CoreCivic Income Quality from 2010 to 2024

CXW Stock  USD 22.33  0.16  0.71%   
CoreCivic Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality will likely drop to 1.84 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
3.43099571
Current Value
1.84
Quarterly Volatility
2.33694192
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CoreCivic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoreCivic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 94.8 M, Interest Expense of 43.8 M or Selling General Administrative of 142.9 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 1.0E-4 or PTB Ratio of 1.06. CoreCivic financial statements analysis is a perfect complement when working with CoreCivic Valuation or Volatility modules.
  
Check out the analysis of CoreCivic Correlation against competitors.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

Latest CoreCivic's Income Quality Growth Pattern

Below is the plot of the Income Quality of CoreCivic over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. CoreCivic's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CoreCivic's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

CoreCivic Income Quality Regression Statistics

Arithmetic Mean1.61
Geometric Mean1.95
Coefficient Of Variation144.84
Mean Deviation1.26
Median1.84
Standard Deviation2.34
Sample Variance5.46
Range11.497
R-Value0.06
Mean Square Error5.86
R-Squared0
Significance0.84
Slope0.03
Total Sum of Squares76.46

CoreCivic Income Quality History

2024 1.84
2023 3.43
2022 1.26
2021 -5.07
2020 6.42
2019 1.88
2018 2.03

About CoreCivic Financial Statements

CoreCivic investors use historical fundamental indicators, such as CoreCivic's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CoreCivic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 3.43  1.84 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CoreCivic Stock Analysis

When running CoreCivic's price analysis, check to measure CoreCivic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.