Vornado Realty Trust (VNO) - Total Assets
Based on the latest financial reports, Vornado Realty Trust (VNO) holds total assets worth $15.75 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Vornado Realty Trust debt service capacity to assess how comfortably operating cash covers total debt obligations.
Vornado Realty Trust - Total Assets Trend (1990–2024)
This chart illustrates how Vornado Realty Trust's total assets have evolved over time, based on quarterly financial data. See VNO total equity for net asset value and shareholders' equity analysis.
Vornado Realty Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
Vornado Realty Trust's total assets of $15.75 Billion consist of 10.7% current assets and 89.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $733.95 Million | 4.6% |
| Accounts Receivable | $765.87 Million | 4.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $10.75 Billion | 67.2% |
| Intangible Assets | $118.22 Million | 0.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1990–2024)
This chart illustrates how Vornado Realty Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see VNO stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vornado Realty Trust's current assets represent 10.7% of total assets in 2024, an increase from 1.4% in 1990.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, up from 1.4% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1990.
- Asset Diversification: The largest asset category is property, plant & equipment at 67.2% of total assets.
Vornado Realty Trust Competitors by Total Assets
Key competitors of Vornado Realty Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha REIT Co. Ltd.
KO:451800
|
Korea | ₩1.54 Trillion |
|
BTB Real Estate Investment Trust
TO:BTB-UN
|
Canada | CA$1.24 Billion |
|
Net Lease Office Properties
NYSE:NLOP
|
USA | $257.98 Million |
|
Empire State Realty OP LP ES
NYSE:ESBA
|
USA | $4.41 Billion |
|
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust
BK:WHABT
|
Thailand | ฿2.86 Billion |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$70.61 Million |
|
Acanthe Développement
PA:ACAN
|
France | €133.12 Million |
|
Dexus
AU:DXS
|
Australia | AU$15.31 Billion |
Vornado Realty Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.93 | 1.86 | 2.60 |
| Quick Ratio | 1.93 | 0.00 | 2.60 |
| Cash Ratio | 0.92 | 0.81 | 0.00 |
| Working Capital | $1.03 Billion | $833.42 Million | $1.61 Billion |
Vornado Realty Trust - Advanced Valuation Insights
This section examines the relationship between Vornado Realty Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.36 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | $16.00 Billion |
| Market Capitalization | $7.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vornado Realty Trust's assets below their book value (0.45x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Vornado Realty Trust's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Vornado Realty Trust (1990–2024)
The table below shows the annual total assets of Vornado Realty Trust from 1990 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $16.00 Billion | -1.17% |
| 2023-12-31 | $16.19 Billion | -1.85% |
| 2022-12-31 | $16.49 Billion | -4.48% |
| 2021-12-31 | $17.27 Billion | +6.44% |
| 2020-12-31 | $16.22 Billion | -11.29% |
| 2019-12-31 | $18.29 Billion | +6.44% |
| 2018-12-31 | $17.18 Billion | -1.25% |
| 2017-12-31 | $17.40 Billion | -16.42% |
| 2016-12-31 | $20.81 Billion | -1.55% |
| 2015-12-31 | $21.14 Billion | -0.49% |
| 2014-12-31 | $21.25 Billion | +5.73% |
| 2013-12-31 | $20.10 Billion | -8.51% |
| 2012-12-31 | $21.97 Billion | +7.43% |
| 2011-12-31 | $20.45 Billion | -0.35% |
| 2010-12-31 | $20.52 Billion | +1.64% |
| 2009-12-31 | $20.19 Billion | -5.76% |
| 2008-12-31 | $21.42 Billion | -4.72% |
| 2007-12-31 | $22.48 Billion | +25.20% |
| 2006-12-31 | $17.95 Billion | +31.66% |
| 2005-12-31 | $13.64 Billion | +17.76% |
| 2004-12-31 | $11.58 Billion | +21.66% |
| 2003-12-31 | $9.52 Billion | +5.55% |
| 2002-12-31 | $9.02 Billion | +33.06% |
| 2001-12-31 | $6.78 Billion | +6.39% |
| 2000-12-31 | $6.37 Billion | +16.26% |
| 1999-12-31 | $5.48 Billion | +23.80% |
| 1998-12-31 | $4.43 Billion | +75.34% |
| 1997-12-31 | $2.52 Billion | +346.59% |
| 1996-12-31 | $565.20 Million | +14.99% |
| 1995-12-31 | $491.50 Million | +24.90% |
| 1994-12-31 | $393.50 Million | +2.00% |
| 1993-12-31 | $385.80 Million | -8.27% |
| 1992-12-31 | $420.60 Million | +6.91% |
| 1991-12-31 | $393.40 Million | +1.42% |
| 1990-12-31 | $387.90 Million | -- |
About Vornado Realty Trust
Vornado Realty Trust ("Vornado") is a fully-integrated real estate investment trust ("REIT") and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the "Operating Partnership"), a Delaware limited partnership. Vornado is the sole general partner of and owned approximately 91.5% of the common limited partnership interest in the Ope… Read more