CoreCivic Inc (CXW)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,931,890 | 2,913,940 | 2,903,210 | 3,027,360 | 3,105,400 | 3,068,610 | 3,027,780 | 3,055,400 | 3,244,770 | 3,270,930 | 3,276,530 | 3,529,550 | 3,498,940 | 3,621,980 | 3,424,200 | 3,713,800 | 3,709,320 | 4,041,200 | 4,039,740 | 4,078,800 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,931,890K
= 0.00
CoreCivic Inc has consistently maintained a debt-to-assets ratio of 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company's total debt is effectively zero in comparison to its total assets during these periods. Having a debt-to-assets ratio of 0.00 typically suggests that the company does not rely heavily on debt financing to support its operations or expansion, and it may demonstrate a strong financial position with sufficient equity funding to support its activities.
Peer comparison
Dec 31, 2024