CoreCivic Non Current Liabilities Total vs Total Stockholder Equity Analysis

CXW Stock

USD 15.15 0.08 0.53%

CoreCivic financial indicator trend analysis is way more than just evaluating CoreCivic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CoreCivic is a good investment. Please check the relationship between CoreCivic Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoreCivic Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CoreCivic's Non Current Liabilities Total and Total Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of CoreCivic, assuming nothing else is changed. The correlation between historical values of CoreCivic's Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of CoreCivic are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., CoreCivic's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from CoreCivic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CoreCivic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.Selling General Administrative is likely to climb to about 142.9 M in 2024. Tax Provision is likely to climb to about 31.6 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	525.6M	431.5M	306.9M	342.0M
Total Revenue	1.9B	1.8B	1.9B	1.1B

Gross Profit Total Revenue

CoreCivic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Other Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.94	0.11	0.84	0.93	0.92	0.92	-0.39	0.33	0.99	0.35	0.33	0.92	0.98	0.96	0.85	0.7	0.97	0.61	0.77	0.2	0.68	0.56	0.04	0.02	0.28
Short Long Term Debt Total	0.94		0.03	0.79	0.77	0.84	0.99	-0.48	0.26	0.94	0.35	0.26	0.78	0.88	0.99	0.76	0.63	0.99	0.47	0.7	0.15	0.7	0.64	0.08	0.18	0.22
Other Current Liab	0.11	0.03		0.38	0.06	-0.1	-0.09	-0.24	0.77	0.04	0.71	0.77	0.26	0.15	0.08	0.01	-0.21	0.14	0.36	0.44	0.71	-0.57	0.58	0.04	0.13	0.53
Total Current Liabilities	0.84	0.79	0.38		0.72	0.67	0.74	-0.67	0.45	0.82	0.6	0.45	0.82	0.86	0.79	0.74	0.53	0.85	0.66	0.71	0.57	0.49	0.67	0.3	0.32	0.43
Total Stockholder Equity	0.93	0.77	0.06	0.72		0.94	0.75	-0.16	0.23	0.93	0.16	0.23	0.92	0.95	0.8	0.81	0.77	0.81	0.62	0.64	0.13	0.64	0.3	-0.1	-0.21	0.17
Property Plant And Equipment Net	0.92	0.84	-0.1	0.67	0.94		0.85	-0.17	0.06	0.95	-0.02	0.06	0.8	0.91	0.83	0.79	0.88	0.83	0.48	0.48	-0.02	0.75	0.25	-0.16	-0.14	-0.01
Net Debt	0.92	0.99	-0.09	0.74	0.75	0.85		-0.44	0.12	0.93	0.23	0.12	0.73	0.85	0.97	0.75	0.67	0.96	0.4	0.62	0.09	0.76	0.57	0.04	0.16	0.11
Retained Earnings	-0.39	-0.48	-0.24	-0.67	-0.16	-0.17	-0.44		-0.45	-0.36	-0.63	-0.45	-0.27	-0.44	-0.46	-0.23	-0.21	-0.51	-0.42	-0.45	-0.32	-0.31	-0.59	-0.75	-0.85	-0.6
