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| Date | Value |
|---|---|
| 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 |