{ "docId": "019de517-bd16-75a6-a917-8ce4ee6f0002", "docSlug": "394804652422c634ad5e4781d4f373f1", "documentTitle": "CubeSmart | Investor Presentation Deck | 30 slides", "authorId": "cubesmart", "authorName": "CubeSmart", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-01-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 21, "pageCount": 30, "prevPage": 20, "nextPage": 22, "slideType": "kpi_overview", "function": "frame_situation", "density": "overcrowded", "nDataPoints": 42, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de517-bd16-75a6-a917-8ce4ee6f0002/21", "deckHref": "/decks/019de517-bd16-75a6-a917-8ce4ee6f0002", "deckJsonHref": "/decks/019de517-bd16-75a6-a917-8ce4ee6f0002.json", "deckAnchorHref": "/decks/019de517-bd16-75a6-a917-8ce4ee6f0002#slide-21", "components": [ { "bbox": { "h": 0.3, "w": 0.45, "x": 0.056, "y": 0.589 }, "kind": "chart", "text": "Net Debt to EBITDA¹: 4.1x", "attrs": { "title": "Net Debt to EBITDA¹", "value": "4.1x", "series": [ { "data": [ 4.5, 4.7, 4.7, 5.2, 5.3, 4.3, 4.1 ], "name": "Net Debt to EBITDA" } ], "x_axis_labels": [ "2017", "2018", "2019", "2020", "2021", "2022", "2023" ], "y_axis_labels": [ "1.0x", "2.0x", "3.0x", "4.0x", "5.0x", "6.0x", "7.0x" ] }, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4b5f9db3-c67e-4f16-819e-c6864c8cf2cd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.45, "x": 0.51, "y": 0.239 }, "kind": "chart", "text": "Debt to Gross Assets¹: 38.4%\nUnsecured Debt\nSecured Debt", "attrs": { "title": "Debt to Gross Assets¹", "value": "38.4%", "series": [ { "data": [ 0.36, 0.36, 0.36, 0.36, 0.36, 0.36, 0.36 ], "name": "Unsecured Debt" }, { "data": [ 0, 0, 0, 0, 0, 0, 0 ], "name": "Secured Debt" } ], "x_axis_labels": [ "2017", "2018", "2019", "2020", "2021", "2022", "2023" ], "y_axis_labels": [ "0.0%", "20.0%", "40.0%", "60.0%", "80.0%", "100.0%" ] }, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6be238d4-c110-452d-ad50-07bdf4e7dfcc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.45, "x": 0.51, "y": 0.589 }, "kind": "chart", "text": "EBITDA Coverage1,2: 7.6x", "attrs": { "title": "EBITDA Coverage1,2", "value": "7.6x", "series": [ { "data": [ 6, 5.9, 5.8, 6.5, 6.9, 7.2, 7.6 ], "name": "EBITDA Coverage" } ], "x_axis_labels": [ "2017", "2018", "2019", "2020", "2021", "2022", "2023" ], "y_axis_labels": [ "0.0x", "2.0x", "4.0x", "6.0x", "8.0x", "10.0x" ] }, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a2c2a18c-c80d-4f5d-b2bc-9aeb39395f7d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.025, "w": 0.09, "x": 0.103, "y": 0.44 }, "kind": "image", "text": "MOODY'S", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "01bce9f9-a7e8-4125-922d-3549b56c4b8b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.025, "w": 0.09, "x": 0.273, "y": 0.438 }, "kind": "image", "text": "STANDARD & POOR'S", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fc1bec9d-4393-4deb-b6a7-154479695bb1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.049, "x": 0.374, "y": 0.438 }, "kind": "paragraph", "text": "BBB\n(Stable)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b4f9916e-664b-4125-a86a-d5af7a2ada0a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.401, "x": 0.085, "y": 0.29 }, "kind": "paragraph", "text": "Continue to operate with credit metrics at the conservative end of our investment grade rating, ensuring access to a variety of attractively-priced capital", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dd60f3fd-3588-4c48-9266-9d1a1c5b378e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.05, "x": 0.204, "y": 0.438 }, "kind": "paragraph", "text": "Baa2\n(Stable)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f982339f-1945-45fd-914b-dd50a13964b9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.65, "x": 0.056, "y": 0.95 }, "kind": "source-note", "text": "1. Source: Company Filings, as of December 31 of each stated year, 2023 data for three months ended September 30, 2023 annualized\n2. Calculated as annual EBITDA / Interest Expense", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8e093409-2e47-46f9-8864-1040caf91df8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.022, "w": 0.39, "x": 0.056, "y": 0.15 }, "kind": "title", "text": "Ensuring stability while funding growth", "attrs": null, "subkind": "action-title", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "71b151de-0fb2-44c9-908c-e6f299da39e3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.36, "x": 0.056, "y": 0.101 }, "kind": "title", "text": "Financial Strength", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8f5d4f1f-c8ef-4b93-b1b7-e3fb9e0fb38e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Waterfall chart", "slug": "waterfall-chart", "agent": null, "layer": "slide", "matchId": "ea185155-29b4-4b82-873c-e29d40bb96b2", "evidence": "chart/bar-vertical: Debt to Gross Assets¹: 38.4%", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 26, "from": 21, "beatId": "0029343f-efbf-4c31-a0d3-1b157839e7f5", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Financials", "beatSlug": "sequoia-pitch-financials", "evidence": "The presentation includes financial highlights, including KPI overviews and long-term growth in portfolio cash flows.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }