Carnival Corporation & Balance Sheet Health
Financial Health criteria checks 1/6
Carnival & has a total shareholder equity of $6.2B and total debt of $35.2B, which brings its debt-to-equity ratio to 569.8%. Its total assets and total liabilities are $52.0B and $45.8B respectively.
Key information
569.8%
Debt to equity ratio
US$35.15b
Debt
Interest coverage ratio | n/a |
Cash | US$5.46b |
Equity | US$6.17b |
Total liabilities | US$45.82b |
Total assets | US$51.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUK N's short term assets ($7.1B) do not cover its short term liabilities ($11.1B).
Long Term Liabilities: CUK N's short term assets ($7.1B) do not cover its long term liabilities ($34.7B).
Debt to Equity History and Analysis
Debt Level: CUK N's net debt to equity ratio (481.3%) is considered high.
Reducing Debt: CUK N's debt to equity ratio has increased from 39.3% to 569.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CUK N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CUK N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.