Financial Statements

CubeSmart (CUBE)


+0.03 (+0.06%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -1,218-975-877-792-
Net Income 1991319084164
Stock Dividends 105-1006875-734
Dividend Paid -387-274-256-244-221
Retained Earnings -1,301-1,218-975-877-792

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 555542--
Annual Depreciation -5-11414586
Capital Expenditure ----103-86
Net PPE 49555542-

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
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.