Veris Residential, Inc. (VRE)

Veris Residential Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	2,812	2,954	3,417	3,516	4,005	3,721
Cash & Equivalents	12.78	28.01	26.78	31.75	38.1	25.59
Accounts Receivable	3.95	7.54	42.45	74.45	93.99	102.28
Other Receivables	0.3	0.7	0.2	0.2	0.3	28.7
Goodwill	-	-	-	-	2.95	2.95
Other Intangible Assets	9.62	10.03	12.3	42.18	71.61	86.09
Loans Receivable Current	-	0.03	1.31	4.02	1.17	1.63
Restricted Cash	19.69	26.57	20.87	19.7	14.21	15.58
Other Current Assets	27.17	92.31	237.73	647.5	692.93	1,012
Deferred Long-Term Charges	6.92	4.03	35.86	53.99	65.55	88.46
Other Long-Term Assets	113.6	117.95	126.16	137.77	162.38	209.09
Total Assets	3,006	3,241	3,921	4,527	5,148	5,293
Current Portion of Long-Term Debt	-	308	180.25	-	-	-
Current Portion of Leases	0.32	1.27	0.19	1.7	1.75	1.75
Long-Term Debt	1,324	1,546	1,724	2,389	2,802	2,809
Long-Term Leases	6.43	6.08	3.04	21.99	21.85	22.01
Accounts Payable	38.76	48.14	68.81	111.29	171.12	185.75
Accrued Expenses	4.82	6.58	7.13	5.76	10	10.19
Other Current Liabilities	7.47	5.54	0.11	0.38	1.49	22.27
Long-Term Unearned Revenue	10.99	14.99	22.94	26.4	34.1	39.46
Total Liabilities	1,747	1,936	2,006	2,557	3,042	3,090
Common Stock	0.93	0.92	0.91	0.91	0.91	0.91
Additional Paid-In Capital	2,562	2,553	2,532	2,530	2,528	2,535
Distributions in Excess of Earnings	-1,446	-1,418	-1,301	-1,249	-1,130	-1,043
Comprehensive Income & Other	-2.36	1.81	3.98	0.01	-	-0.02
Total Common Equity	1,114	1,137	1,236	1,282	1,399	1,494
Minority Interest	145.2	167.07	678.88	688.75	706.86	709.16
Shareholders' Equity	1,259	1,305	1,915	1,971	2,106	2,203
Total Liabilities & Equity	3,006	3,241	3,921	4,527	5,148	5,293
Total Debt	1,685	1,861	1,907	2,413	2,825	2,832
Net Cash / Debt	-1,672	-1,833	-1,880	-2,381	-2,787	-2,807
Net Cash Per Share	-18.07	-18.18	-18.75	-23.84	-27.80	-30.99
Filing Date Shares Outstanding	92.85	92.18	91.11	90.91	90.68	90.55
Total Common Shares Outstanding	92.85	92.18	91.09	90.91	90.66	90.55
Book Value Per Share	12.00	12.34	13.57	14.10	15.43	16.50
Tangible Book Value	1,104	1,127	1,223	1,240	1,324	1,405
Tangible Book Value Per Share	11.89	12.23	13.43	13.64	14.61	15.51
Land	462.53	474.5	492.2	494.94	639.64	653.23
Buildings	2,636	2,782	3,332	3,375	3,744	3,361

Source: S&P Capital IQ. Real Estate template. Financial Sources.