pp |
| 2011 | 53.1% | $995.32 Million | $1.88 Billion | $880.66 Million | ▲ +1.3 pp |
| 2010 | 51.8% | $765.41 Million | $1.48 Billion | $713.41 Million | ▲ +5.5 pp |
| 2009 | 46.2% | $739.33 Million | $1.60 Billion | $859.54 Million | ▲ +10.6 pp |
| 2008 | 35.6% | $568.95 Million | $1.60 Billion | $1.03 Billion | ▼ -2.9 pp |
| 2007 | 38.5% | $650.18 Million | $1.69 Billion | $1.04 Billion | ▼ -6.4 pp |
| 2006 | 44.9% | $725.83 Million | $1.62 Billion | $889.51 Million | ▼ -9.9 pp |
| 2005 | 54.8% | $812.15 Million | $1.48 Billion | $669.34 Million | ▲ +3.9 pp |
| 2004 | 50.9% | $395.22 Million | $775.87 Million | $380.65 Million | ▲ +16.9 pp |
| 2003 | 34.0% | $140.27 Million | $412.22 Million | $271.94 Million | ▲ +0.5 pp |
| 2002 | 33.5% | $140.83 Million | $420.10 Million | $279.27 Million | ▼ -2.7 pp |
| 2001 | 36.3% | $142.16 Million | $392.02 Million | $249.85 Million | ▼ -5.9 pp |
| 2000 | 42.1% | $113.00 Million | $268.31 Million | $155.31 Million | — |