What does TX — payments to acquire real estate mean?

The total amount of capital invested in acquiring or improving real estate properties within the Texas market.

How do you interpret TX — payments to acquire real estate?

An increase suggests aggressive regional expansion or significant facility upgrades, while a decrease may indicate a shift toward capital preservation or a saturated market position.

How does TX — payments to acquire real estate compare across companies?

Peers in the self-storage sector report similar regional capital expenditure metrics to demonstrate geographic growth strategies and asset quality maintenance.

CubeSmart CUBE TX — Payments To Acquire Real Estate

Discontinued — last reported Q4 '17

Similar metrics at other companies

ARE

ARETEXAS — Purchase Price

$400.4M—

REGTX — Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs

$10.11M+199%

WELLTexas — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Improvements

$1.46B—

EXRTX — Adjustments and Costs to Land and Building Subsequent to Acquisition

$166.82M+42.3%

EXRTX — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross

$3.49B0.0%

LINETexas — Costs capitalized subsequent to acquisition

$130M+9.2%

Other financials

Income statement

See full

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

See full

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

See full

Market cap$9.2B-14.5%

Enterprise value$9.26B-14.4%

P/E28.3×+0.4×

P/S8.1×-1.9×

Profitability

See full

Gross margin68.3%-1.6pp

Operating margin37.8%—

Net margin28.7%-7.1pp

Returns & leverage

See full

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:PaymentsToAcquireRealEstate.

The official record: CubeSmart’s 10-Q, filed April 26, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does TX — payments to acquire real estate mean?: The total amount of capital invested in acquiring or improving real estate properties within the Texas market.
How do you interpret TX — payments to acquire real estate?: An increase suggests aggressive regional expansion or significant facility upgrades, while a decrease may indicate a shift toward capital preservation or a saturated market position.
How does TX — payments to acquire real estate compare across companies?: Peers in the self-storage sector report similar regional capital expenditure metrics to demonstrate geographic growth strategies and asset quality maintenance.