What does NY — payments to acquire businesses gross mean?

This metric captures the total gross cash consideration paid for the acquisition of entire business entities or portfolios within the NY region. It excludes divestitures and represents the capital deployed to expand market share through inorganic growth. It is a primary indicator of the company's regional acquisition velocity and investment appetite.

CubeSmart CUBE NY — Payments To Acquire Businesses Gross

Discontinued — last reported Q4 '20

Similar metrics at other companies

HOODPayments To Acquire Businesses Gross

$71M-59.4%

RGENPayments to Acquire Businesses, Net of Cash Acquired

$0-100%

ROADPayments to Acquire Businesses, Net of Cash Acquired

$60.77M-65.2%

LKQPayments to Acquire Businesses, Net of Cash Acquired

$5M+2,100%

DLRPayments to Acquire Businesses, Net of Cash Acquired

$67M—

EWPayments To Acquire Businesses, Net Of Cash Acquired, Excluding Options

$35.1M—

Other financials

Income statement

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Revenue$281.9M+3.3%

Gross profit$191.9M+0.9%

Net income$82.8M-6.8%

EPS (diluted)$0.36-7.7%

Balance sheet

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Cash & equivalents$7.3M-32.5%

Total debt$65.5M-0.2%

Total equity$2.6B-6.9%

Total assets$6.6B-2.1%

Cash flow

See full

Operating cash flow$148.8M+1.7%

Valuation

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Market cap$9.2B-14.5%

Enterprise value$9.26B-14.4%

P/E28.3×+0.4×

P/S8.1×-1.9×

Profitability

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Gross margin68.3%-1.6pp

Operating margin37.8%—

Net margin28.7%-7.1pp

Returns & leverage

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Return on equity11.8%-1.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by CubeSmart in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesGross.

The official record: CubeSmart’s 10-Q, filed November 6, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does NY — payments to acquire businesses gross mean?: This metric captures the total gross cash consideration paid for the acquisition of entire business entities or portfolios within the NY region. It excludes divestitures and represents the capital deployed to expand market share through inorganic growth. It is a primary indicator of the company's regional acquisition velocity and investment appetite.