Veris Residential (VRE) Asset Writedowns and Impairment (2012 - 2020)
Veris Residential's (VRE) quarterly Asset Writedowns and Impairment came in at -$18000.0 in Q4 2020, up 99.77% year-on-year from -$9010.1 in Q1 2020, and up 99.41% quarter-over-quarter from -$3.1 million in Q3 2020.
Veris Residential (VRE) Asset Writedowns and Impairment (2012 - 2020) Analysis & Trends
Veris Residential has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting -$18000.0 for Q4 2020.
- Asset Writedowns and Impairment for Q4 2020 came in at -$18000.0, up 99.77% year-over-year; the trailing twelve-month figure through Dec 2020 was -$5.2 million (down 123.23% YoY), and the FY2020 annual result 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.
- The 3-year median for Asset Writedowns and Impairment is $43500.0 (2018), against an average of $3.2 million.
- Peak annual rise in Asset Writedowns and Impairment reached 99.77% in 2020, while the deepest fall reached 152.17% in 2020.
- Veris Residential's Asset Writedowns and Impairment stood at $24.5 million in 2018, then tumbled by 132.69% to -$8.0 million in 2019, then surged by 99.77% to -$18000.0 in 2020.
- The last three Asset Writedowns and Impairment figures came in at -$18000.0 (Q4 2020), -$3.1 million (Q3 2020), and -$8.0 million (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - |
| 10 | Veris Residential | 1.94 Bn | 1.94 Bn | 67.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |