Cubesmart (CUBE) Ratios
Cubesmart Ratios
MX:CUBE's free cash flow for Q3 2026 was $206.65M. For the 2026 fiscal year, MX:CUBE's free cash flow was increased by $35.55M and operating cash flow was $171.10M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.13 | 0.51 | 0.31 | 0.25 | 0.29 |
| Quick Ratio | 0.13 | 0.51 | 0.31 | 0.25 | 0.29 |
| Cash Ratio | 0.02 | 0.18 | 0.02 | 0.01 | 0.02 |
| Solvency Ratio | 0.15 | 0.17 | 0.18 | 0.18 | 0.13 |
| Operating Cash Flow Ratio | 1.77 | 1.63 | 1.63 | 1.39 | 0.82 |
| Short-Term Operating Cash Flow Coverage | 1.77 | 0.00 | 33.76 | 9.71 | 2.14 |
| Net Current Asset Value | $ -3.82B | $ -3.24B | $ -3.23B | $ -3.32B | $ -3.39B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.53 | 0.48 | 0.48 | 0.48 | 0.49 |
| Debt-to-Equity Ratio | 1.30 | 1.06 | 1.07 | 1.08 | 1.12 |
| Debt-to-Capital Ratio | 0.57 | 0.52 | 0.52 | 0.52 | 0.53 |
| Long-Term Debt-to-Capital Ratio | 0.52 | 0.51 | 0.51 | 0.51 | 0.51 |
| Financial Leverage Ratio | 2.44 | 2.23 | 2.22 | 2.24 | 2.28 |
| Debt Service Coverage Ratio | 1.53 | 0.00 | 39.28 | 10.87 | 2.49 |
| Interest Coverage Ratio | 3.93 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.41 | 0.31 | 0.28 | 0.33 | 0.27 |
| Interest Debt Per Share | 15.95 | 13.48 | 13.26 | 13.61 | 15.76 |
| Net Debt to EBITDA | 5.01 | 4.33 | 4.19 | 4.62 | 6.12 |
| Profitability Margins | |||||
| Gross Profit Margin | 22.74% | 70.20% | 71.93% | 70.95% | 69.35% |
| EBIT Margin | 39.66% | 45.27% | 48.13% | 34.78% | 35.33% |
| EBITDA Margin | 62.64% | 64.60% | 67.68% | 65.54% | 63.54% |
| Operating Profit Margin | 39.97% | 45.31% | 47.34% | 34.78% | 35.33% |
| Pretax Profit Margin | 29.50% | 36.75% | 39.27% | 28.97% | 28.06% |
| Net Profit Margin | 29.72% | 36.69% | 39.11% | 28.85% | 27.17% |
| Continuous Operations Profit Margin | 29.50% | 36.75% | 39.27% | 28.97% | 28.06% |
| Net Income Per EBT | 100.74% | 99.82% | 99.59% | 99.59% | 96.82% |
| EBT Per EBIT | 73.81% | 81.12% | 82.94% | 83.29% | 79.43% |
| Return on Assets (ROA) | 5.02% | 6.12% | 6.60% | 4.60% | 3.41% |
| Return on Equity (ROE) | 12.27% | 13.62% | 14.68% | 10.31% | 7.78% |
| Return on Capital Employed (ROCE) | 7.13% | 8.04% | 8.50% | 5.95% | 4.84% |
| Return on Invested Capital (ROIC) | 6.76% | 8.04% | 8.47% | 5.89% | 4.68% |
| Return on Tangible Assets | 5.03% | 6.13% | 6.60% | 4.61% | 3.47% |
| Earnings Yield | 4.05% | 4.03% | 3.93% | 3.22% | 1.93% |
| Efficiency Ratios | |||||
| Receivables Turnover | 33.18 | 26.34 | 31.65 | 33.64 | 34.91 |
| Payables Turnover | 0.00 | 1.38 | 1.46 | 1.37 | 1.26 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 23.20 | 21.57 | 20.81 | 20.40 | 15.03 |
| Asset Turnover | 0.17 | 0.17 | 0.17 | 0.16 | 0.13 |
| Working Capital Turnover Ratio | -4.56 | -4.73 | -3.63 | -2.85 | -2.31 |
| Cash Conversion Cycle | 11.00 | -249.86 | -237.87 | -255.98 | -279.09 |
| Days of Sales Outstanding | 11.00 | 13.86 | 11.53 | 10.85 | 10.46 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 263.72 | 249.40 | 266.83 | 289.54 |
| Operating Cycle | 11.00 | 13.86 | 11.53 | 10.85 | 10.46 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.67 | 2.79 | 2.71 | 2.63 | 2.20 |
| Free Cash Flow Per Share | 2.48 | 2.79 | 2.71 | 2.63 | 2.20 |
| Dividend Paid and CapEx Coverage Ratio | 1.17 | 1.37 | 1.38 | 1.53 | 1.59 |
| Capital Expenditure Coverage Ratio | 13.66 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cash Flow Coverage Ratio | 0.17 | 0.21 | 0.20 | 0.19 | 0.14 |
| Operating Cash Flow to Sales Ratio | 0.54 | 0.59 | 0.58 | 0.59 | 0.55 |
| Free Cash Flow Yield | 6.88% | 6.51% | 5.85% | 6.53% | 3.87% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 24.69 | 24.79 | 25.44 | 31.08 | 51.91 |
| Price-to-Sales (P/S) Ratio | 7.34 | 9.10 | 9.95 | 8.97 | 14.10 |
| Price-to-Book (P/B) Ratio | 3.03 | 3.38 | 3.73 | 3.20 | 4.04 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 14.55 | 15.37 | 17.10 | 15.31 | 25.82 |
| Price-to-Operating Cash Flow Ratio | 13.48 | 15.37 | 17.10 | 15.31 | 25.82 |
| Price-to-Earnings Growth (PEG) Ratio | -1.58 | -5.01 | 0.62 | 1.80 | 1.76 |
| Enterprise Value Multiple | 16.73 | 18.41 | 18.89 | 18.30 | 28.32 |
| Enterprise Value | 11.77B | 12.68B | 13.43B | 12.11B | 14.80B |
| EV to EBITDA | 16.73 | 18.41 | 18.89 | 18.30 | 28.32 |
| EV to Sales | 10.48 | 11.89 | 12.79 | 11.99 | 17.99 |
| EV to Free Cash Flow | 20.77 | 20.09 | 21.98 | 20.47 | 32.95 |
| EV to Operating Cash Flow | 19.25 | 20.09 | 21.98 | 20.47 | 32.95 |
| Tangible Book Value Per Share | 12.13 | 13.00 | 12.77 | 12.88 | 14.18 |
| Shareholders’ Equity Per Share | 11.89 | 12.69 | 12.42 | 12.56 | 14.09 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Per Share | 4.91 | 4.71 | 4.66 | 4.49 | 4.04 |
| Net Income Per Share | 1.46 | 1.73 | 1.82 | 1.29 | 1.10 |
| Tax Burden | 1.01 | 1.00 | 1.00 | 1.00 | 0.97 |
| Interest Burden | 0.74 | 0.81 | 0.82 | 0.83 | 0.79 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.06 | 0.08 | 0.05 | 0.05 | 0.06 |
| Stock-Based Compensation to Revenue | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.83 | 1.61 | 1.49 | 2.03 | 2.01 |
Currency in USD
