CXW (CoreCivic) Interest Expense : $-67 Mil (TTM As of Dec. 2024)

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What is CoreCivic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CoreCivic's interest expense for the three months ended in Dec. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-67 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. CoreCivic's Operating Income for the three months ended in Dec. 2024 was $ 38 Mil. CoreCivic's Interest Expense for the three months ended in Dec. 2024 was $ -16 Mil. CoreCivic's Interest Coverage for the quarter that ended in Dec. 2024 was 2.43. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CoreCivic Interest Expense Historical Data

The historical data trend for CoreCivic's Interest Expense 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.

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CoreCivic Interest Expense Chart

CoreCivic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-83.30

-85.54

-84.97

-72.96

-67.42

CoreCivic Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-17.66	-18.61	-17.11	-16.00	-15.69

CoreCivic Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.

CoreCivic (NYSE:CXW) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CoreCivic's Interest Expense for the three months ended in Dec. 2024 was $-16 Mil. Its Operating Income for the three months ended in Dec. 2024 was $38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $998 Mil.

CoreCivic's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	38.152	/	-15.694
	=	2.43

The higher the ratio, the stronger the company's financial strength is.

CoreCivic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CoreCivic Inc (NYSE:CXW) » Definitions » Interest Expense

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Traded in Other Exchanges

PSRA:Germany

Address

5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027

Website

https://www.corecivic.com

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.

Executives

Carter, Cole G.	officer: SVP, General Counsel, Secretar	10 BURTON HILLS BLVD., NASHVILLE TN 37215
David K Churchill	officer: Chief Human Resources	10 BURTON HILLS BLVD, NASHVILLE TN 37215
Stacia Hylton	director	6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Thurgood Jr Marshall	director	3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
Anthony L Grande	officer: Senior VP, Customer Relations	CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Mark A Emkes	director	425 WINTER ROAD, DELAWARE OH 43015
Harley G. Lappin	officer: Chief Corrections Officer	10 BURTON HILLS BLVD, NASHVILLE TN 37215
Devin Ignatius Murphy	director	104 MAIN STREET, SOUTHPORT CT 06890
Robert J Dennis	director	GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
David Garfinkle	officer: Vice President, Finance
Anne L Mariucci	director	6539 N 31ST PLACE, PHOENIX AZ 85016
Damon T Hininger	officer: Senior VP, Customer Relations	CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Lucibeth Mayberry	officer: SVP, Real Estate	10 BURTON HILLS BLVD, NASHVILLE TN 37215
Patrick D. Swindle,	officer: EVP, Chief Corrections Officer	10 BURTON HILLS BLVD., NASHVILLE TN 37215
Prann John R Jr	director