Carnival Financial Statements From 2010 to 2024

CCL Stock  USD 16.34  0.85  4.94%   
Carnival financial statements provide useful quarterly and yearly information to potential Carnival investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Carnival financial statements helps investors assess Carnival's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Carnival's valuation are summarized below:
Gross Profit
10.7 B
Profit Margin
0.018
Market Capitalization
22.5 B
Enterprise Value Revenue
2.4217
Revenue
22.6 B
There are over one hundred nineteen available fundamental signals for Carnival, which can be analyzed over time and compared to other ratios. We recommend to validate Carnival's prevailing fundamental drivers against the all of the trends between 2010 and 2024.
Check Carnival financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carnival main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 2.5 B or Selling General Administrative of 3.6 B, as well as many exotic indicators such as Short Term Coverage Ratios of 3.87, Price To Sales Ratio of 0.96 or Dividend Yield of 9.0E-4. Carnival financial statements analysis is a perfect complement when working with Carnival Valuation or Volatility modules.
  
This module can also supplement Carnival's financial leverage analysis and stock options assessment as well as various Carnival Technical models . Check out the analysis of Carnival Correlation against competitors.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.

Carnival Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets59.3 B56.5 B43.3 B
Slightly volatile
Short and Long Term Debt Total38.5 B36.7 B18.9 B
Slightly volatile
Other Current Liabilities1.3 B2.3 B1.6 B
Slightly volatile
Total Current Liabilities13.9 B13.2 B8.7 B
Slightly volatile
Total Stockholder Equity13.4 B7.9 B17.4 B
Slightly volatile
Property Plant And Equipment Net50 B47.6 B35.2 B
Slightly volatile
Net Debt35.6 B33.9 B16.5 B
Slightly volatile
Retained Earnings202.1 M212.8 M13.1 B
Slightly volatile
Cash2.9 B2.8 B2.4 B
Slightly volatile
Non Current Assets Total53 B50.4 B39.2 B
Slightly volatile
Non Currrent Assets Other576.1 M833.8 M932.2 M
Slightly volatile
Cash And Short Term Investments2.9 B2.8 B2.4 B
Slightly volatile
Net Receivables671.4 M639.4 M440.9 M
Pretty Stable
Common Stock Shares Outstanding837.5 M1.5 B870 M
Slightly volatile
Liabilities And Stockholders Equity59.3 B56.5 B43.3 B
Slightly volatile
Non Current Liabilities Total37.1 B35.4 B17.5 B
Slightly volatile
Inventory637.6 M607.2 M396.3 M
Slightly volatile
Other Current Assets2.1 BB710 M
Slightly volatile
Other Stockholder Equity10 B9.5 B5.1 B
Slightly volatile
Total Liabilities51 B48.6 B26.2 B
Slightly volatile
Property Plant And Equipment Gross50 B47.6 B36.4 B
Slightly volatile
Total Current Assets6.4 B6.1 B4.1 B
Slightly volatile
Short Term Debt1.3 B2.6 B2.2 B
Slightly volatile
Intangible Assets1.1 B1.3 B1.2 B
Slightly volatile
Accounts Payable1.4 B1.3 B791.4 M
Slightly volatile
Current Deferred Revenue7.3 BBB
Slightly volatile
Good Will632.6 M665.9 M1.9 B
Slightly volatile
Common Stock Total Equity277.4 M428.9 M341.1 M
Slightly volatile
Common Stock281.9 M428.9 M341.4 M
Slightly volatile
Other Liabilities799.7 M1.3 B870.5 M
Slightly volatile
Long Term Debt34.4 B32.8 B16.2 B
Slightly volatile
Property Plant Equipment31.3 B47.6 B34.2 B
Slightly volatile
Net Tangible Assets4.4 B4.6 B15.3 B
Slightly volatile
Long Term Debt Total38.6 B36.7 B17.4 B
Slightly volatile
Capital Surpluse11.4 B19.4 B11.4 B
Slightly volatile
Non Current Liabilities Other977.4 M1.3 B933.8 M
Slightly volatile
Short and Long Term Debt2.7 B2.4 B2.2 B
Slightly volatile
Long Term Investments145.8 M280.6 M165.6 M
Slightly volatile
Cash And Equivalents3.9 B4.6 B2.7 B
Slightly volatile
Net Invested Capital43.5 B43.1 B37.6 B
Slightly volatile
Capital Stock407 M428.9 M374.1 M
Slightly volatile
Capital Lease Obligations1.1 B1.2 B1.4 B
Slightly volatile

Carnival Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.9 B2.7 BB
Slightly volatile
Selling General Administrative3.6 B3.4 B2.2 B
Slightly volatile
Total Revenue26.1 B24.8 B15.2 B
Slightly volatile
Other Operating Expenses23.7 B22.6 B14.7 B
Slightly volatile
Cost Of Revenue17.3 B16.5 B10.5 B
Slightly volatile
Total Operating Expenses6.4 B6.1 B4.1 B
Slightly volatile
Selling And Marketing Expenses2.1 B2.9 B2.2 B
Slightly volatile
Non Recurring506.4 M259.9 M568.2 M
Pretty Stable
Interest Income254.6 M267.9 M597.5 M
Very volatile
Reconciled Depreciation2.4 B2.7 B2.1 B
Slightly volatile

