COPT Defense Properties (CDP)

COPT Defense Properties Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	3,648	3,548	3,596	3,583	3,454	3,417
Total Real Estate Assets	3,648	3,548	3,596	3,583	3,454	3,417
Cash & Equivalents	34.48	167.82	12.34	13.26	18.37	14.73
Accounts Receivable	287	279.7	240.57	229.74	186.05	168.84
Investment In Debt and Equity Securities	-	-	-	5.58	5.54	6.71
Other Intangible Assets	-	6.85	9.96	14.57	19.25	27.39
Loans Receivable Current	83.54	81.51	84.62	82.23	68.75	73.52
Restricted Cash	-	-	-	4.05	3.66	3.4
Other Current Assets	-	-	161.29	216.67	221.51	18.84
Trading Asset Securities	0.75	2.56	2.63	0.36	-	0.02
Deferred Long-Term Tax Assets	-	-	-	1.84	1.99	2.33
Deferred Long-Term Charges	71.82	70.06	69.34	67.16	60.62	62.03
Other Long-Term Assets	109	90.93	80.91	43.86	37.57	59.63
Total Assets	4,234	4,247	4,257	4,262	4,077	3,854
Current Portion of Leases	1.76	6.82	-	-	-	1.77
Long-Term Debt	2,391	2,416	2,232	2,272	2,096	1,857
Long-Term Leases	32.25	27.58	28.76	29.34	30.77	16.25
Accounts Payable	134.11	133.32	158	186.2	142.72	148.75
Other Current Liabilities	33.92	32.64	31.4	31.3	31.23	31.26
Long-Term Unearned Revenue	73.41	68.63	43.89	44.1	48.87	42.17
Other Long-Term Liabilities	12.58	14.34	15.69	15.23	7.85	8.76
Total Liabilities	2,679	2,700	2,510	2,578	2,358	2,106
Common Stock	1.13	1.13	1.12	1.12	1.12	1.12
Additional Paid-In Capital	2,493	2,490	2,486	2,482	2,479	2,482
Distributions in Excess of Earnings	-1,005	-1,009	-807.51	-856.86	-809.84	-778.28
Comprehensive Income & Other	0.06	2.12	2.07	-3.06	-9.16	-25.44
Total Common Equity	1,489	1,484	1,682	1,623	1,661	1,679
Minority Interest	65.77	63.42	65.95	61.23	58.11	69.72
Shareholders' Equity	1,555	1,547	1,748	1,684	1,719	1,749
Total Liabilities & Equity	4,234	4,247	4,257	4,262	4,077	3,854
Total Debt	2,425	2,451	2,261	2,302	2,127	1,875
Net Cash / Debt	-2,390	-2,280	-2,246	-2,288	-2,109	-1,860
Net Cash Per Share	-21.21	-20.33	-19.94	-20.35	-18.82	-16.66
Filing Date Shares Outstanding	112.46	112.35	112.23	112.16	111.82	111.69
Total Common Shares Outstanding	112.46	112.36	112.24	112.16	111.82	111.68
Book Value Per Share	13.24	13.21	14.98	14.47	14.85	15.03
Tangible Book Value	1,489	1,477	1,672	1,608	1,642	1,652
Tangible Book Value Per Share	13.24	13.15	14.90	14.34	14.68	14.79
Land	491.3	482.96	539.81	572.9	522.22	472.98
Buildings	4,301	4,164	3,987	3,670	3,445	3,307
Construction In Progress	314.73	256.87	297.5	442.43	447.27	568.24

Source: S&P Capital IQ. Real Estate template. Financial Sources.