What is CoreCivic Effective Interest Rate on Debt %?
Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. CoreCivic's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $63 Mil. CoreCivic's average total debt for the quarter that ended in Dec. 2024 was $1,002 Mil. Therefore, CoreCivic's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.26%.
CoreCivic Effective Interest Rate on Debt % Historical Data
The historical data trend for CoreCivic's Effective Interest Rate on Debt % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of CoreCivic's Effective Interest Rate on Debt %
For the Security & Protection Services subindustry, CoreCivic's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CoreCivic's Effective Interest Rate on Debt % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, CoreCivic's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where CoreCivic's Effective Interest Rate on Debt % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
CoreCivic (NYSE:CXW) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
CoreCivic Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of CoreCivic's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
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