CoreCivic (FRA:PSRA) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is CoreCivic LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. CoreCivic's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

CoreCivic's long-term debt to total assets ratio declined from Dec. 2023 (0.37) to Dec. 2024 (0.34). It may suggest that CoreCivic is progressively becoming less dependent on debt to grow their business.

CoreCivic LT-Debt-to-Total-Asset Historical Data

The historical data trend for CoreCivic's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

CoreCivic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.51

0.46

0.37

0.34

CoreCivic Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.33	0.35	0.34	0.34

CoreCivic LT-Debt-to-Total-Asset Calculation

CoreCivic's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	952.654	/	2799.956
	=	0.34

CoreCivic's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	952.654	/	2799.956
	=	0.34

CoreCivic (FRA:PSRA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

CoreCivic LT-Debt-to-Total-Asset Related Terms

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CoreCivic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CoreCivic Inc (FRA:PSRA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CXW:USA 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.

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