CubeSmart Intangible Assets vs Capital Surpluse Analysis
CUBE Stock | USD 48.55 0.33 0.68% |
CubeSmart financial indicator trend analysis is way more than just evaluating CubeSmart prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CubeSmart is a good investment. Please check the relationship between CubeSmart Intangible Assets and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
Intangible Assets vs Capital Surpluse
Intangible Assets vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CubeSmart Intangible Assets account and Capital Surpluse. At this time, the significance of the direction appears to have very week relationship.
The correlation between CubeSmart's Intangible Assets and Capital Surpluse is 0.25. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of CubeSmart, assuming nothing else is changed. The correlation between historical values of CubeSmart's Intangible Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of CubeSmart are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Intangible Assets i.e., CubeSmart's Intangible Assets and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Capital Surpluse
Most indicators from CubeSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CubeSmart current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.At present, CubeSmart's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 570.5M | 716.4M | 554.3M | 285.9M | Total Revenue | 822.6M | 1.0B | 1.1B | 1.1B |
CubeSmart fundamental ratios Correlations
Click cells to compare fundamentals
CubeSmart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CubeSmart fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.8B | 6.5B | 6.3B | 6.2B | 6.5B | |
Total Stockholder Equity | 1.8B | 1.8B | 2.9B | 2.8B | 2.8B | 2.9B | |
Other Assets | 24.8M | 4.8B | 6.5B | 6.3B | 6.0B | 6.3B | |
Common Stock Shares Outstanding | 191.6M | 194.9M | 205.0M | 225.9M | 226.2M | 129.6M | |
Liabilities And Stockholders Equity | 4.0B | 4.8B | 6.5B | 6.3B | 6.2B | 6.5B | |
Other Stockholder Equity | 3.6B | 2.8B | 4.1B | 4.1B | (411K) | (390.5K) | |
Total Liab | 2.2B | 2.7B | 3.5B | 3.4B | 3.3B | 3.5B | |
Short Long Term Debt Total | 1.9B | 2.4B | 3.2B | 3.1B | 3.0B | 3.2B | |
Other Current Liab | (1.9B) | 68.3M | 99.9M | 113.0M | 99.4M | 104.4M | |
Other Liab | 38.3M | 30.2M | 38.2M | 39.8M | 45.8M | 27.2M | |
Property Plant And Equipment Net | 41.7M | 55.3M | 54.7M | 49.5M | 50.5M | 48.0M | |
Net Debt | 1.9B | 2.4B | 3.2B | 3.1B | 3.0B | 3.2B | |
Accounts Payable | 137.9M | 159.1M | 200.0M | 213.3M | 201.4M | 211.5M | |
Cash | 54.9M | 3.6M | 11.1M | 6.1M | 8.2M | 7.8M | |
Non Current Assets Total | 4.0B | 4.8B | 6.5B | 6.3B | 6.1B | 3.2B | |
Non Currrent Assets Other | 105.5M | 174.0M | 268.0M | (169.3M) | 81.8M | 85.9M | |
Long Term Debt | 1.9B | 2.2B | 2.9B | 2.9B | 2.9B | 1.5B | |
Cash And Short Term Investments | 54.9M | 3.6M | 11.1M | 6.1M | 8.2M | 7.8M | |
Non Current Liabilities Total | 1.9B | 2.3B | 3.0B | 3.0B | 3.0B | 3.1B | |
Total Current Assets | 58.4M | 6.2M | 62.6M | 12.7M | 114.5M | 120.2M | |
Total Current Liabilities | 227.9M | 374.3M | 546.9M | 425.9M | 373.8M | 250.1M | |
Retained Earnings | (876.6M) | (974.8M) | (1.2B) | (1.3B) | (1.3B) | (1.3B) | |
Common Stock Total Equity | 1.9M | 2.0M | 2.2M | 2.2M | 2.6M | 1.5M | |
Common Stock | 1.9M | 2.0M | 2.2M | 2.2M | 2.2M | 1.5M | |
Other Current Assets | (75.3M) | (25.2M) | (36.9M) | 72.3M | (41.4M) | (39.3M) | |
Current Deferred Revenue | 25.3M | 29.1M | 37.1M | 38.8M | 38.5M | 21.1M | |
Accumulated Other Comprehensive Income | (729K) | (632K) | (570K) | (491K) | (411K) | (431.6K) | |
Short Term Debt | 1.9B | 117.8M | 209.9M | 60.9M | 34.5M | 32.8M | |
Intangible Assets | 10.3M | 57.8M | 108.8M | 1.2M | 1.8M | 1.7M | |
Net Receivables | 16.8M | 19.0M | 23.6M | 30.0M | 33.2M | 17.1M | |
Inventory | 62.0M | 8.9M | 64.8M | (95.8M) | 101.4M | 106.5M | |
Noncontrolling Interest In Consolidated Entity | 8.0M | 8.6M | 18.6M | 14.2M | 16.3M | 17.1M | |
Retained Earnings Total Equity | (876.6M) | (974.8M) | (1.2B) | (1.3B) | (1.2B) | (1.1B) | |
Deferred Long Term Liab | 25.3M | 29.1M | 37.1M | 38.8M | 44.6M | 23.0M | |
Property Plant Equipment | 3.8B | 4.5B | 6.1B | 6.0B | 7.0B | 3.7B | |
Net Tangible Assets | 1.9B | 2.1B | 3.0B | 2.9B | 3.3B | 2.0B | |
Long Term Debt Total | 1.9B | 2.2B | 2.9B | 2.9B | 3.4B | 1.9B |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 1.78 | 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.