Current Ratio

The current ratio measures a company’s ability to pay short-term debts with its short-term assets; CubeSmart’s ratio of 0.15x means it has only $0.15 in current assets for every $1.00 of current liabilities, indicating very thin liquidity.

This sits well below the Real Estate sector median of 0.31x and places CubeSmart in the 8th percentile among its peers, meaning 92% of sector companies have a higher current ratio. Trend data is not available: the year-over-year and quarter-over-quarter changes are both marked as N/A, so no directional insight can be drawn from recent shifts. The combination of a low current ratio and the lack of trend information points to elevated near-term liquidity risk, though such low ratios are somewhat expected in the real estate sector due to heavy reliance on property assets. This metric contradicts the overall NEUTRAL verdict because the company’s liquidity position is materially weaker than the vast majority of its peers, suggesting a more cautious view may be warranted.

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