COPT Defense Properties Balance Sheet Health
Financial Health criteria checks 2/6
COPT Defense Properties has a total shareholder equity of $1.6B and total debt of $2.4B, which brings its debt-to-equity ratio to 153.8%. Its total assets and total liabilities are $4.2B and $2.7B respectively. COPT Defense Properties's EBIT is $208.9M making its interest coverage ratio 3.1. It has cash and short-term investments of $35.2M.
Key information
153.8%
Debt to equity ratio
US$2.39b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$35.23m |
| Equity | US$1.56b |
| Total liabilities | US$2.68b |
| Total assets | US$4.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WX7's short term assets ($405.7M) exceed its short term liabilities ($170.2M).
Long Term Liabilities: WX7's short term assets ($405.7M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: WX7's net debt to equity ratio (151.5%) is considered high.
Reducing Debt: WX7's debt to equity ratio has increased from 110% to 153.8% over the past 5 years.
Debt Coverage: WX7's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: WX7's interest payments on its debt are well covered by EBIT (3.1x coverage).