Corrections Corporation of America (CXW)

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37.60 -1.31  -3.37%   NYSE May 22, 4:59PM BATS Real time Currency in USD

Corrections Corporation of America Interest Expense:

13.02M for Dec. 31, 2012
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Corrections Corporation of America Interest Expense Chart

    Corrections Corporation of America Historical Interest Expense Data

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    Dec. 31, 2012 13.02M
    Sept. 30, 2012 13.72M
    June 30, 2012 14.73M
    March 31, 2012 16.89M
    Dec. 31, 2011 18.12M
    Sept. 30, 2011 18.06M
    June 30, 2011 18.36M
    March 31, 2011 18.40M
    Dec. 31, 2010 0.00
    Sept. 30, 2010 0.00
    June 30, 2010 17.30M
    March 31, 2010 17.27M
    Dec. 31, 2009 18.46M
    Sept. 30, 2009 19.14M
    June 30, 2009 19.30M
    March 31, 2009 18.50M
    Dec. 31, 2008 17.40M
    Sept. 30, 2008 15.90M
    June 30, 2008 14.70M
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    About Interest Expense

    When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.

    A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.

    YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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    CXW Interest Expense Benchmarks

    Companies
    Geo Group 20.16M
    Heartland Payment Systems 1.234M
    FTI Consulting 13.12M

    CXW Interest Expense Rankings

    Overall 42nd percentile
    4641 of 8005
    Sector 20th percentile
    713 of 893 in Industrials
    Industry 14th percentile
    175 of 205 in Business Services

    CXW Interest Expense Range, Past 5 Years

    Minimum 0.00 Sep 2010
    Maximum 19.30M Jun 2009
    Average 15.23M