CoreCivic Balance Sheet Health
Financial Health criteria checks 3/6
CoreCivic has a total shareholder equity of $1.5B and total debt of $991.8M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are $2.9B and $1.4B respectively. CoreCivic's EBIT is $203.7M making its interest coverage ratio 2.9. It has cash and short-term investments of $107.9M.
Key information
67.2%
Debt to equity ratio
US$991.76m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$107.85m |
| Equity | US$1.48b |
| Total liabilities | US$1.44b |
| Total assets | US$2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSRA's short term assets ($416.1M) exceed its short term liabilities ($274.7M).
Long Term Liabilities: PSRA's short term assets ($416.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: PSRA's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: PSRA's debt to equity ratio has reduced from 134.8% to 67.2% over the past 5 years.
Debt Coverage: PSRA's debt is well covered by operating cash flow (25.4%).
Interest Coverage: PSRA's interest payments on its debt are not well covered by EBIT (2.9x coverage).