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| Date | Value |
|---|---|
| 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 |