Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. COPT Defense Properties's
Operating Income
for the
three
months ended in Mar. 2026 was MXN1,052 Mil. COPT Defense Properties's Interest Expense for the
three
months ended in Mar. 2026 was MXN-433 Mil.
COPT Defense Properties's interest coverage for the quarter that ended in Mar. 2026 was 2.43.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. COPT Defense Properties interest coverage is 2.64, which is low.
The historical rank and industry rank for COPT Defense Properties's Interest Coverage or its related term are showing as below:
MEX:CDP'
s Interest Coverage Range Over the Past 10 Years
Min: 1.95 Med: 2.46 Max: 2.97
Current: 2.64
MEX:CDP's Interest Coverage is ranked worse than 56.57% of 700
companies
in the REITs industry
Industry Median: 3.095
vs MEX:CDP: 2.64
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
COPT Defense Properties Interest Coverage Related Terms
COPT Defense Properties Interest Coverage Historical Data
* Premium members only.
The historical data trend for COPT Defense Properties's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:CDP vs KRC, SLG, HIW: Interest Coverage Comparison
For the REIT - Office subindustry, COPT Defense Properties's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
COPT Defense Properties Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, COPT Defense Properties's Interest Coverage distribution charts can be found below:
* The bar in red indicates where COPT Defense Properties's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
COPT Defense Properties (MEX:CDP) has a Interest Coverage of 2.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on COPT Defense Properties and its competitors. This is near median its historical median of 2.46. Over the past decade, COPT Defense Properties' Interest Coverage has ranged from 1.95 to 2.97. According to the industry distribution chart, COPT Defense Properties ranks #396 out of 700 companies in the REITs industry, placing it in the top 56.6%.
Is COPT Defense Properties' Interest Coverage too high?
COPT Defense Properties' current Interest Coverage of 2.43 is near median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 2.97. The REITs industry median Interest Coverage is 3.10. COPT Defense Properties' value of 2.43 is 21.5% below this industry median. Based on the distribution chart, COPT Defense Properties ranks #396 out of 700 companies in the REITs industry, which is below the industry midpoint. Overall, COPT Defense Properties has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' Interest Coverage compare to KRC and SLG?
According to the REITs industry distribution chart, COPT Defense Properties ranks #396 out of 700 companies for Interest Coverage. This places COPT Defense Properties in the lower half of its industry. The industry median Interest Coverage is 3.10. COPT Defense Properties' value of 2.43 is 21.5% below this benchmark. Historically, COPT Defense Properties' own Interest Coverage has ranged from 1.95 to 2.97 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 3.10, COPT Defense Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. COPT Defense Properties's current Interest Coverage of 2.43 is 21.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on COPT Defense Properties and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COPT Defense Properties's current Interest Coverage is 2.43, which is near median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
COPT Defense Properties (MEX:CDP) has a current Interest Coverage of 2.43. The stock's GF Value™ is MXN418.87, compared to a current price of MXN531.56 — trading 26.9% above its estimated fair value. The current Interest Coverage is 2.43, which is near median its 10-year median of 2.46 and 21.5% below the REITs industry median of 3.10. COPT Defense Properties' overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For COPT Defense Properties (MEX:CDP), the current Interest Coverage is 2.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is COPT Defense Properties (MEX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued.
The current stock price of MXN531.56 is trading 26.9% above its estimated GF Value™ of MXN418.87.
Key valuation signals for MEX:CDP:
Interest Coverage: 2.43 (near median its 10-year median of 2.46)
GF Value™: MXN418.87 vs. price of MXN531.56 (26.9% above fair value)
Industry Position: 21.5% below the REITs median (#396 of 700)
No single metric tells the full story. See the MEX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
73GF Score
Get the complete analysis for MEX:CDP
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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