CoreCivic Inc (CXW)

Debt-to-capital 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 stockholders’ equity US$ in thousands 1,493,350 1,476,220 1,447,520 1,443,920 1,477,570 1,458,300 1,439,140 1,419,730 1,432,410 1,402,180 1,368,940 1,391,520 1,372,470 1,339,360 1,286,960 1,266,960 1,390,170 1,412,720 1,381,910 1,355,400
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,493,350K)
= 0.00

The debt-to-capital ratio of CoreCivic Inc has consistently been reported as 0.00 for the periods spanning from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has either no debt or a negligible amount of debt in relation to its capital structure. This suggests that CoreCivic Inc may be operating with a conservative financial structure, potentially relying more on equity financing rather than debt financing. This low ratio may be viewed positively by investors and creditors as it implies lower financial risk and greater financial stability for the company.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
CoreCivic Inc
CXW
0.00
Geo Group Inc
GEO
0.00