Veris Residential (VRE) Current Assets (2010 - 2022)

Veris Residential (VRE) reported Current Assets of $292.0 million for Q1 2022, down 54.17% on a YoY basis from $637.1 million in Q1 2021, and down 14.86% sequentially from $342.9 million in Q4 2021.

Veris Residential (VRE) Current Assets (2010 - 2022) Analysis & Trends

Veris Residential (VRE) has 13 years of Current Assets data on file, last reported at $292.0 million in Q1 2022.

  • For the quarter ending Q1 2022, Current Assets fell 54.17% year-over-year to $292.0 million; the trailing twelve-month figure through Mar 2022 stood at $1.4 billion (down 31.5% YoY), and the FY2021 full-year result was $342.9 million, down 18.48% from the prior year.
  • Current Assets fell to $292.0 million in Q1 2022, from $342.9 million in the prior quarter.
  • In the past five years, Current Assets ranged from a high of $844.5 million in Q1 2019 to a low of $292.0 million in Q1 2022.
  • A 5-year average of $519.1 million and a median of $529.6 million in 2019 frame the typical range for Current Assets.
  • Across the five-year window, Current Assets surged 36.07% in 2019 and sank 54.17% in 2022, its largest moves.
  • Tracing VRE's Current Assets over 5 years: stood at $640.0 million in 2018, then decreased by 17.24% to $529.6 million in 2019, then slipped by 20.57% to $420.7 million in 2020, then decreased by 18.48% to $342.9 million in 2021, then dropped by 14.86% to $292.0 million in 2022.
  • Business Quant data shows VRE's Current Assets at $292.0 million in Q1 2022, $342.9 million in Q4 2021, and $355.7 million in Q3 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Assets (Qtr)
1 Avalonbay Communities 26.63 Bn 26.85 Bn - -
2 Equity Residential 25.81 Bn 26.00 Bn - -
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn -
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn -
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn -
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn -
8 American Homes 4 Rent 12.07 Bn 12.74 Bn - -
9 Camden Property Trust 11.83 Bn 11.90 Bn - -
10 Veris Residential 1.78 Bn 1.77 Bn 67.22 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2022 291.98 Mn
Dec 31, 2021 342.94 Mn
Sep 30, 2021 355.70 Mn
Jun 30, 2021 383.04 Mn
Mar 31, 2021 637.12 Mn
Dec 31, 2020 420.66 Mn
Sep 30, 2020 460.19 Mn
Jun 30, 2020 487.25 Mn
Mar 31, 2020 497.61 Mn
Dec 31, 2019 529.61 Mn
Sep 30, 2019 534.38 Mn
Jun 30, 2019 559.68 Mn
Mar 31, 2019 844.46 Mn
Dec 31, 2018 639.97 Mn
Sep 30, 2018 606.77 Mn
Jun 30, 2018 612.95 Mn
Mar 31, 2018 620.59 Mn
Dec 31, 2017 666.76 Mn
Sep 30, 2017 812.20 Mn
Jun 30, 2017 714.74 Mn