Veris Residential, Inc. (VRE)

Veris Residential Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	2,766	2,793	2,954	3,417	3,516	4,005
Cash & Equivalents	7.6	7.25	28.01	26.78	31.75	38.1
Accounts Receivable	3.28	3.13	7.54	42.45	74.45	93.99
Other Receivables	0.3	0.5	0.7	0.2	0.2	0.3
Goodwill	-	-	-	-	-	2.95
Other Intangible Assets	9.43	9.52	10.03	12.3	42.18	71.61
Loans Receivable Current	-	-	-	1.31	4.01	1.17
Restricted Cash	14.51	17.06	26.57	20.87	19.7	14.21
Other Current Assets	32.55	34.6	92.34	237.73	647.5	692.93
Deferred Long-Term Charges	5.95	6.5	4.03	35.86	53.99	65.55
Other Long-Term Assets	111.61	111.3	117.95	126.16	137.77	162.38
Total Assets	2,952	2,983	3,241	3,921	4,527	5,148
Current Portion of Long-Term Debt	-	-	308	180.25	-	-
Current Portion of Leases	2.24	1.28	1.27	0.19	1.7	1.75
Long-Term Debt	1,322	1,672	1,546	1,724	2,389	2,802
Long-Term Leases	4.09	5.27	6.08	3.04	21.99	21.85
Accounts Payable	34.32	36.2	48.14	68.81	111.29	171.12
Accrued Expenses	5.23	5.26	6.58	7.13	5.76	10
Other Current Liabilities	8.49	8.53	5.54	0.11	0.38	1.49
Long-Term Unearned Revenue	11.53	11.51	14.99	22.94	26.4	34.1
Total Liabilities	1,733	1,740	1,936	2,006	2,557	3,042
Common Stock	0.93	0.93	0.92	0.91	0.91	0.91
Additional Paid-In Capital	2,565	2,564	2,553	2,532	2,530	2,528
Distributions in Excess of Earnings	-1,484	-1,466	-1,418	-1,301	-1,249	-1,130
Comprehensive Income & Other	-0.86	0.15	1.81	3.98	0.01	-
Total Common Equity	1,080	1,099	1,137	1,236	1,282	1,399
Minority Interest	137.99	142.97	167.07	678.88	688.75	706.86
Shareholders' Equity	1,218	1,242	1,305	1,915	1,971	2,106
Total Liabilities & Equity	2,952	2,983	3,241	3,921	4,527	5,148
Total Debt	1,674	1,679	1,861	1,907	2,413	2,825
Net Cash (Debt)	-1,666	-1,672	-1,833	-1,880	-2,381	-2,787
Net Cash Per Share	-17.93	-16.49	-19.95	-20.65	-26.21	-27.80
Filing Date Shares Outstanding	93.25	92.88	92.18	91.11	90.91	90.68
Total Common Shares Outstanding	93.24	92.84	92.18	91.09	90.91	90.66
Book Value Per Share	11.59	11.84	12.34	13.57	14.10	15.43
Tangible Book Value	1,071	1,090	1,127	1,223	1,240	1,324
Tangible Book Value Per Share	11.49	11.74	12.23	13.43	13.64	14.61
Land	456.79	458.95	474.5	492.2	494.94	639.64
Buildings	2,627	2,634	2,782	3,332	3,375	3,744

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q