CubeSmart
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,514 self-storage properties across the United States. According to the 2025 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logistical challenges created by the ma… Read more
CubeSmart (CUBE) - Total Assets
Latest total assets as of December 2025: $6.64 Billion USD
Based on the latest financial reports, CubeSmart (CUBE) holds total assets worth $6.64 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CubeSmart - Total Assets Trend (2000–2025)
This chart illustrates how CubeSmart’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CubeSmart - Asset Composition Analysis
Current Asset Composition (December 2025)
CubeSmart's total assets of $6.64 Billion consist of 0.7% current assets and 99.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $33.85 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.79 Million | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how CubeSmart's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CubeSmart's current assets represent 0.7% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
CubeSmart Competitors by Total Assets
Key competitors of CubeSmart based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fibra Terrafina
PINK:CBAOF
|
USA | $63.31 Billion |
|
Esr Kendall Square Reit Co Ltd
KO:365550
|
Korea | ₩2.53 Trillion |
|
Atrium Real Estate Investment Trust
KLSE:5130
|
Malaysia | RM723.24 Million |
|
AME REIT
KLSE:5307
|
Malaysia | RM809.14 Million |
|
Abacus Storage King
AU:ASK
|
Australia | AU$3.71 Billion |
|
Ascendas Real Estate Investment Trust
PINK:ACDSF
|
USA | $19.85 Billion |
|
Margaux Real Estate Investment Trust
V:ALFA-UN
|
Canada | CA$14.11 Million |
|
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
|
Thailand | ฿4.69 Billion |
CubeSmart - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - CubeSmart generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, CubeSmart generates $5.02 in net profit.
CubeSmart - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.51 | 0.16 |
| Quick Ratio | 0.13 | 0.51 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-301.82 Million | $ -191.15 Million | $ -268.01 Million |
CubeSmart - Advanced Valuation Insights
This section examines the relationship between CubeSmart's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.35 |
| Latest Market Cap to Assets Ratio | 1.32 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | $6.64 Billion |
| Market Capitalization | $8.79 Billion USD |
Valuation Analysis
Above Book Valuation: The market values CubeSmart's assets above their book value (1.32 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: CubeSmart's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CubeSmart (2000–2025)
The table below shows the annual total assets of CubeSmart from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $6.64 Billion | +3.89% |
| 2024-12-31 | $6.39 Billion | +2.72% |
| 2023-12-31 | $6.23 Billion | -1.59% |
| 2022-12-31 | $6.33 Billion | -3.39% |
| 2021-12-31 | $6.55 Billion | +37.04% |
| 2020-12-31 | $4.78 Billion | +18.58% |
| 2019-12-31 | $4.03 Billion | +7.37% |
| 2018-12-31 | $3.75 Billion | +5.86% |
| 2017-12-31 | $3.55 Billion | +2.02% |
| 2016-12-31 | $3.48 Billion | +11.56% |
| 2015-12-31 | $3.11 Billion | +11.79% |
| 2014-12-31 | $2.79 Billion | +18.13% |
| 2013-12-31 | $2.36 Billion | +9.69% |
| 2012-12-31 | $2.15 Billion | +14.62% |
| 2011-12-31 | $1.88 Billion | +26.86% |
| 2010-12-31 | $1.48 Billion | -7.51% |
| 2009-12-31 | $1.60 Billion | +0.08% |
| 2008-12-31 | $1.60 Billion | -5.34% |
| 2007-12-31 | $1.69 Billion | +4.49% |
| 2006-12-31 | $1.62 Billion | +9.03% |
| 2005-12-31 | $1.48 Billion | +90.94% |
| 2004-12-31 | $775.87 Million | +88.22% |
| 2003-12-31 | $412.22 Million | -1.88% |
| 2002-12-31 | $420.10 Million | +7.16% |
| 2001-12-31 | $392.02 Million | +46.11% |
| 2000-12-31 | $268.31 Million | -- |