Royal Net Debt vs Net Working Capital Analysis

RCL Stock

USD 140.59 3.12 2.27%

Royal Caribbean financial indicator trend analysis is much more than just breaking down Royal Caribbean Cruises prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Caribbean Cruises is a good investment. Please check the relationship between Royal Caribbean Net Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Caribbean Cruises Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Royal Caribbean's Net Debt and Net Working Capital is -0.4. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Royal Caribbean Cruises, assuming nothing else is changed. The correlation between historical values of Royal Caribbean's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Royal Caribbean Cruises are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Royal Caribbean's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

Most indicators from Royal Caribbean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Caribbean Cruises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Sales General And Administrative To Revenue is expected to rise to 0.16 this year, although the value of Selling General Administrative will most likely fall to about 1.1 B.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.7B	3.0B	1.8B	1.6B
Cost Of Revenue	2.7B	6.6B	9.2B	9.7B

Total Operating Expenses Cost Of Revenue

Royal Caribbean fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Current Deferred Revenue
Total Assets		0.91	0.87	0.91	0.18	0.99	0.91	-0.15	0.89	0.5	0.99	0.9	0.5	0.72	0.78	0.89	0.85	0.77	0.78	0.93	0.63	0.65	0.26	0.85	0.55	0.85
Short Long Term Debt Total	0.91		0.8	0.83	-0.24	0.88	0.99	-0.54	0.84	0.66	0.87	0.79	0.66	0.66	0.68	1.0	0.79	0.69	0.92	0.99	0.75	0.49	0.32	0.71	0.4	0.82
Other Current Liab	0.87	0.8		0.9	0.03	0.89	0.84	-0.23	0.86	0.26	0.88	0.79	0.26	0.66	0.73	0.79	0.82	0.79	0.71	0.86	0.41	0.5	0.13	0.73	0.36	0.87
Total Current Liabilities	0.91	0.83	0.9		0.05	0.93	0.88	-0.23	0.98	0.23	0.93	0.86	0.23	0.65	0.69	0.8	0.9	0.92	0.7	0.89	0.39	0.67	0.22	0.69	0.57	0.97
Total Stockholder Equity	0.18	-0.24	0.03	0.05		0.21	-0.23	0.92	-0.03	-0.2	0.22	0.19	-0.2	0.12	0.18	-0.27	0.0	-0.01	-0.35	-0.19	-0.15	0.33	-0.14	0.32	0.29	-0.08
Property Plant And Equipment Net	0.99	0.88	0.89	0.93	0.21		0.9	-0.13	0.91	0.41	1.0	0.89	0.42	0.71	0.8	0.86	0.87	0.8	0.76	0.92	0.55	0.63	0.22	0.85	0.51	0.88
Net Debt	0.91	0.99	0.84	0.88	-0.23	0.9		-0.54	0.9	0.56	0.89	0.81	0.56	0.66	0.71	0.99	0.85	0.76	0.92	1.0	0.67	0.48	0.31	0.71	0.4	0.88
Retained Earnings	-0.15	-0.54	-0.23	-0.23	0.92	-0.13	-0.54		-0.34	-0.35	-0.11	-0.12	-0.35	-0.11	-0.12	-0.57	-0.32	-0.25	-0.67	-0.49	-0.34	0.18	-0.2	0.01	0.19	-0.35
