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CubeSmart (CubeSmart) Total Liabilities : $3,344.21 Mil (As of Dec. 2023)


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What is CubeSmart Total Liabilities?

CubeSmart's Total Liabilities for the quarter that ended in Dec. 2023 was $3,344.21 Mil.

CubeSmart's quarterly Total Liabilities declined from Jun. 2023 ($3,402.16 Mil) to Sep. 2023 ($3,360.08 Mil) and declined from Sep. 2023 ($3,360.08 Mil) to Dec. 2023 ($3,344.21 Mil).

CubeSmart's annual Total Liabilities declined from Dec. 2021 ($3,549.70 Mil) to Dec. 2022 ($3,428.03 Mil) and declined from Dec. 2022 ($3,428.03 Mil) to Dec. 2023 ($3,344.21 Mil).


CubeSmart Total Liabilities Historical Data

The historical data trend for CubeSmart's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CubeSmart Total Liabilities Chart

CubeSmart Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,160.12 2,687.88 3,549.70 3,428.03 3,344.21

CubeSmart Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,428.03 3,403.84 3,402.16 3,360.08 3,344.21

CubeSmart Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

CubeSmart's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=373.822+(2970.39+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=3,344.21

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=6225.02-2880.808
=3,344.21

CubeSmart's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=373.822+(2970.39+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=3,344.21

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=6225.02-2880.808
=3,344.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CubeSmart Total Liabilities Related Terms

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CubeSmart (CubeSmart) Business Description

Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.