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 156.1%. 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 $104.5M.
Key information
156.1%
Debt to equity ratio
US$2.42b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$104.54m |
| Equity | US$1.55b |
| Total liabilities | US$2.67b |
| Total assets | US$4.22b |
Recent financial health updates
No updates
Recent updates
COPT Defense Properties Is Just Getting Started
Oct 23COPT Defense Properties: Not Your Average Office REIT
Jun 22COPT Defense Properties: Slow And Steady Growth
Apr 10COPT Defense Properties: A Solid Buy For Its Government Rent Checks
Jan 30Corporate Office Properties: Further Room To Rise Following Strong Monthly Gains
Aug 01Corporate Office Properties: An Evolving Property Portfolio And Promising Future Outlook
May 31Corporate Office Properties Trust 2023 guidance in line with expectations
Feb 09Corporate Office Properties gets $250M proceeds from ventures with Blackstone
Jan 11Corporate Office Properties: A Value-Priced Defensive Stock
Jan 03Corporate Office Properties Trust declares $0.275 dividend
Nov 10Corporate Office Properties Trust FFO of $0.58 in-line, revenue of $182.5M beats by $9.79M
Oct 27Buy Corporate Office Properties Trust To Benefit From War And Inflation
Oct 17Corporate Office Properties Has Gotten Really Inexpensive
Sep 29Corporate Office Properties Trust Q2 FFO, revenue beats, raises guidance
Jul 28Corporate Office Properties: Play Defense With This Mission-Critical REIT
Jul 14Corporate Office Properties: Sleep Well At Night With Government-Related Checks
Jul 23Financial Position Analysis
Short Term Liabilities: CDP's short term assets ($478.3M) exceed its short term liabilities ($160.5M).
Long Term Liabilities: CDP's short term assets ($478.3M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: CDP's net debt to equity ratio (149.3%) is considered high.
Reducing Debt: CDP's debt to equity ratio has increased from 110% to 156.1% over the past 5 years.
Debt Coverage: CDP's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: CDP's interest payments on its debt are well covered by EBIT (3.1x coverage).