Accounts Payable	0.89	0.84	0.86	0.98	-0.03	0.91	0.9	-0.34		0.2	0.91	0.87	0.2	0.6	0.7	0.82	0.95	0.95	0.77	0.9	0.35	0.56	0.24	0.66	0.5	0.99
Cash	0.5	0.66	0.26	0.23	-0.2	0.41	0.56	-0.35	0.2		0.41	0.36	1.0	0.41	0.29	0.67	0.13	-0.03	0.56	0.57	0.97	0.33	0.25	0.43	0.26	0.15
Non Current Assets Total	0.99	0.87	0.88	0.93	0.22	1.0	0.89	-0.11	0.91	0.41		0.91	0.41	0.71	0.79	0.85	0.87	0.81	0.75	0.91	0.55	0.65	0.24	0.85	0.55	0.88
Non Currrent Assets Other	0.9	0.79	0.79	0.86	0.19	0.89	0.81	-0.12	0.87	0.36	0.91		0.36	0.63	0.71	0.77	0.86	0.82	0.67	0.83	0.5	0.61	0.34	0.75	0.67	0.81
Cash And Short Term Investments	0.5	0.66	0.26	0.23	-0.2	0.42	0.56	-0.35	0.2	1.0	0.41	0.36		0.41	0.29	0.67	0.13	-0.03	0.56	0.57	0.97	0.33	0.25	0.43	0.26	0.15
Net Receivables	0.72	0.66	0.66	0.65	0.12	0.71	0.66	-0.11	0.6	0.41	0.71	0.63	0.41		0.87	0.64	0.63	0.47	0.59	0.67	0.6	0.71	0.11	0.88	0.4	0.55
Common Stock Shares Outstanding	0.78	0.68	0.73	0.69	0.18	0.8	0.71	-0.12	0.7	0.29	0.79	0.71	0.29	0.87		0.68	0.77	0.58	0.73	0.71	0.48	0.54	0.04	0.96	0.25	0.63
Non Current Liabilities Total	0.89	1.0	0.79	0.8	-0.27	0.86	0.99	-0.57	0.82	0.67	0.85	0.77	0.67	0.64	0.68		0.78	0.66	0.94	0.98	0.75	0.42	0.31	0.7	0.34	0.8
Inventory	0.85	0.79	0.82	0.9	0.0	0.87	0.85	-0.32	0.95	0.13	0.87	0.86	0.13	0.63	0.77	0.78		0.92	0.78	0.85	0.29	0.46	0.25	0.71	0.4	0.91
Other Current Assets	0.77	0.69	0.79	0.92	-0.01	0.8	0.76	-0.25	0.95	-0.03	0.81	0.82	-0.03	0.47	0.58	0.66	0.92		0.59	0.77	0.13	0.47	0.36	0.52	0.55	0.95
Other Stockholder Equity	0.78	0.92	0.71	0.7	-0.35	0.76	0.92	-0.67	0.77	0.56	0.75	0.67	0.56	0.59	0.73	0.94	0.78	0.59		0.91	0.64	0.26	0.19	0.68	0.11	0.72
Total Liab	0.93	0.99	0.86	0.89	-0.19	0.92	1.0	-0.49	0.9	0.57	0.91	0.83	0.57	0.67	0.71	0.98	0.85	0.77	0.91		0.68	0.51	0.3	0.73	0.43	0.88
Total Current Assets	0.63	0.75	0.41	0.39	-0.15	0.55	0.67	-0.34	0.35	0.97	0.55	0.5	0.97	0.6	0.48	0.75	0.29	0.13	0.64	0.68		0.49	0.27	0.6	0.37	0.29
Short Term Debt	0.65	0.49	0.5	0.67	0.33	0.63	0.48	0.18	0.56	0.33	0.65	0.61	0.33	0.71	0.54	0.42	0.46	0.47	0.26	0.51	0.49		0.16	0.62	0.76	0.51
Intangible Assets	0.26	0.32	0.13	0.22	-0.14	0.22	0.31	-0.2	0.24	0.25	0.24	0.34	0.25	0.11	0.04	0.31	0.25	0.36	0.19	0.3	0.27	0.16		0.06	0.63	0.23
Common Stock	0.85	0.71	0.73	0.69	0.32	0.85	0.71	0.01	0.66	0.43	0.85	0.75	0.43	0.88	0.96	0.7	0.71	0.52	0.68	0.73	0.6	0.62	0.06		0.35	0.6
Good Will	0.55	0.4	0.36	0.57	0.29	0.51	0.4	0.19	0.5	0.26	0.55	0.67	0.26	0.4	0.25	0.34	0.4	0.55	0.11	0.43	0.37	0.76	0.63	0.35		0.47
Current Deferred Revenue	0.85	0.82	0.87	0.97	-0.08	0.88	0.88	-0.35	0.99	0.15	0.88	0.81	0.15	0.55	0.63	0.8	0.91	0.95	0.72	0.88	0.29	0.51	0.23	0.6	0.47

