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
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 |
| Dec 31, 2012 | 2.63 Mn |
| Dec 31, 2012 | 2.63 Mn |