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
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