CoreCivic Total Assets vs Property Plant And Equipment Gross Analysis

CXW Stock  USD 21.94  0.03  0.14%   
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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoreCivic Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between CoreCivic's Total Assets and Property Plant And Equipment Gross is 0.61. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of CoreCivic, assuming nothing else is changed. The correlation between historical values of CoreCivic's Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of CoreCivic are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., CoreCivic's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of CoreCivic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CoreCivic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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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