Interest Coverage Ratio: 3.67x
Is the interest coverage ratio high or low?
The interest coverage ratio of 3.67x is in line with its 1-year average of 3.71x, near the low end of its 1-year range (3.67x–3.76x).
As of Thursday, June 25, 2026. 1.31% below its 12-month average of 3.71x.
CUBE Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
CUBE Average Interest Coverage Ratio Chart
CUBE Current vs Average Interest Coverage Ratio Chart
CUBE Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
3.67x
INTEREST COVERAGE RATIO AVG TTM
3.71x
INTEREST COVERAGE RATIO AVG 3Y
3.71x
INTEREST COVERAGE RATIO AVG 5Y
3.71x
INTEREST COVERAGE RATIO AVG 10Y
3.07x
INTEREST COVERAGE RATIO AVG 15Y
1.82x
INTEREST COVERAGE RATIO AVG 20Y
1.23x
CURRENT VS TTM AVG
-1.31%
CURRENT VS 3Y AVG
-1.31%
CURRENT VS 5Y AVG
-1.31%
CURRENT VS 10Y AVG
+19.50%
CURRENT VS 15Y AVG
+101.88%
CURRENT VS 20Y AVG
+197.19%
CUBE Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CubeSmart (CUBE) | $9.24B | 3.67x | 3.71x | 3.71x | 3.71x |
| Agree Realty Corporation (ADC)vs › | $9.13B | 2.53x | 2.65x | 2.97x | 3.17x |
| NNN REIT, Inc. (NNN)vs › | $8.85B | 2.82x | 2.98x | 3.15x | 3.13x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.37B | 3.42x | 3.35x | 3.59x | 3.63x |
| BXP, Inc. (BXP)vs › | $10.23B | 3.00x | 2.29x | 2.21x | 2.20x |
| Federal Realty Investment Trust (FRT)vs › | $10.77B | 2.54x | 2.62x | 2.87x | 2.78x |
| Terreno Realty Corporation (TRNO)vs › | $6.95B | 5.86x | 6.47x | 5.74x | 5.83x |
| CoStar Group, Inc. (CSGP)vs › | $12.17B | -3.79x | 4.58x | 7.61x | 35.70x |
| UDR, Inc. (UDR)vs › | $12.47B | 1.64x | 1.50x | 2.02x | 1.79x |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.93B | 2.80x | 3.29x | 3.41x | 2.98x |
Financial Health Indicators
Interest Coverage
3.7x
Debt/Equity
1.30
Current Ratio
0.13
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for CubeSmart (CUBE)?
- The interest coverage ratio for CUBE stock is 3.67x.
- Is CubeSmart's interest coverage ratio high or low?
- The interest coverage ratio of 3.67x is in line with its 1-year average of 3.71x, near the low end of its 1-year range (3.67x–3.76x).
- What is the TTM average interest coverage ratio for CubeSmart (CUBE)?
- The TTM average interest coverage ratio for CUBE stock is 3.71x.
- What is the 3Y average interest coverage ratio for CubeSmart (CUBE)?
- The 3Y average interest coverage ratio for CUBE stock is 3.71x.
- What is the 5Y average interest coverage ratio for CubeSmart (CUBE)?
- The 5Y average interest coverage ratio for CUBE stock is 3.71x.
- What is the 10Y average interest coverage ratio for CubeSmart (CUBE)?
- The 10Y average interest coverage ratio for CUBE stock is 3.07x.
- What is the 15Y average interest coverage ratio for CubeSmart (CUBE)?
- The 15Y average interest coverage ratio for CUBE stock is 1.82x.
- What is the 20Y average interest coverage ratio for CubeSmart (CUBE)?
- The 20Y average interest coverage ratio for CUBE stock is 1.23x.
CUBE Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-03-31 | 3.67x |
| 2025-12-31 | 3.76x |
| 2016-06-30 | 2.58x |
| 2016-03-31 | 2.26x |
| 2015-12-31 | 2.65x |
| 2015-09-30 | 2.72x |
| 2015-06-30 | 2.23x |
| 2015-03-31 | 1.78x |
| 2014-12-31 | 1.53x |
| 2014-09-30 | 1.87x |
| 2014-06-30 | 1.81x |
| 2014-03-31 | 1.63x |
| 2013-12-31 | 1.73x |
| 2013-09-30 | 1.61x |
| 2012-09-30 | 0.75x |
| 2012-06-30 | 0.76x |
| 2012-03-31 | 0.76x |
| 2011-12-31 | 0.50x |
| 2011-09-30 | 1.46x |
| 2011-06-30 | 1.00x |
| 2011-03-31 | 1.06x |
| 2010-12-31 | 0.94x |
| 2010-09-30 | 0.92x |
| 2010-06-30 | 0.63x |
| 2010-03-31 | 0.68x |
| 2009-12-31 | 0.67x |
| 2009-09-30 | 0.66x |
| 2009-06-30 | 0.56x |
| 2009-03-31 | 0.76x |
| 2008-12-31 | 0.61x |
| 2008-09-30 | 0.76x |
| 2008-06-30 | 0.61x |
| 2008-03-31 | 0.65x |
| 2007-09-30 | 0.70x |
| 2007-06-30 | 0.86x |
| 2005-06-30 | 1.37x |
| 2005-03-31 | 1.36x |
About CubeSmart
CubeSmart functions as an independent real estate investment trust (REIT), overseeing both its administration and management. The company's self-storage facilities deliver secure, convenient, and budget-friendly storage options for both private individuals and commercial entities. According to data from the 2020 Self-Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties nationwide.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Christopher Marr