CoreCivic Ptb Ratio vs Free Cash Flow Yield Analysis

CXW Stock  USD 22.33  0.16  0.71%   
CoreCivic financial indicator trend analysis is way more than just evaluating CoreCivic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CoreCivic is a good investment. Please check the relationship between CoreCivic Ptb Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoreCivic Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CoreCivic's Ptb Ratio and Free Cash Flow Yield is -0.39. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of CoreCivic, assuming nothing else is changed. The correlation between historical values of CoreCivic's Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of CoreCivic are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., CoreCivic's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from CoreCivic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CoreCivic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.Selling General Administrative is likely to climb to about 142.9 M in 2024. Tax Provision is likely to climb to about 31.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit525.6M431.5M306.9M342.0M
Total Revenue1.9B1.8B1.9B1.1B

CoreCivic fundamental ratios Correlations

0.950.040.840.930.920.93-0.390.340.990.340.40.920.980.960.310.70.970.610.770.180.550.560.040.020.28
0.95-0.020.80.780.840.99-0.490.280.950.340.340.80.890.990.380.620.990.490.720.120.580.630.110.180.24
0.04-0.020.22-0.02-0.25-0.12-0.360.75-0.070.830.660.240.110.040.41-0.420.070.60.560.68-0.740.40.290.070.89
0.840.80.220.720.670.75-0.670.460.820.590.510.820.860.790.210.530.850.660.710.550.410.670.30.320.43
0.930.78-0.020.720.950.77-0.160.240.930.160.30.920.950.80.150.770.810.620.640.110.540.3-0.1-0.210.17
0.920.84-0.250.670.950.85-0.170.070.96-0.010.130.820.920.830.080.870.830.50.49-0.090.740.24-0.14-0.140.0
0.930.99-0.120.750.770.85-0.450.140.940.230.20.750.860.970.360.660.960.420.630.040.650.560.080.150.13
-0.39-0.49-0.36-0.67-0.16-0.17-0.45-0.45-0.36-0.63-0.43-0.27-0.44-0.46-0.28-0.21-0.51-0.42-0.45-0.38-0.13-0.59-0.75-0.85-0.6
0.340.280.750.460.240.070.14-0.450.250.850.970.440.370.350.18-0.140.380.660.690.55-0.350.590.210.170.84
0.990.95-0.070.820.930.960.94-0.360.250.240.310.90.970.950.220.760.950.580.680.110.640.480.010.00.18
0.340.340.830.590.16-0.010.23-0.630.850.240.820.460.360.380.36-0.260.430.650.720.8-0.410.730.410.320.84
0.40.340.660.510.30.130.2-0.430.970.310.820.50.420.410.2-0.090.440.570.740.54-0.280.650.250.20.77
0.920.80.240.820.920.820.75-0.270.440.90.460.50.930.820.210.550.850.750.780.370.340.490.02-0.180.35
0.980.890.110.860.950.920.86-0.440.370.970.360.420.930.90.260.740.920.70.740.230.520.50.080.040.35
0.960.990.040.790.80.830.97-0.460.350.950.380.410.820.90.410.590.990.520.770.140.530.650.080.130.3
0.310.380.410.210.150.080.36-0.280.180.220.360.20.210.260.41-0.080.390.030.660.26-0.240.550.130.190.47
0.70.62-0.420.530.770.870.66-0.21-0.140.76-0.26-0.090.550.740.59-0.080.60.310.19-0.250.810.05-0.040.05-0.13
0.970.990.070.850.810.830.96-0.510.380.950.430.440.850.920.990.390.60.560.790.220.520.680.120.170.33
0.610.490.60.660.620.50.42-0.420.660.580.650.570.750.70.520.030.310.560.590.49-0.010.310.11-0.10.66
0.770.720.560.710.640.490.63-0.450.690.680.720.740.780.740.770.660.190.790.590.51-0.050.780.180.10.7
0.180.120.680.550.11-0.090.04-0.380.550.110.80.540.370.230.140.26-0.250.220.490.51-0.430.620.150.130.56
0.550.58-0.740.410.540.740.65-0.13-0.350.64-0.41-0.280.340.520.53-0.240.810.52-0.01-0.05-0.43-0.02-0.090.11-0.46
0.560.630.40.670.30.240.56-0.590.590.480.730.650.490.50.650.550.050.680.310.780.62-0.020.210.420.52
0.040.110.290.3-0.1-0.140.08-0.750.210.010.410.250.020.080.080.13-0.040.120.110.180.15-0.090.210.770.42
0.020.180.070.32-0.21-0.140.15-0.850.170.00.320.2-0.180.040.130.190.050.17-0.10.10.130.110.420.770.3
0.280.240.890.430.170.00.13-0.60.840.180.840.770.350.350.30.47-0.130.330.660.70.56-0.460.520.420.3
Click cells to compare fundamentals

CoreCivic Account Relationship Matchups

CoreCivic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B3.7B3.5B3.2B3.1B2.2B
Short Long Term Debt Total2.0B1.8B1.5B1.3B1.2B933.6M
Other Current Liab(15.4M)126.4M143.2M123.3M135.8M142.6M
Total Current Liabilities368.8M313.4M341.0M450.8M297.5M204.9M
Total Stockholder Equity1.4B1.4B1.4B1.4B1.5B955.3M
Property Plant And Equipment Net2.7B2.4B2.3B2.2B2.2B1.7B
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
Non Current Assets Total3.4B3.0B2.9B2.7B2.6B1.9B
Non Currrent Assets Other350.9M396.7M583.5M550.2M384.2M321.9M
Cash And Short Term Investments92.1M113.2M299.6M149.4M121.8M63.9M
Net Receivables280.8M267.7M282.8M312.4M312.2M184.3M
Common Stock Shares Outstanding119.2M120.9M120.2M119.1M114.7M92.7M
Liabilities And Stockholders Equity3.8B3.7B3.5B3.2B3.1B2.2B
Non Current Liabilities Total2.0B2.0B1.8B1.4B1.3B1.0B
Other Current Assets35.5M336.2M44.9M51.8M40.9M29.7M
Other Stockholder Equity1.8B1.8B1.9B1.8B1.8B1.6B
Total Liab2.4B2.3B2.1B1.8B1.6B1.2B
Property Plant And Equipment Gross2.8B2.5B3.9B3.9B4.1B4.3B
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 Stock Total Equity1.2M1.2M1.2M1.2M1.3M1.1M
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
Property Plant Equipment2.7B2.4B2.3B2.2B2.5B2.5B
Current Deferred Revenue15.4M8.7M10.9M10.9M13.1M25.0M
Inventory27.0M303.0M18.1M19.7M1.00.95
Net Tangible Assets1.3B1.4B1.4B1.4B1.3B1.1B
Retained Earnings Total Equity(446.3M)(446.5M)(498.7M)(376.4M)(338.8M)(355.7M)
Long Term Debt Total1.9B1.7B1.5B1.1B1.2B1.5B
Capital Surpluse1.8B1.8B1.9B1.8B2.1B1.8B
Deferred Long Term Liab2.6M1.9M88.2M99.6M89.7M94.1M
Non Current Liabilities Other118.0M234.8M177.7M154.5M3.9M3.7M

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