Sunrise Real Estate (SRRE) Goodwill (2020 - 2023)

Sunrise Real Estate (SRRE) reported Goodwill of $1.0 million for Q3 2023, down 6.49% on a YoY basis from $1.1 million in Q3 2022, and up 4.08% sequentially from $1.0 million in Q2 2023.

Sunrise Real Estate (SRRE) Goodwill (2020 - 2023) Analysis & Trends

Sunrise Real Estate (SRRE) has 4 years of Goodwill data on file, last reported at $1.0 million in Q3 2023.

  • For the quarter ending Q3 2023, Goodwill fell 6.49% year-over-year to $1.0 million; the trailing twelve-month figure through Sep 2023 stood at $1.0 million (down 6.49% YoY), and the FY2022 full-year result was $1.2 million, down 33.01% from the prior year.
  • Goodwill advanced to $1.0 million in Q3 2023, from $1.0 million in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $1.9 million in Q1 2022 to a low of $1.0 million in Q2 2023.
  • A 4-year average of $1.5 million and a median of $1.4 million in 2020 frame the typical range for Goodwill.
  • Across the five-year window, Goodwill surged 54.96% in 2021 and tumbled 35.55% in 2022, its largest moves.
  • Tracing SRRE's Goodwill over 4 years: stood at $1.7 million in 2020, then advanced by 9.8% to $1.9 million in 2021, then slumped by 33.01% to $1.2 million in 2022, then dropped by 15.99% to $1.0 million in 2023.
  • Business Quant data shows SRRE's Goodwill at $1.0 million in Q3 2023, $1.0 million in Q2 2023, and $1.3 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.71 Bn 29.71 Bn -
2 Howard Hughes Holdings 3.89 Bn 3.89 Bn 182.88 Mn
3 Century Communities 2.08 Bn 1.98 Bn 190.18 Mn
4 Forestar 1.51 Bn 1.12 Bn 84.10 Mn
5 Five Point Holdings 413.20 Mn 63.83 Mn -23.72 Mn
6 Belpointe PREP 178.93 Mn 178.93 Mn -
7 Smith Douglas Homes 139.55 Mn 111.56 Mn 40.45 Mn
8 Amrep 122.61 Mn 69.92 Mn 4.41 Mn
9 Logistic Properties of the Americas 94.85 Mn 94.85 Mn -
10 Sunrise Real Estate 5.50 Mn -35.92 Mn -192,113.00

Historic Data

Download Data
DateValue
Sep 30, 2023 1.04 Mn
Jun 30, 2023 1.00 Mn
Mar 31, 2023 1.33 Mn
Dec 31, 2022 1.24 Mn
Sep 30, 2022 1.12 Mn
Jun 30, 2022 1.49 Mn
Mar 31, 2022 1.89 Mn
Dec 31, 2021 1.86 Mn
Sep 30, 2021 1.73 Mn
Jun 30, 2021 1.76 Mn
Mar 31, 2021 1.64 Mn
Dec 31, 2020 1.69 Mn
Sep 30, 2020 1.39 Mn
Jun 30, 2020 1.14 Mn