COPT Defense Properties Balance Sheet Health

Financial Health criteria checks 2/6

COPT Defense Properties has a total shareholder equity of $1.5B and total debt of $2.4B, which brings its debt-to-equity ratio to 156%. Its total assets and total liabilities are $4.2B and $2.7B respectively. COPT Defense Properties's EBIT is $193.4M making its interest coverage ratio 3.1. It has cash and short-term investments of $123.1M.

Key information

156.0%

Debt to equity ratio

US$2.42b

Debt

Interest coverage ratio3.1x
CashUS$123.14m
EquityUS$1.55b
Total liabilitiesUS$2.68b
Total assetsUS$4.23b

Recent financial health updates

No updates

Recent updates

COPT Defense Properties: Slow And Steady Growth

Apr 10

COPT Defense Properties: A Solid Buy For Its Government Rent Checks

Jan 30

Corporate Office Properties: Further Room To Rise Following Strong Monthly Gains

Aug 01

Corporate Office Properties: An Evolving Property Portfolio And Promising Future Outlook

May 31

Corporate Office Properties Trust 2023 guidance in line with expectations

Feb 09

Corporate Office Properties gets $250M proceeds from ventures with Blackstone

Jan 11

Corporate Office Properties: A Value-Priced Defensive Stock

Jan 03

Corporate Office Properties Trust declares $0.275 dividend

Nov 10

Corporate Office Properties Trust FFO of $0.58 in-line, revenue of $182.5M beats by $9.79M

Oct 27

Buy Corporate Office Properties Trust To Benefit From War And Inflation

Oct 17

Corporate Office Properties Has Gotten Really Inexpensive

Sep 29

Corporate Office Properties Trust Q2 FFO, revenue beats, raises guidance

Jul 28

Corporate Office Properties: Play Defense With This Mission-Critical REIT

Jul 14

Corporate Office Properties: Sleep Well At Night With Government-Related Checks

Jul 23

Corporate Office Properties Trust (OFC) Presents At NAREITweek 2021 Investor Virtual Conference - Slideshow

Jun 18

Defend Your Portfolio With 4%-Yielding Corporate Office Properties

May 08

Here's Why Corporate Office Properties Trust's (NYSE:OFC) CEO Compensation Is The Least Of Shareholders' Concerns

May 07
Here's Why Corporate Office Properties Trust's (NYSE:OFC) CEO Compensation Is The Least Of Shareholders' Concerns

Corporate Office Properties Trust 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Financial Position Analysis

Short Term Liabilities: CDP's short term assets ($563.2M) exceed its short term liabilities ($145.9M).

Long Term Liabilities: CDP's short term assets ($563.2M) do not cover its long term liabilities ($2.5B).


Debt to Equity History and Analysis

Debt Level: CDP's net debt to equity ratio (148.1%) is considered high.

Reducing Debt: CDP's debt to equity ratio has increased from 112.1% to 156% over the past 5 years.

Debt Coverage: CDP's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: CDP's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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