Veris Residential Inc
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guid… Read more
Veris Residential Inc (VRE) - Total Assets
Latest total assets as of September 2025: $2.79 Billion USD
Based on the latest financial reports, Veris Residential Inc (VRE) holds total assets worth $2.79 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.
Veris Residential Inc - Total Assets Trend (1994–2024)
This chart illustrates how Veris Residential Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Veris Residential Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Veris Residential Inc's total assets of $2.79 Billion consist of 1.2% current assets and 98.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $7.25 Million | 0.2% |
| Accounts Receivable | $3.63 Million | 0.1% |
| Inventory | $7.29 Million | 0.2% |
| Property, Plant & Equipment | $2.80 Billion | 93.9% |
| Intangible Assets | $9.52 Million | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Veris Residential Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Veris Residential Inc's current assets represent 1.2% of total assets in 2024, an increase from 0.5% in 1994.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, up from 0.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.9% of total assets.
Veris Residential Inc Competitors by Total Assets
Key competitors of Veris Residential Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Igis Residence Reit Co Ltd
KO:350520
|
Korea | ₩415.50 Billion |
|
Kwang Hee Self-Administered Real Estate
KO:140910
|
Korea | ₩81.58 Billion |
|
Xior Student Housing BVBA
F:5XR
|
Germany | €3.70 Billion |
|
Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:ADGYO
|
Turkey | TL6.44 Billion |
|
Apartment Investment and Management Co
NYSE:AIV
|
USA | $1.68 Billion |
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
France | €69.19 Million |
|
American Homes 4 Rent
NYSE:AMH
|
USA | $13.25 Billion |
|
BSR Real Estate Investment Trust
PINK:BSRTF
|
USA | $1.42 Billion |
Veris Residential Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Veris Residential Inc generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Veris Residential Inc is currently not profitable relative to its asset base.
Veris Residential Inc - 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 | 0.28 | 0.16 | 3.17 |
| Quick Ratio | 0.28 | 0.16 | 0.69 |
| Cash Ratio | 0.08 | 0.03 | 0.00 |
| Working Capital | $-78.06 Million | $ -341.05 Million | $ 575.38 Million |
Veris Residential Inc - Advanced Valuation Insights
This section examines the relationship between Veris Residential Inc'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 | 1.34 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | -8.0% |
| Total Assets | $2.98 Billion |
| Market Capitalization | $1.53 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Veris Residential Inc's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Veris Residential Inc's assets decreased by 8.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Veris Residential Inc (1994–2024)
The table below shows the annual total assets of Veris Residential Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.98 Billion | -7.97% |
| 2023-12-31 | $3.24 Billion | -17.34% |
| 2022-12-31 | $3.92 Billion | -13.40% |
| 2021-12-31 | $4.53 Billion | -12.05% |
| 2020-12-31 | $5.15 Billion | -2.74% |
| 2019-12-31 | $5.29 Billion | +4.59% |
| 2018-12-31 | $5.06 Billion | +2.07% |
| 2017-12-31 | $4.96 Billion | +15.39% |
| 2016-12-31 | $4.30 Billion | +5.74% |
| 2015-12-31 | $4.06 Billion | -3.07% |
| 2014-12-31 | $4.19 Billion | -7.16% |
| 2013-12-31 | $4.52 Billion | -0.24% |
| 2012-12-31 | $4.53 Billion | +5.36% |
| 2011-12-31 | $4.30 Billion | -1.53% |
| 2010-12-31 | $4.36 Billion | -7.61% |
| 2009-12-31 | $4.72 Billion | +6.25% |
| 2008-12-31 | $4.44 Billion | -3.25% |
| 2007-12-31 | $4.59 Billion | +3.85% |
| 2006-12-31 | $4.42 Billion | +4.13% |
| 2005-12-31 | $4.25 Billion | +10.32% |
| 2004-12-31 | $3.85 Billion | +2.68% |
| 2003-12-31 | $3.75 Billion | -1.23% |
| 2002-12-31 | $3.80 Billion | +1.33% |
| 2001-12-31 | $3.75 Billion | +1.90% |
| 2000-12-31 | $3.68 Billion | +1.31% |
| 1999-12-31 | $3.63 Billion | +5.14% |
| 1998-12-31 | $3.45 Billion | +33.11% |
| 1997-12-31 | $2.59 Billion | +152.69% |
| 1996-12-31 | $1.03 Billion | +182.04% |
| 1995-12-31 | $363.90 Million | +61.52% |
| 1994-12-31 | $225.30 Million | -- |