Cash	0.33	0.26	0.77	0.45	0.23	0.06	0.12	-0.45		0.24	0.86	1.0	0.44	0.37	0.34	0.21	-0.15	0.37	0.68	0.68	0.4	-0.26	0.57	0.22	0.16	0.85
Non Current Assets Total	0.99	0.94	0.04	0.82	0.93	0.95	0.93	-0.36	0.24		0.25	0.24	0.9	0.97	0.95	0.85	0.76	0.95	0.58	0.68	0.15	0.73	0.48	0.01	0.0	0.18
Non Currrent Assets Other	0.35	0.35	0.71	0.6	0.16	-0.02	0.23	-0.63	0.86	0.25		0.86	0.44	0.36	0.4	0.26	-0.25	0.44	0.63	0.72	0.69	-0.2	0.76	0.37	0.33	0.83
Cash And Short Term Investments	0.33	0.26	0.77	0.45	0.23	0.06	0.12	-0.45	1.0	0.24	0.86		0.44	0.37	0.34	0.21	-0.15	0.37	0.68	0.68	0.4	-0.26	0.57	0.22	0.16	0.85
Net Receivables	0.92	0.78	0.26	0.82	0.92	0.8	0.73	-0.27	0.44	0.9	0.44	0.44		0.93	0.82	0.82	0.55	0.85	0.75	0.78	0.35	0.51	0.49	0.02	-0.18	0.35
Common Stock Shares Outstanding	0.98	0.88	0.15	0.86	0.95	0.91	0.85	-0.44	0.37	0.97	0.36	0.37	0.93		0.9	0.84	0.74	0.92	0.7	0.74	0.24	0.66	0.5	0.08	0.04	0.35
Non Current Liabilities Total	0.96	0.99	0.08	0.79	0.8	0.83	0.97	-0.46	0.34	0.95	0.4	0.34	0.82	0.9		0.8	0.59	0.99	0.52	0.77	0.15	0.66	0.65	0.08	0.13	0.3
Other Current Assets	0.85	0.76	0.01	0.74	0.81	0.79	0.75	-0.23	0.21	0.85	0.26	0.21	0.82	0.84	0.8		0.51	0.81	0.56	0.64	0.21	0.63	0.32	0.01	-0.13	0.24
Other Stockholder Equity	0.7	0.63	-0.21	0.53	0.77	0.88	0.67	-0.21	-0.15	0.76	-0.25	-0.15	0.55	0.74	0.59	0.51		0.6	0.31	0.19	-0.16	0.73	0.05	-0.04	0.05	-0.13
Total Liab	0.97	0.99	0.14	0.85	0.81	0.83	0.96	-0.51	0.37	0.95	0.44	0.37	0.85	0.92	0.99	0.81	0.6		0.56	0.79	0.24	0.65	0.68	0.12	0.17	0.33
Property Plant And Equipment Gross	0.61	0.47	0.36	0.66	0.62	0.48	0.4	-0.42	0.68	0.58	0.63	0.68	0.75	0.7	0.52	0.56	0.31	0.56		0.59	0.35	0.21	0.31	0.11	-0.1	0.66
Total Current Assets	0.77	0.7	0.44	0.71	0.64	0.48	0.62	-0.45	0.68	0.68	0.72	0.68	0.78	0.74	0.77	0.64	0.19	0.79	0.59		0.43	0.25	0.78	0.18	0.1	0.7
Short Term Debt	0.2	0.15	0.71	0.57	0.13	-0.02	0.09	-0.32	0.4	0.15	0.69	0.4	0.35	0.24	0.15	0.21	-0.16	0.24	0.35	0.43		-0.32	0.62	0.06	0.13	0.36
Accounts Payable	0.68	0.7	-0.57	0.49	0.64	0.75	0.76	-0.31	-0.26	0.73	-0.2	-0.26	0.51	0.66	0.66	0.63	0.73	0.65	0.21	0.25	-0.32		0.03	0.22	0.14	-0.13
Other Assets	0.56	0.64	0.58	0.67	0.3	0.25	0.57	-0.59	0.57	0.48	0.76	0.57	0.49	0.5	0.65	0.32	0.05	0.68	0.31	0.78	0.62	0.03		0.21	0.42	0.52
Common Stock Total Equity	0.04	0.08	0.04	0.3	-0.1	-0.16	0.04	-0.75	0.22	0.01	0.37	0.22	0.02	0.08	0.08	0.01	-0.04	0.12	0.11	0.18	0.06	0.22	0.21		0.77	0.42
Common Stock	0.02	0.18	0.13	0.32	-0.21	-0.14	0.16	-0.85	0.16	0.0	0.33	0.16	-0.18	0.04	0.13	-0.13	0.05	0.17	-0.1	0.1	0.13	0.14	0.42	0.77		0.3
Other Liab	0.28	0.22	0.53	0.43	0.17	-0.01	0.11	-0.6	0.85	0.18	0.83	0.85	0.35	0.35	0.3	0.24	-0.13	0.33	0.66	0.7	0.36	-0.13	0.52	0.42	0.3