Carnival Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.3 B6.9 BB
Slightly volatile
Capital Expenditures2.5 B3.8 B3.1 B
Slightly volatile
End Period Cash Flow1.4 B2.8 B2.5 B
Slightly volatile
Stock Based Compensation68.3 M61 M66.3 M
Slightly volatile
Change To Netincome867.3 M767 M784.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.961.012.5437
Very volatile
Dividend Yield9.0E-49.0E-40.0214
Slightly volatile
Operating Cycle19.920.5726.996
Very volatile
Price Book Value Ratio2.663.182.1936
Pretty Stable
Days Of Payables Outstanding35.0234.2429.5718
Slightly volatile
Inventory Turnover20.2524.425.7711
Slightly volatile
Payables Turnover10.1311.0313.3681
Slightly volatile
Company Equity Multiplier6.746.423.3749
Slightly volatile
Long Term Debt To Capitalization0.770.730.4542
Slightly volatile
Cash Per Share1.061.722.371
Slightly volatile
Total Debt To Capitalization0.780.740.4856
Slightly volatile
Debt Equity Ratio4.384.171.7817
Slightly volatile
Quick Ratio0.420.30.3399
Slightly volatile
Net Income Per E B T0.781.070.9933
Very volatile
Cash Ratio0.350.240.2834
Slightly volatile
Days Of Inventory Outstanding11.7912.1114.149
Pretty Stable
Days Of Sales Outstanding8.118.4612.847
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.30.210.7469
Pretty Stable
Price To Book Ratio2.663.182.1936
Pretty Stable
Current Ratio0.580.530.4713
Slightly volatile
Fixed Asset Turnover0.610.60.4801
Slightly volatile
Debt Ratio0.610.580.4008
Slightly volatile
Price Sales Ratio0.961.012.5437
Very volatile
Receivables Turnover52.0944.6638.8475
Very volatile
Asset Turnover0.460.510.3947
Slightly volatile
Price Fair Value2.663.182.1936
Pretty Stable

Carnival Fundamental Market Drivers

Forward Price Earnings16.2075
Cash And Short Term Investments2.4 B

Carnival Upcoming Events

25th of March 2024
Upcoming Quarterly Report
View
24th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
19th of December 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
30th of November 2023
Last Financial Announcement
View

About Carnival Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carnival income statement, its balance sheet, and the statement of cash flows. Carnival investors use historical funamental indicators, such as Carnival's revenue or net income, to determine how well the company is positioned to perform in the future. Although Carnival investors may use each financial statement separately, they are all related. The changes in Carnival's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carnival's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carnival Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carnival. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred RevenueB7.3 B
Total Revenue24.8 B26.1 B
Cost Of Revenue16.5 B17.3 B
Ebit Per Revenue 0.10  0.11 

Carnival Investors Sentiment

The influence of Carnival'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 Carnival. 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 Carnival's public news can be used to forecast risks associated with an investment in Carnival. The trend in average sentiment can be used to explain how an investor holding Carnival can time the market purely based on public headlines and social activities around Carnival. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carnival'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 Carnival'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 Carnival's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carnival.

Carnival Implied Volatility

    
  44.02  
Carnival's implied volatility exposes the market's sentiment of Carnival stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carnival's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carnival stock will not fluctuate a lot when Carnival's options are near their expiration.
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 Carnival 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, Carnival's short interest history, or implied volatility extrapolated from Carnival options trading.

Pair Trading with Carnival

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 Carnival 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 Carnival will appreciate offsetting losses from the drop in the long position's value.

Moving against Carnival Stock

  0.49DKNG DraftKings Financial Report 2nd of May 2024 PairCorr
  0.46WING Wingstop Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival 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 Carnival - 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 Carnival to buy it.
The correlation of Carnival 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 Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival 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 Carnival 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 CorrelationCorrelation Matching
When determining whether Carnival is a strong investment it is important to analyze Carnival'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 Carnival's future performance. For an informed investment choice regarding Carnival Stock, refer to the following important reports:
Check out the analysis of Carnival Correlation against competitors.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.
Note that the Carnival information on this page should be used as a complementary analysis to other Carnival's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Carnival Stock analysis

When running Carnival's price analysis, check to measure Carnival'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 Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.
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Is Carnival'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 Carnival. If investors know Carnival 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 Carnival 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
(0.14)
Earnings Share
0.32
Revenue Per Share
17.868
Quarterly Revenue Growth
0.22
Return On Assets
0.0294
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival'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 Carnival's market value can be influenced by many factors that don't directly affect Carnival'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 Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival'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.