CoreCivic Financials

CXW Stock  USD 21.94  0.03  0.14%   
Based on the measurements of operating efficiency obtained from CoreCivic's historical financial statements, CoreCivic may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, CoreCivic's Other Current Liabilities is fairly stable compared to the past year. Cash is likely to climb to about 127.9 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 933.6 M in 2024. Key indicators impacting CoreCivic's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.160.7411
Way Up
Slightly volatile
Current Ratio1.831.5966
Fairly Up
Pretty Stable
Investors should never underestimate CoreCivic's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CoreCivic's cash flow, debt, and profitability to make informed and accurate decisions about investing in CoreCivic.

Cash And Equivalents

125.26 Million

  
Understanding current and past CoreCivic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CoreCivic's financial statements are interrelated, with each one affecting the others. For example, an increase in CoreCivic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CoreCivic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CoreCivic. Check CoreCivic's Beneish M Score to see the likelihood of CoreCivic's management manipulating its earnings.

CoreCivic Stock Summary

CoreCivic competes with ADT, NL Industries, Mistras, Evolv Technologies, and CompX International. CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. The company was founded in 1983 and is based in Brentwood, Tennessee. Corecivic operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 10350 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS21871N1019
CUSIP21871N101 22025Y407 12486R108 74264N105 22025Y100
LocationTennessee; U.S.A
Business Address5501 Virginia Way,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.corecivic.com
Phone615 263 3000
CurrencyUSD - US Dollar

CoreCivic Key Financial Ratios

CoreCivic Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.8B3.7B3.5B3.2B3.1B2.2B
Other Current Liab(15.4M)126.4M143.2M123.3M135.8M142.6M
Net Debt1.9B1.7B1.2B1.1B1.1B874.4M
Retained Earnings(446.3M)(446.5M)(498.7M)(376.4M)(308.8M)(324.3M)
Cash92.1M113.2M299.6M149.4M121.8M127.9M
Net Receivables280.8M267.7M282.8M312.4M312.2M184.3M
Other Current Assets35.5M336.2M44.9M51.8M40.9M29.7M
Total Liab2.4B2.3B2.1B1.8B1.6B1.2B
Total Current Assets435.4M717.1M627.4M513.7M474.9M272.8M
Short Term Debt31.3M65.1M66.4M198.2M46.0M48.2M
Accounts Payable337.5M85.4M90.8M89.7M72.0M68.4M
Other Assets441.8M636.0M583.5M550.2M1.00.95
Common Stock1.2M1.2M1.2M1.2M1.1M1.1M
Other Liab59.2M234.8M293.5M172.8M198.7M208.6M
Long Term Debt1.9B1.7B1.5B1.1B1.1B1.3B
Good Will48.2M50.5M5.9M4.8M4.4M4.1M
Intangible Assets14.5M10.7M9.0M7.7M7.2M6.8M
Inventory27.0M303.0M18.1M19.7M1.00.95
Net Tangible Assets1.3B1.4B1.4B1.4B1.3B1.1B
Long Term Debt Total1.9B1.7B1.5B1.1B1.2B1.5B
Capital Surpluse1.8B1.8B1.9B1.8B2.1B1.8B

CoreCivic Key Income Statement Accounts

The reason investors look at the income statement is to determine what CoreCivic's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense84.4M83.3M85.5M85.0M73.0M43.8M
Total Revenue2.0B1.9B1.9B1.8B1.9B1.1B
Gross Profit557.9M499.1M525.6M431.5M306.9M342.0M
Operating Income281.6M217.3M189.4M168.8M170.8M172.0M
Ebit281.6M143.0M181.6M261.2M168.8M176.8M
Ebitda430.4M293.9M316.4M389.1M296.1M271.6M
Cost Of Revenue1.4B1.4B1.3B1.4B1.6B854.4M
Net Income188.9M55.3M(51.9M)122.3M67.6M66.7M
Income Tax Expense7.8M4.4M138.0M43.0M28.2M23.2M
Income Before Tax196.7M59.7M86.1M165.3M95.8M113.1M
Non Recurring4.7M60.6M65.7M6.3M7.2M6.9M
Tax Provision7.8M4.4M138.0M43.0M26.1M31.6M
Interest Income84.4M83.3M85.5M85.0M97.7M83.2M
Net Interest Income(85.0M)(90.4M)(141.8M)(93.1M)(75.7M)(79.5M)

CoreCivic Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(35.7M)(8.0M)16.9M(16.8M)(15.1M)(15.8M)
Change In Cash45.0M17.7M173.9M(148.5M)(33.2M)(31.5M)
Free Cash Flow161.1M271.7M182.3M72.2M161.6M169.7M
Depreciation144.6M150.9M134.7M127.9M127.3M85.4M
Other Non Cash Items10.4M92.6M41.3M(66.3M)10.6M10.0M
Capital Expenditures193.3M83.8M80.9M81.4M70.3M66.7M
Net Income188.9M55.3M(51.9M)122.3M67.6M72.6M
End Period Cash Flow119.1M136.8M310.7M162.2M129.0M82.9M
Dividends Paid209.5M106.0M2.5M886K131K124.5K
Change To Netincome22.6M102.2M96.4M(47.0M)(54.0M)(51.3M)
Net Borrowings480.3M(189.4M)356.3M(293.8M)(337.9M)(321.0M)
Investments(244.6M)13.0M238.4M73.0M(68.1M)(64.7M)

CoreCivic Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CoreCivic's current stock value. Our valuation model uses many indicators to compare CoreCivic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CoreCivic competition to find correlations between indicators driving CoreCivic's intrinsic value. More Info.
CoreCivic is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.82  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CoreCivic is roughly  1.22 . At this time, CoreCivic's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CoreCivic by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CoreCivic Systematic Risk

CoreCivic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CoreCivic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CoreCivic correlated with the market. If Beta is less than 0 CoreCivic generally moves in the opposite direction as compared to the market. If CoreCivic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CoreCivic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CoreCivic is generally in the same direction as the market. If Beta > 1 CoreCivic moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CoreCivic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CoreCivic's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CoreCivic growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.54)

At this time, CoreCivic's Price Earnings To Growth Ratio is fairly stable compared to the past year.

CoreCivic November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CoreCivic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CoreCivic. We use our internally-developed statistical techniques to arrive at the intrinsic value of CoreCivic based on widely used predictive technical indicators. In general, we focus on analyzing CoreCivic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CoreCivic's daily price indicators and compare them against related drivers.

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.