CubeSmart Other Operating Expenses from 2010 to 2024

CUBE Stock  USD 48.64  0.84  1.76%   
CubeSmart's Other Operating Expenses is increasing over the years with slightly volatile fluctuation. Other Operating Expenses is expected to dwindle to about 285.8 M. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2003-03-31
Previous Quarter
148.8 M
Current Value
147.3 M
Quarterly Volatility
41.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CubeSmart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers, such as Interest Expense of 49.9 M, Total Revenue of 1.1 B or Gross Profit of 285.9 M, as well as many indicators such as Price To Sales Ratio of 6.01, Dividend Yield of 0.0474 or PTB Ratio of 2.1. CubeSmart financial statements analysis is a perfect complement when working with CubeSmart Valuation or Volatility modules.
  
Check out the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

Latest CubeSmart's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of CubeSmart over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CubeSmart. It is also known as CubeSmart overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. CubeSmart's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CubeSmart's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

CubeSmart Other Operating Expenses Regression Statistics

Arithmetic Mean354,712,455
Geometric Mean305,599,186
Coefficient Of Variation43.32
Mean Deviation111,958,315
Median360,535,000
Standard Deviation153,677,190
Sample Variance23616.7T
Range625.3M
R-Value0.79
Mean Square Error9416.3T
R-Squared0.63
Significance0.0004
Slope27,269,953
Total Sum of Squares330633.5T

CubeSmart Other Operating Expenses History

2024285.8 M
2023553.1 M
2022658.5 M
2021532 M
2020421.6 M
2019411.8 M
2018377.9 M

About CubeSmart Financial Statements

CubeSmart stakeholders use historical fundamental indicators, such as CubeSmart's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although CubeSmart investors may analyze each financial statement separately, they are all interrelated. For example, changes in CubeSmart's assets and liabilities are reflected in the revenues and expenses on CubeSmart's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CubeSmart. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses553.1 M285.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.04
Earnings Share
1.75
Revenue Per Share
4.724
Quarterly Revenue Growth
0.008
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.