Royal Caribbean Cruises Balance Sheet Health
Financial Health criteria checks 1/6
Royal Caribbean Cruises has a total shareholder equity of $5.3B and total debt of $20.2B, which brings its debt-to-equity ratio to 378.5%. Its total assets and total liabilities are $35.2B and $29.9B respectively. Royal Caribbean Cruises's EBIT is $3.4B making its interest coverage ratio 2.3. It has cash and short-term investments of $437.0M.
Key information
378.5%
Debt to equity ratio
US$20.16b
Debt
Interest coverage ratio | 2.3x |
Cash | US$437.00m |
Equity | US$5.33b |
Total liabilities | US$29.87b |
Total assets | US$35.19b |
Recent financial health updates
Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 08Royal Caribbean Cruises (NYSE:RCL) Has A Somewhat Strained Balance Sheet
Oct 09Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Jul 10Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 10Health Check: How Prudently Does Royal Caribbean Cruises (NYSE:RCL) Use Debt?
Dec 19Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Sep 05Recent updates
Unpleasant Surprises Could Be In Store For Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Shares
Jun 26Royal Caribbean: Smooth Operator, Shrewd Profiteer
Jun 24Royal Caribbean Cruises: Estimated Earnings Already Priced In
Jun 14Royal Caribbean Cruises (NYSE:RCL) Might Have The Makings Of A Multi-Bagger
Jun 08Royal Caribbean Keeps Delivering - Fade The Rally Before Adding
May 02Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 08Royal Caribbean: Cruising To New Heights - Robust EBITDA Margins Ahead
Feb 16A Look At The Fair Value Of Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 17Royal Caribbean: Not Gloomy, Not Bright (Rating Downgrade)
Jan 17Royal Caribbean: Risks Are Growing (Rating Downgrade)
Jan 11Revenues Not Telling The Story For Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 02Returns At Royal Caribbean Cruises (NYSE:RCL) Appear To Be Weighed Down
Dec 18Royal Caribbean Cruises: Finally A Buy Here - Improved Upside Through FY2025
Nov 19Royal Caribbean: Cruising Back Pass The Recent Highs
Oct 10Royal Caribbean Cruises (NYSE:RCL) Has A Somewhat Strained Balance Sheet
Oct 09Royal Caribbean: Sailing Far Away From Fundamental Value
Sep 18Capital Allocation Trends At Royal Caribbean Cruises (NYSE:RCL) Aren't Ideal
Sep 18Royal Caribbean: The Rally May Continue
Aug 18Royal Caribbean: Race Day
Jul 28Royal Caribbean: Sailing Far From Its Fundamentals
Jul 12Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Jul 10Returns On Capital At Royal Caribbean Cruises (NYSE:RCL) Paint A Concerning Picture
Jun 19Royal Caribbean Stock: Short-Term Upside To Pre-Pandemic Levels
Jun 14An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 33% Undervalued
May 06Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 10Royal Caribbean: Again Today Leisure Industry's Best Nearby Cap-Gain Prospect
Feb 21Royal Caribbean Cruises launches $700M debt offering
Feb 08Royal Caribbean: Big Opportunity Amid Return To Profitability
Feb 02Royal Caribbean amends, extends 2 credit facilities
Jan 12Are Investors Undervaluing Royal Caribbean Cruises Ltd. (NYSE:RCL) By 28%?
Jan 09Health Check: How Prudently Does Royal Caribbean Cruises (NYSE:RCL) Use Debt?
Dec 19Royal Caribbean signs sustainable shipbuilding agreement with Finland
Dec 14Royal Caribbean: Recession May Sink Demand And Profitability
Nov 02Royal Caribbean: Covid Is Over
Sep 21Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Sep 05Royal Caribbean Stock: Smooth Sailing Ahead Despite Macroeconomic, Debt Fears
Aug 22Royal Caribbean to raise $1B in senior notes offering
Aug 15An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 50% Undervalued
Aug 09Royal Caribbean Cruises tops Q2 expectation but sees Q3 EPS below consensus
Jul 28Royal Caribbean: Diligently Navigating Their Comeback
Jul 05Royal Caribbean: Inflection Point
May 24Is Royal Caribbean Cruises (NYSE:RCL) Using Debt Sensibly?
Apr 22A Look At The Fair Value Of Royal Caribbean Cruises Ltd. (NYSE:RCL)
Apr 01Royal Caribbean Stock Forecast: What To Watch For In 2022
Mar 16Royal Caribbean: Trouble In Paradise
Mar 10Financial Position Analysis
Short Term Liabilities: RCL's short term assets ($1.9B) do not cover its short term liabilities ($9.9B).
Long Term Liabilities: RCL's short term assets ($1.9B) do not cover its long term liabilities ($20.0B).
Debt to Equity History and Analysis
Debt Level: RCL's net debt to equity ratio (370.3%) is considered high.
Reducing Debt: RCL's debt to equity ratio has increased from 86.3% to 378.5% over the past 5 years.
Debt Coverage: RCL's debt is well covered by operating cash flow (22.3%).
Interest Coverage: RCL's interest payments on its debt are not well covered by EBIT (2.3x coverage).