Urban Edge Properties (UE) Asset Writedowns and Impairment (2015 - 2024)

Urban Edge Properties (UE) posted Asset Writedowns and Impairment of $34.1 million for Q1 2024, up 75877.78% sequentially from -$45000.0 in Q2 2023, and little changed YoY from $34.1 million in Q2 2023.

Urban Edge Properties (UE) Asset Writedowns and Impairment (2015 - 2024) Analysis & Trends

Urban Edge Properties has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $34.1 million in Q1 2024.

  • Quarterly Asset Writedowns and Impairment changed 0.0% year-over-year to $34.1 million in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $34.1 million (changed 0.13% YoY) and the FY2023 annual result came in at $34.1 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment improved to $34.1 million in Q1 2024 per UE's latest filing, from -$45000.0 in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $34.1 million in Q1 2023 and troughed at -$45000.0 in Q2 2023.
  • A 3-year average of $17.8 million and a median of $18.6 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2020 and 2024: Asset Writedowns and Impairment decreased 16.71% in 2020, then changed 0.0% in 2024.
  • Over 3 years, Asset Writedowns and Impairment stood at $3.1 million in 2020, then slumped by 101.47% to -$45000.0 in 2023, then soared by 75877.78% to $34.1 million in 2024.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $34.1 million, -$45000.0, and $34.1 million for Q1 2024, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Simon Property 71.66 Bn 71.66 Bn 1.76 Bn
2 Realty Income 57.60 Bn 57.60 Bn -
3 Kimco Realty 16.10 Bn 16.10 Bn 455.67 Mn
4 Federal Realty Investment Trust 10.06 Bn 10.06 Bn 271.22 Mn
5 Agree Realty 8.80 Bn 8.78 Bn -
6 Nnn Reit 8.64 Bn 8.64 Bn -
7 Macerich 6.73 Bn 6.73 Bn 171.77 Mn
8 Essential Properties Realty Trust 6.51 Bn 6.51 Bn -
9 Kite Realty Group Trust 5.29 Bn 5.29 Bn -
10 Urban Edge Properties 2.73 Bn 2.67 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2024 34.10 Mn
Mar 31, 2024 34.10 Mn
Jun 30, 2023 -45,000.00
Jun 30, 2023 -45,000.00
Mar 31, 2023 34.10 Mn
Mar 31, 2023 34.10 Mn
Dec 31, 2020 3.06 Mn
Dec 31, 2020 3.06 Mn
Dec 31, 2019 3.67 Mn
Dec 31, 2019 3.67 Mn
Sep 30, 2019 18.70 Mn
Sep 30, 2019 18.70 Mn
Jun 30, 2019 4.00 Mn
Jun 30, 2019 4.00 Mn
Mar 31, 2019 4.00 Mn
Mar 31, 2019 4.00 Mn
Dec 31, 2018 5.57 Mn
Dec 31, 2018 5.57 Mn
Sep 30, 2018 79,000.00
Sep 30, 2018 79,000.00