Carnival Corporation & Balance Sheet Health
Financial Health criteria checks 1/6
Carnival & has a total shareholder equity of $9.3B and total debt of $27.5B, which brings its debt-to-equity ratio to 297%. Its total assets and total liabilities are $49.1B and $39.8B respectively. Carnival &'s EBIT is $3.6B making its interest coverage ratio 2.1. It has cash and short-term investments of $1.2B.
Key information
297.0%
Debt to equity ratio
US$27.47b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$1.21b |
| Equity | US$9.25b |
| Total liabilities | US$39.81b |
| Total assets | US$49.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POH3's short term assets ($3.4B) do not cover its short term liabilities ($11.6B).
Long Term Liabilities: POH3's short term assets ($3.4B) do not cover its long term liabilities ($28.2B).
Debt to Equity History and Analysis
Debt Level: POH3's net debt to equity ratio (283.9%) is considered high.
Reducing Debt: POH3's debt to equity ratio has increased from 45.4% to 297% over the past 5 years.
Debt Coverage: POH3's debt is well covered by operating cash flow (21.6%).
Interest Coverage: POH3's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:54 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carnival Corporation & plc is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Brandt Montour | Barclays |