KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Asset Writedowns and Impairment (2012 - 2020)

Veris Residential recorded quarterly Asset Writedowns and Impairment of -$18000.0 in Q4 2020, up 99.41% quarter-over-quarter from -$3.1 million in Q3 2020, and up 99.77% year-over-year from -$9010.1 in Q1 2020.

Veris Residential's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$18000.0 for Q4 2020.

  • In Q4 2020, Asset Writedowns and Impairment rose 99.77% year-over-year to -$18000.0; the TTM figure through Dec 2020 stood at -$5.2 million (down 123.23% YoY), while the FY2020 annual figure was $36.6 million, up 888.7% from the prior year.
  • Asset Writedowns and Impairment came in at -$18000.0 for Q4 2020 at Veris Residential, up from -$3.1 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $24.5 million in Q4 2018 to a low of -$8.0 million in Q4 2019.
  • A 3-year average of $3.2 million and a median of $43500.0 in 2018 frame the typical range for Asset Writedowns and Impairment.
  • On a YoY basis, Asset Writedowns and Impairment climbed as much as 99.77% in 2020 and fell as far as 152.17% in 2020.
  • Veris Residential's Asset Writedowns and Impairment stood at $24.5 million in 2018, then slumped by 132.69% to -$8.0 million in 2019, then soared by 99.77% to -$18000.0 in 2020.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$18000.0, -$3.1 million, and -$8.0 million for Q4 2020, Q3 2020, and Q4 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn -
2 Equity Residential 25.13 Bn 25.27 Bn -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn -
10 Veris Residential 1.94 Bn 1.94 Bn 67.22 Mn

Historic Data

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DateValue
Dec 31, 2020 -18,000.00
Dec 31, 2020 -18,000.00
Sep 30, 2020 -3.08 Mn
Sep 30, 2020 -3.08 Mn
Dec 31, 2019 -8.00 Mn
Dec 31, 2019 -8.00 Mn
Sep 30, 2019 5.89 Mn
Sep 30, 2019 5.89 Mn
Dec 31, 2018 24.46 Mn
Dec 31, 2018 24.46 Mn
Mar 31, 2018 105,000.00
Mar 31, 2018 105,000.00
Dec 31, 2015 33.74 Mn
Dec 31, 2015 33.74 Mn
Sep 30, 2015 164.18 Mn
Sep 30, 2015 164.18 Mn
Dec 31, 2013 62.15 Mn
Dec 31, 2013 62.15 Mn
Sep 30, 2013 12.20 Mn
Sep 30, 2013 12.20 Mn
Dec 31, 2012 2.63 Mn
Dec 31, 2012 2.63 Mn