Financial Statements

CubeSmart (CUBE)


+0.87 (+2.04%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -975-877-792-729-
Net Income 223166169164134
Stock Dividends -467-8-10-5-669
Dividend Paid --256-244-221-195
Retained Earnings -1,218-975-877-792-729

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5542---
Annual Depreciation -1141458665
Capital Expenditure ---103-86-65
Net PPE 555542--

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

CubeSmart income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes CubeSmart FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.