CoreCivic Balance Sheet Health
Financial Health criteria checks 3/6
CoreCivic has a total shareholder equity of $1.4B and total debt of $1.0B, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are $2.9B and $1.5B respectively. CoreCivic's EBIT is $196.3M making its interest coverage ratio 2.8. It has cash and short-term investments of $60.2M.
Key information
70.4%
Debt to equity ratio
US$1.02b
Debt
Interest coverage ratio | 2.8x |
Cash | US$60.19m |
Equity | US$1.45b |
Total liabilities | US$1.46b |
Total assets | US$2.90b |
Recent financial health updates
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 24Does CoreCivic (NYSE:CXW) Have A Healthy Balance Sheet?
Aug 25Recent updates
Some 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 22CoreCivic (NYSE:CXW) Hasn't Managed To Accelerate Its Returns
Oct 13Is Now An Opportune Moment To Examine CoreCivic, Inc. (NYSE:CXW)?
Sep 25CoreCivic: 16% Buyback Yield Should Drive The Share Price Up Sharply
Sep 06Does CoreCivic (NYSE:CXW) Have A Healthy Balance Sheet?
Aug 25Corecivic FFO of $0.34 misses by $0.02, revenue of $456.7M misses by $3.36M
Aug 02What Does CoreCivic, Inc.'s (NYSE:CXW) Share Price Indicate?
May 30Financial Position Analysis
Short Term Liabilities: CXW's short term assets ($383.0M) exceed its short term liabilities ($266.5M).
Long Term Liabilities: CXW's short term assets ($383.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CXW's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: CXW's debt to equity ratio has reduced from 138.2% to 70.4% over the past 5 years.
Debt Coverage: CXW's debt is well covered by operating cash flow (20.8%).
Interest Coverage: CXW's interest payments on its debt are not well covered by EBIT (2.8x coverage).