COPT Defense Properties

NYSE:CDP Stock Report

Market Cap: US$3.4b

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 153.3%. Its total assets and total liabilities are $4.3B and $2.7B respectively. COPT Defense Properties's EBIT is $213.7M making its interest coverage ratio 3.1. It has cash and short-term investments of $38.3M.

Key information

153.3%

Debt to equity ratio

US$2.39b

Debt

Interest coverage ratio3.1x
CashUS$38.28m
EquityUS$1.56b
Total liabilitiesUS$2.69b
Total assetsUS$4.25b

Recent financial health updates

No updates

Recent updates

COPT Defense Properties Is Just Getting Started

Oct 23

COPT Defense Properties: Not Your Average Office REIT

Jun 22

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

Financial Position Analysis

Short Term Liabilities: CDP's short term assets ($457.3M) exceed its short term liabilities ($159.9M).

Long Term Liabilities: CDP's short term assets ($457.3M) do not cover its long term liabilities ($2.5B).

Debt to Equity History and Analysis

Debt Level: CDP's net debt to equity ratio (150.8%) is considered high.

Reducing Debt: CDP's debt to equity ratio has increased from 106.2% to 153.3% 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).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 23:23
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

COPT Defense Properties is covered by 26 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Richard AndersonBMO Capital Markets U.S. (Historical)
Jing Xian Tan BonnelBofA Global Research