What is the level of liabilities of CoreCivic this year?
CoreCivic has a debt balance of 1.63 B USD this year.
CoreCivic Liabilities 2024
CoreCivic Liabilities
1.63 B USD
Ticker
CXW
ISIN
US21871N1019
WKN
A2DGL0
In 2024, CoreCivic's total liabilities amounted to 1.63 B USD, a -10.18% difference from the 1.81 B USD total liabilities in the previous year.
CoreCivic Aktienanalyse
What does CoreCivic do?
CoreCivic Inc. (formerly Corrections Corporation of America) is an American privately held company specializing in the care of inmates and providing facilities for corrections and immigration services. The company has been active since 1983 and is headquartered in Nashville, Tennessee. CoreCivic operates facilities in 20 states and employs over 14,000 staff members. History The company was founded in 1983 as a joint venture by Thomas W. Beasley, a former chairman of the Tennessee Republicans, and T. Don Hutto, a former chairman of the Texas Department of Corrections. The company went public in 1994 and expanded rapidly in the late 1990s. In 2000, it changed its name to Corrections Corporation of America (CCA). In 2016, the company changed its name to CoreCivic to reflect its diversification of services and focus on growth opportunities outside of correctional facilities. Business Model CoreCivic provides services in the state and federal corrections and immigration sector. The company owns and operates correctional facilities, detention centers, and facilities for the custody of offenders. Tasks include housing and rehabilitating inmates and other incarcerated individuals, as well as monitoring and guarding the facilities. The facilities are paid for by the federal government and government agencies based on cost comparisons that promote the cost of incarcerating prisoners. Segments and Products CoreCivic Inc. operates in three main business segments: Prisons CoreCivic owns and operates correctional facilities on behalf of the federal government and government agencies. These facilities include correctional facilities, community correctional centers, prisons, and facilities for the custody of adult, juvenile, and immigrant offenders. Community Correction CoreCivic offers probation and supervision services to state and local authorities. Services include specialized programs to assist in job search, drug abuse, and therapy. In some states, CoreCivic also offers electronic monitoring services. Immigration Services CoreCivic has been involved in immigration detention since 1984. The company owns and operates facilities for the detention of undocumented immigrants captured and incarcerated by the federal government. CoreCivic also operates reentry centers and facilities for the monitoring of immigrants under house arrest and supervision. Conclusion CoreCivic Inc. is a controversial private company operating in the field of corrections. Much of the criticism is directed at the company's profit optimization at the expense of inmates, who are often housed in poor conditions. Nevertheless, CoreCivic remains an important business partner for government agencies and relieves them of the need to build and maintain their own facilities. CoreCivic ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing CoreCivic's Liabilities
CoreCivic's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating CoreCivic's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing CoreCivic's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
CoreCivic's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in CoreCivic’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about CoreCivic stock
What were the liabilities of CoreCivic compared to the previous year?
The liabilities of CoreCivic have increased by -10.18% dropped compared to the previous year.
What are the consequences of high debt for investors of CoreCivic?
High liabilities can pose a risk for investors of CoreCivic, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in CoreCivic?
Low liabilities mean that CoreCivic has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of CoreCivic affect the company?
An increase in liabilities of CoreCivic can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of CoreCivic affect the company?
A decrease in the liabilities of CoreCivic can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of CoreCivic?
Some factors that can influence the liabilities of CoreCivic include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of CoreCivic so important for investors?
The liabilities of CoreCivic are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can CoreCivic take to modify the liabilities?
To change its liabilities, CoreCivic can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does CoreCivic pay?
Over the past 12 months, CoreCivic paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 6.37 %. For the coming 12 months, CoreCivic is expected to pay a dividend of 0 USD.
What is the dividend yield of CoreCivic?
The current dividend yield of CoreCivic is 6.37 %.
When does CoreCivic pay dividends?
CoreCivic pays a quarterly dividend. This is distributed in the months of July, October, February, April.
How secure is the dividend of CoreCivic?
CoreCivic paid dividends every year for the past 2 years.
What is the dividend of CoreCivic?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is CoreCivic located?
CoreCivic is assigned to the 'Industry' sector.
Wann musste ich die Aktien von CoreCivic kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CoreCivic from 4/15/2020 amounting to 0.44 USD, you needed to have the stock in your portfolio before the ex-date on 3/31/2020.
When did CoreCivic pay the last dividend?
The last dividend was paid out on 4/15/2020.
What was the dividend of CoreCivic in the year 2023?
In the year 2023, CoreCivic distributed 0 USD as dividends.
In which currency does CoreCivic pay out the dividend?
The dividends of CoreCivic are distributed in USD.
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Andere Kennzahlen von CoreCivic
Our stock analysis for CoreCivic Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CoreCivic Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
