CoreCivic Inc (CXW)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,493,350 | 1,477,570 | 1,432,410 | 1,372,470 | 1,390,170 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,493,350K
= 0.00
The debt-to-equity ratio for CoreCivic Inc has remained at 0.00 for the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has primarily relied on equity for its capital structure. A debt-to-equity ratio of 0.00 signifies a conservative financial stance, where the company is not burdened by excessive debt obligations relative to its equity. CoreCivic's consistent 0.00 debt-to-equity ratio suggests a strong financial position and may indicate a lower overall financial risk compared to companies with higher debt levels.
Peer comparison
Dec 31, 2024