CubeSmart (CUBE)
42.09
+0.29
(+0.69%)
USD |
NYSE |
Apr 24, 16:00
42.09
0.00 (0.00%)
After-Hours: 19:46
CubeSmart Debt to Equity Ratio: 1.044 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.044 |
| September 30, 2023 | 1.040 |
| June 30, 2023 | 1.059 |
| March 31, 2023 | 1.067 |
| December 31, 2022 | 1.060 |
| September 30, 2022 | 1.060 |
| June 30, 2022 | 1.099 |
| March 31, 2022 | 1.096 |
| December 31, 2021 | 1.096 |
| September 30, 2021 | 1.143 |
| June 30, 2021 | 1.206 |
| March 31, 2021 | 1.201 |
| December 31, 2020 | 1.291 |
| September 30, 2020 | 1.134 |
| June 30, 2020 | 1.106 |
| March 31, 2020 | 1.084 |
| December 31, 2019 | 1.074 |
| September 30, 2019 | 1.006 |
| June 30, 2019 | 1.044 |
| March 31, 2019 | 1.056 |
| December 31, 2018 | 1.022 |
| September 30, 2018 | 0.9712 |
| June 30, 2018 | 0.9488 |
| March 31, 2018 | 1.049 |
| December 31, 2017 | 1.004 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.002 |
| June 30, 2017 | 0.9992 |
| March 31, 2017 | 0.979 |
| December 31, 2016 | 0.964 |
| September 30, 2016 | 0.8892 |
| June 30, 2016 | 0.8398 |
| March 31, 2016 | 0.7707 |
| December 31, 2015 | 0.7616 |
| September 30, 2015 | 0.7695 |
| June 30, 2015 | 0.8146 |
| March 31, 2015 | 0.8062 |
| December 31, 2014 | 0.8107 |
| September 30, 2014 | 0.8669 |
| June 30, 2014 | 0.9965 |
| March 31, 2014 | 1.067 |
| December 31, 2013 | 1.043 |
| September 30, 2013 | 1.012 |
| June 30, 2013 | 1.071 |
| March 31, 2013 | 1.018 |
| December 31, 2012 | 1.034 |
| September 30, 2012 | 1.131 |
| June 30, 2012 | 1.074 |
| March 31, 2012 | 0.8947 |
| December 31, 2011 | 0.7934 |
| September 30, 2011 | 0.9125 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.006
Minimum
Sep 2019
1.291
Maximum
Dec 2020
1.100
Average
1.084
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Public Storage | 0.9091 |
| Extra Space Storage Inc | 0.7655 |
| Welltower Inc | 0.6194 |
| LTC Properties Inc | 1.011 |
| Universal Health Realty Income Trust | 1.789 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.225B |
| Total Liabilities (Quarterly) | 3.344B |
| Shareholders Equity (Quarterly) | 2.799B |
| Current Ratio | 0.3063 |
| Net Debt Paydown Yield | 0.19% |