CUBE
CubeSmart
Halal Rating :
Last Price
$41.38
Last updated:
Market Cap
$9.35b
7D Change
2.29%
1 Year Change
-9.54%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
CubeSmart is a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, operation, acquisition, and development of self-storage properties in the United States. The company provides a wide range of storage solutions for both residential and commercial customers, including climate-controlled units, drive-up storage, and various sizing options.
The company generates revenue primarily through rental income from its storage facilities and related services such as tenant insurance, merchandise sales, and other ancillary services.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $247.15m | $23.74m | $-23736000.0 | $23.74m | 9.60% | 100.00% |
| June 30, 2024 | $242.43m | $23.78m | $-23782000.0 | $23.78m | 9.81% | 100.00% |
| March 31, 2024 | $237.46m | $23.95m | $-23949000.0 | $23.95m | 10.09% | 100.00% |
Company Impact
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