Click cells to compare fundamentals

CoreCivic Account Relationship Matchups

CoreCivic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	3.7B	3.5B	3.2B	3.1B	2.2B
Short Long Term Debt Total	2.0B	1.8B	1.5B	1.3B	1.1B	930.2M
Other Current Liab	(15.4M)	(8.7M)	203.9M	184.6M	(13.1M)	(13.8M)
Total Current Liabilities	368.8M	313.4M	341.0M	450.8M	297.5M	204.9M
Total Stockholder Equity	1.4B	1.4B	1.4B	1.4B	1.5B	955.3M
Property Plant And Equipment Net	2.7B	2.4B	2.3B	2.2B	2.1B	1.7B
Net Debt	1.9B	1.7B	1.2B	1.1B	966.1M	871.0M
Retained Earnings	(446.3M)	(446.5M)	(498.7M)	(376.4M)	(308.8M)	(324.3M)
Cash	92.1M	113.2M	299.6M	149.4M	129.0M	135.4M
Non Current Assets Total	3.4B	3.0B	2.9B	2.7B	2.6B	1.9B
Non Currrent Assets Other	350.9M	396.7M	583.5M	550.2M	309.6M	319.7M
Cash And Short Term Investments	92.1M	113.2M	299.6M	149.4M	129.0M	135.4M
Net Receivables	280.8M	267.7M	282.8M	312.4M	312.2M	184.3M
Common Stock Shares Outstanding	119.2M	120.9M	120.2M	119.1M	114.7M	92.7M
Liabilities And Stockholders Equity	3.8B	3.7B	3.5B	3.2B	3.1B	2.2B
Non Current Liabilities Total	2.0B	2.0B	1.8B	1.4B	1.3B	1.0B
Other Current Assets	35.5M	33.2M	26.9M	32.1M	33.8M	19.1M
Other Stockholder Equity	1.8B	1.8B	1.9B	1.8B	1.8B	1.6B
Total Liab	2.4B	2.3B	2.1B	1.8B	1.6B	1.2B
Property Plant And Equipment Gross	2.8B	2.5B	3.9B	3.9B	4.1B	4.3B
Total Current Assets	435.4M	717.1M	627.4M	513.7M	474.9M	272.8M
Short Term Debt	31.3M	39.1M	35.4M	165.5M	11.6M	11.0M
Accounts Payable	337.5M	274.3M	90.8M	89.7M	285.9M	159.9M
Other Assets	441.8M	636.0M	583.5M	550.2M	1.0	0.95
Common Stock Total Equity	1.2M	1.2M	1.2M	1.2M	1.3M	1.1M
Common Stock	1.2M	1.2M	1.2M	1.2M	1.1M	1.1M
Other Liab	59.2M	234.8M	293.5M	172.8M	198.7M	208.6M
Long Term Debt	1.9B	1.7B	1.5B	1.1B	1.1B	1.3B
Good Will	48.2M	50.5M	5.9M	4.8M	4.4M	4.1M
Intangible Assets	14.5M	10.7M	9.0M	7.7M	7.2M	6.8M
Property Plant Equipment	2.7B	2.4B	2.3B	2.2B	2.5B	2.5B
Current Deferred Revenue	15.4M	8.7M	10.9M	10.9M	13.1M	25.0M
Inventory	27.0M	303.0M	18.1M	19.7M	1.0	0.95
Net Tangible Assets	1.3B	1.4B	1.4B	1.4B	1.3B	1.1B
Retained Earnings Total Equity	(446.3M)	(446.5M)	(498.7M)	(376.4M)	(338.8M)	(355.7M)
Long Term Debt Total	1.9B	1.7B	1.5B	1.1B	1.2B	1.5B
Capital Surpluse	1.8B	1.8B	1.9B	1.8B	2.1B	1.8B
Deferred Long Term Liab	2.6M	1.9M	88.2M	99.6M	89.7M	94.1M
Non Current Liabilities Other	118.0M	234.8M	177.7M	154.5M	3.9M	3.7M

CoreCivic Investors Sentiment

The influence of CoreCivic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CoreCivic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to CoreCivic's public news can be used to forecast risks associated with an investment in CoreCivic. The trend in average sentiment can be used to explain how an investor holding CoreCivic can time the market purely based on public headlines and social activities around CoreCivic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

CoreCivic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CoreCivic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CoreCivic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CoreCivic.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoreCivic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoreCivic's short interest history, or implied volatility extrapolated from CoreCivic options trading.

Pair Trading with CoreCivic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoreCivic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoreCivic will appreciate offsetting losses from the drop in the long position's value.

Moving together with CoreCivic Stock

0.74

BrightView Holdings Fiscal Year End 21st of November 2024

Pair Corr

Moving against CoreCivic Stock

0.47	FA	First Advantage Corp	Pair Corr
0.43	DLHC	DLH Holdings Corp Potential Growth	Pair Corr

The ability to find closely correlated positions to CoreCivic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCivic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoreCivic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoreCivic to buy it.

The correlation of CoreCivic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoreCivic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCivic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CoreCivic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CoreCivic is a strong investment it is important to analyze CoreCivic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCivic's future performance. For an informed investment choice regarding CoreCivic Stock, refer to the following important reports:

How To Invest In CoreCivic

Details

Is CoreCivic Stock a good investment?

Details

What is CoreCivic's Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running CoreCivic's price analysis, check to measure CoreCivic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.

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Is CoreCivic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoreCivic. If investors know CoreCivic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoreCivic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.26)

Earnings Share

0.56

Revenue Per Share

17.126

Quarterly Revenue Growth

0.093

Return On Assets

0.0381

The market value of CoreCivic is measured differently than its book value, which is the value of CoreCivic that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCivic's value that differs from its market value or its book value, called intrinsic value, which is CoreCivic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoreCivic's market value can be influenced by many factors that don't directly affect CoreCivic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CoreCivic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCivic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCivic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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CoreCivic Non Current Liabilities Total vs Total Stockholder Equity Analysis

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Stockholder Equity

CoreCivic fundamental ratios Correlations

CoreCivic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CoreCivic fundamental ratios Accounts

CoreCivic Investors Sentiment

Pair Trading with CoreCivic

Moving together with CoreCivic Stock

Moving against CoreCivic Stock

Complementary Tools for CoreCivic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total

Common Stock	- 0.85	Retained Earnings
Common Stock Total Equity	- 0.75	Retained Earnings
Retained Earnings	- 0.67	Total Current Liabilities
Non Currrent Assets Other	- 0.63	Retained Earnings
Other Liab	- 0.6	Retained Earnings
Other Assets	- 0.59	Retained Earnings