COPT Defense Properties (CDP)

COPT Defense Properties Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	3,689	3,548	3,596	3,583	3,454
Total Real Estate Assets	3,689	3,548	3,596	3,583	3,454
Cash & Equivalents	38.28	167.82	12.34	13.26	18.37
Accounts Receivable	289.22	279.7	240.57	229.74	186.05
Investment In Debt and Equity Securities	-	-	-	5.58	5.54
Other Intangible Assets	10.7	6.85	9.96	14.57	19.25
Loans Receivable Current	69.68	81.51	84.62	82.23	68.75
Restricted Cash	-	-	-	4.05	3.66
Other Current Assets	-	-	161.29	216.67	221.51
Trading Asset Securities	1.32	2.56	2.63	0.36	-
Deferred Long-Term Tax Assets	-	-	-	1.84	1.99
Deferred Long-Term Charges	71.27	70.06	69.34	67.16	60.62
Other Long-Term Assets	84.95	90.93	80.91	43.86	37.57
Total Assets	4,254	4,247	4,257	4,262	4,077
Current Portion of Leases	7.97	-	-	-	-
Long-Term Debt	2,392	2,416	2,232	2,272	2,096
Long-Term Leases	41.66	34.35	28.76	29.34	30.77
Accounts Payable	126.03	133.32	158	186.2	142.72
Other Current Liabilities	33.91	32.64	31.4	31.3	31.23
Long-Term Unearned Revenue	80.33	68.63	43.89	44.1	48.87
Other Long-Term Liabilities	11.97	14.41	15.69	15.23	7.85
Total Liabilities	2,694	2,700	2,510	2,578	2,358
Common Stock	1.13	1.13	1.12	1.12	1.12
Additional Paid-In Capital	2,494	2,490	2,486	2,482	2,479
Distributions in Excess of Earnings	-1,003	-1,009	-807.51	-856.86	-809.84
Comprehensive Income & Other	0.99	2.12	2.07	-3.06	-9.16
Total Common Equity	1,493	1,484	1,682	1,623	1,661
Minority Interest	67.48	63.42	65.95	61.23	58.11
Shareholders' Equity	1,561	1,547	1,748	1,684	1,719
Total Liabilities & Equity	4,254	4,247	4,257	4,262	4,077
Total Debt	2,441	2,451	2,261	2,302	2,127
Net Cash / Debt	-2,402	-2,280	-2,246	-2,288	-2,109
Net Cash Per Share	-21.27	-20.33	-19.94	-20.35	-18.82
Filing Date Shares Outstanding	112.48	112.35	112.23	112.16	111.82
Total Common Shares Outstanding	112.48	112.36	112.24	112.16	111.82
Book Value Per Share	13.27	13.21	14.98	14.47	14.85
Tangible Book Value	1,482	1,477	1,672	1,608	1,642
Tangible Book Value Per Share	13.18	13.15	14.90	14.34	14.68
Land	495.71	482.96	539.81	572.9	522.22
Buildings	4,395	4,164	3,987	3,670	3,445
Construction In Progress	277.05	256.87	297.5	442.43	447.27

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q