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
Is CoreCivic (NYSE:CXW) A Risky Investment?
Aug 09
Does CoreCivic (NYSE:CXW) Have A Healthy Balance Sheet?
Jan 05Is CoreCivic (NYSE:CXW) A Risky Investment?
May 10Here's Why CoreCivic (NYSE:CXW) Has A Meaningful Debt Burden
Jan 24Recent updates
CoreCivic, Inc.'s (NYSE:CXW) 38% Price Boost Is Out Of Tune With Earnings
Nov 07Is Now An Opportune Moment To Examine CoreCivic, Inc. (NYSE:CXW)?
Oct 29Getting In Cheap On CoreCivic, Inc. (NYSE:CXW) Is Unlikely
Sep 21Is There An Opportunity With CoreCivic, Inc.'s (NYSE:CXW) 42% Undervaluation?
Sep 05CoreCivic: Political Uncertainty Leads To Ratings Downgrade
Sep 03Earnings Beat: CoreCivic, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 11Is CoreCivic (NYSE:CXW) A Risky Investment?
Aug 09Some CoreCivic, Inc. (NYSE:CXW) Shareholders Look For Exit As Shares Take 25% Pounding
Jun 13CoreCivic's Plunge Does Not Constitute A Buying Opportunity
Jun 11Some May Be Optimistic About CoreCivic's (NYSE:CXW) Earnings
May 22Is Now An Opportune Moment To Examine CoreCivic, Inc. (NYSE:CXW)?
Apr 15Estimating The Fair Value Of CoreCivic, Inc. (NYSE:CXW)
Apr 03CoreCivic, Inc.'s (NYSE:CXW) Shareholders Might Be Looking For Exit
Mar 02Returns On Capital At CoreCivic (NYSE:CXW) Paint A Concerning Picture
Jan 23CoreCivic: High FFO May Lead To A Debt-Free Status By 2028
Jan 12Does CoreCivic (NYSE:CXW) Have A Healthy Balance Sheet?
Jan 05Why CoreCivic, Inc. (NYSE:CXW) Could Be Worth Watching
Dec 19CoreCivic: Quarterly Revenue Surprise, New 2023 Contracts, And Cheap
Nov 17CoreCivic, Inc.'s (NYSE:CXW) Intrinsic Value Is Potentially 27% Above Its Share Price
Nov 08CoreCivic, Inc.'s (NYSE:CXW) Low P/E No Reason For Excitement
Sep 23CoreCivic: Having Successfully Executed Its Balance Sheet Plan, It May Be Time To Follow The Playbook Elsewhere
Aug 31Why CoreCivic, Inc. (NYSE:CXW) Could Be Worth Watching
Aug 10CoreCivic: A Risk Bound Investment
Jul 04Is CoreCivic (NYSE:CXW) A Risky Investment?
May 10When Should You Buy CoreCivic, Inc. (NYSE:CXW)?
Apr 12CoreCivic (NYSE:CXW) Could Be At Risk Of Shrinking As A Company
Feb 11Corecivic FFO of $0.42 beats by $0.09, revenue of $471.43M beats by $2.38M
Feb 08Here's Why CoreCivic (NYSE:CXW) Has A Meaningful Debt Burden
Jan 24When Should You Buy CoreCivic, Inc. (NYSE:CXW)?
Jan 03CoreCivic to redeem 4.625% senior notes due 2023
Dec 22Financial Position Analysis
Short Term Liabilities: CXW's short term assets ($416.1M) exceed its short term liabilities ($274.7M).
Long Term Liabilities: CXW's short term assets ($416.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CXW's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: CXW's debt to equity ratio has reduced from 134.8% to 67.2% over the past 5 years.
Debt Coverage: CXW's debt is well covered by operating cash flow (25.4%).
Interest Coverage: CXW's interest payments on its debt are not well covered by EBIT (2.9x coverage).