CubeSmart Non Currrent Assets Other vs Short Long Term Debt Total Analysis
CUBE Stock | USD 48.64 0.84 1.76% |
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 Non Currrent Assets Other and its Short Long Term Debt Total 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.
Non Currrent Assets Other vs Short Long Term Debt Total
Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CubeSmart Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.
The correlation between CubeSmart's Non Currrent Assets Other and Short Long Term Debt Total is 0.05. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of CubeSmart, assuming nothing else is changed. The correlation between historical values of CubeSmart's Non Currrent Assets Other and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of CubeSmart are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., CubeSmart's Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Short Long Term Debt Total
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 Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 22.53, whereas Discontinued Operations is forecasted to decline to about 287.3 K.
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
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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.