KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Asset Writedowns and Impairment (2018 - 2020)

Veris Residential has reported Asset Writedowns and Impairment over the past 6 years, most recently at -$18000.0 for Q4 2020.

  • Quarterly Asset Writedowns and Impairment rose 99.77% to -$18000.0 in Q4 2020 from the year-ago period, while the trailing twelve-month figure was -$5.2 million through Dec 2020, down 123.23% year-over-year, with the annual reading at $36.6 million for FY2020, 888.7% up from the prior year.
  • Asset Writedowns and Impairment was -$18000.0 for Q4 2020 at Veris Residential, up from -$3.1 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $24.5 million in Q4 2018 and troughed at -$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 hit 99.77% in 2020, while the deepest fall reached 152.17% in 2020.
  • Tracing VRE's Asset Writedowns and Impairment over 3 years: 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.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at -$18000.0, -$3.1 million, and -$8.0 million for Q4 2020, Q3 2020, and Q4 2019 respectively.