Veris Residential
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Veris Residential's balance sheet done over the years? Its assets were worth $3,241,046,000 last year, which is less than in the previous period. 60% of Veris Residential’s total assets is currently financed by debt. Its liabilities reached the amount of $1,936,494,000, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2014 | 4192247000 | 2.31B | 55.11% |
|---|---|---|---|
| 2015 | 4063490000 | 2.37B | 58.56% |
| 2016 | 4296766000 | 2.57B | 59.81% |
| 2017 | 4957885000 | 3.07B | 62.06% |
| 2018 | 5060644000 | 3.03B | 59.93% |
| 2019 | 5292798000 | 3.08B | 58.38% |
| 2020 | 5147786000 | 3.04B | 59.1% |
| 2021 | 4527318000 | 2.55B | 56.47% |
| 2022 | 3920768000 | 2.00B | 51.17% |
| 2023 | 3241046000 | 1.93B | 59.75% |
VRE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 28.00M | 26.78M | 31.75M | 38.09M | 25.58M | 29.63M | 28.18M | 31.61M | 37.07M | 29.54M |
Short term investments | 3.00B | 126.15M | 4.11B | 4.63B | 4.66B | 4.31B | 4.18B | 320.04M | 3.34B | 3.54B |
Net receivables | 8.27M | 42.65M | 74.64M | 95.45M | 102.87M | 106.10M | 157.79M | 110.66M | 130.19M | 153.95M |
Inventory | 0 | 193.93M | 618.64M | 656.96M | 966.49M | 108.84M | 171.57M | 39.74M | -178.03M | -137.57M |
Other current assets | 119.60M | 20.86M | 19.70M | 50.17M | 15.57M | 235.93M | 0 | 267.95M | 99.04M | 67.07M |
Total current assets | 155.15M | 284.23M | 744.74M | 840.68M | 1.11B | 264.51M | 347.17M | 235.97M | 203.42M | 250.57M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.95B | 2.89M | 22.29M | 22.29M | 22.60M | 0 | 4.01B | 0 | 3.34B | 3.54B |
Goodwill | 0 | 0 | 151.34M | 2.94M | 2.94M | 2.94M | 2.94M | 2.94M | 2.94M | 2.94M |
Intangible assets | 10.03M | 12.29M | 42.18M | 71.60M | 86.09M | 89.86M | 102.75M | 72.04M | 10.93M | 6.56M |
Long term investments | 117.95M | 126.15M | 137.77M | 162.38M | 209.09M | 232.75M | 252.62M | 320.04M | 303.45M | 247.46M |
Other non-current assets | 4.03M | -425.58M | -947.00M | -1.09B | -1.43B | 4.47B | -4.72B | 3.66B | 3.54B | 3.68B |
Total non-current assets | 3.08B | 3.63B | 3.78B | 4.30B | 4.18B | 4.79B | 4.61B | 4.06B | 3.86B | 3.94B |
Total assets | 3.24B | 3.92B | 4.52B | 5.14B | 5.29B | 5.06B | 4.95B | 4.29B | 4.06B | 4.19B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 14.98M | 22.94M | 26.39M | 34.10M | 39.46M | 41.24M | 43.99M | 46.44M | 49.73M | 52.14M |
Short term debt | 1.27M | 145.04M | 148M | 25M | 329M | 790.93M | 822.28M | 634.06M | 0 | 92.03M |
Total current liabilities | 82.59M | 102.22M | 315.51M | 265.31M | 610.42M | 1.03B | 1.08B | 864.13M | 379.86M | 221.58M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.85B | 1.90B | 2.24B | 2.77B | 2.47B | 2.00B | 1.98B | 1.70B | 2.14B | 1.99B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -6.07M | -2.00B | -2.58B | -57.70M | -63.21M | -41.24M | 0 | -46.44M | 53.05M | 65.6M |
Total non-current liabilities | 1.85B | 1.90B | 2.24B | 2.77B | 2.47B | 2.00B | 1.98B | 1.70B | 1.99B | 2.08B |
Total liabilities | 1.93B | 2.00B | 2.55B | 3.04B | 3.08B | 3.03B | 3.07B | 2.57B | 2.37B | 2.31B |
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