Veris Residential Inc (VRE) - Total Assets
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. See VRE book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Veris Residential Inc stock valuation.
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 |
|---|---|---|
|
UDR Inc
NYSE:UDR
|
USA | $10.61 Billion |
|
Ingenia Communities Group
AU:INA
|
Australia | AU$2.73 Billion |
|
Domo Activos Socimi SA
MC:DOMO
|
Spain | €19.83 Million |
|
Lanesborough Real Estate Investment Trust
V:LRT-UN
|
Canada | CA$43.51 Million |
|
US Masters Residential Property Fund
AU:URF
|
Australia | AU$611.75 Million |
|
Killam Apartment Real Estate Investment Trust
TO:KMP-UN
|
Canada | CA$5.51 Billion |
|
Xior Student Housing NV
BR:XIOR
|
Belgium | €3.73 Billion |
|
Home Invest Belgium - Sifi
BR:HOMI
|
Belgium | €959.17 Million |
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 | 0.59 |
| Asset Growth Rate (YoY) | -8.0% |
| Total Assets | $2.98 Billion |
| Market Capitalization | $1.77 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Veris Residential Inc's assets below their book value (0.59x), 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 | -- |
About 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