Click cells to compare fundamentals

Royal Caribbean Account Relationship Matchups

Royal Caribbean fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.3B	32.5B	32.3B	33.8B	35.1B	36.9B
Short Long Term Debt Total	11.7B	20.0B	21.7B	24.0B	22.1B	23.2B
Other Current Liab	1.2B	925.1M	1.3B	1.6B	1.5B	1.6B
Total Current Liabilities	8.0B	4.5B	7.3B	8.6B	9.4B	9.9B
Total Stockholder Equity	12.2B	8.8B	5.1B	2.9B	4.7B	6.0B
Property Plant And Equipment Net	26.2B	25.8B	26.5B	28.1B	30.7B	32.3B
Net Debt	11.5B	16.3B	19.0B	22.1B	21.6B	22.7B
Retained Earnings	11.5B	5.6B	302.3M	(1.7B)	(10M)	(9.5M)
Accounts Payable	563.7M	353.4M	546.0M	646.7M	792M	831.6M
Cash	243.7M	3.7B	2.7B	1.9B	497M	493.6M
Non Current Assets Total	29.2B	28.2B	28.7B	30.6B	33.3B	35.0B
Non Currrent Assets Other	1.6B	1.5B	1.4B	1.7B	1.8B	1.9B
Cash And Short Term Investments	243.7M	3.7B	2.7B	1.9B	522M	510.0M
Net Receivables	305.8M	284.1M	408.1M	531.1M	405M	207.7M
Common Stock Shares Outstanding	209.9M	214.3M	251.8M	255.0M	283M	215.9M
Liabilities And Stockholders Equity	30.3B	32.5B	32.3B	33.8B	35.1B	36.9B
Non Current Liabilities Total	9.6B	19.2B	19.9B	22.3B	20.8B	21.9B
Inventory	162.1M	118.7M	150.2M	224.0M	248M	260.4M
Other Current Assets	429.2M	154.3M	286.0M	455.8M	617M	647.9M
Other Stockholder Equity	1.4B	3.9B	5.5B	5.2B	5.4B	5.7B
Total Liab	17.6B	23.7B	27.2B	30.9B	30.2B	31.7B
Total Current Assets	1.2B	4.3B	3.6B	3.2B	1.8B	1.0B
Short Term Debt	2.7B	1.5B	2.3B	2.2B	1.8B	957.9M
Intangible Assets	488.6M	444.9M	434.6M	426.4M	418M	448.8M
Common Stock	2.4M	2.7M	2.8M	2.8M	3M	2.3M
Good Will	1.4B	809.5M	809.4M	809.3M	809M	636.7M
Current Deferred Revenue	3.4B	1.8B	3.2B	4.2B	5.3B	5.6B
Other Assets	1.1B	2.1B	1.4B	1.7B	1.9B	988.4M
Long Term Debt	8.4B	18.0B	18.8B	21.3B	19.7B	20.7B
Treasury Stock	(2.0B)	(2.1B)	(2.1B)	(2.1B)	(1.9B)	(1.8B)
Property Plant Equipment	25.5B	25.2B	26.5B	28.1B	32.3B	18.3B
Other Liab	553.6M	645.6M	534.7M	507.6M	583.7M	464.7M
Accumulated Other Comprehensive Income	(797.7M)	(739.3M)	(710.9M)	(643.2M)	(674M)	(640.3M)
Common Stock Total Equity	2.4M	2.7M	2.8M	2.8M	3.3M	2.5M
Property Plant And Equipment Gross	26.2B	25.8B	26.5B	28.1B	44.5B	46.8B
Short Term Investments	21.8M	70.1M	54.2M	25M	22.5M	37.8M
Net Tangible Assets	11.3B	8.0B	4.3B	2.1B	1.9B	1.8B
Retained Earnings Total Equity	11.5B	5.6B	302.3M	(1.7B)	(1.5B)	(1.5B)
Long Term Debt Total	8.4B	18.0B	18.8B	21.3B	24.5B	25.7B
Capital Surpluse	3.5B	6.0B	7.6B	7.3B	8.4B	4.6B

Royal Caribbean Investors Sentiment

The influence of Royal Caribbean'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 Royal. 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 Royal Caribbean's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Caribbean Cruises. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Royal Caribbean'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 Royal Caribbean'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 Royal Caribbean's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Royal Caribbean.

Royal Caribbean Implied Volatility

35.08

Royal Caribbean's implied volatility exposes the market's sentiment of Royal Caribbean Cruises stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Royal Caribbean'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 Royal Caribbean stock will not fluctuate a lot when Royal Caribbean'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 Royal Caribbean 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, Royal Caribbean's short interest history, or implied volatility extrapolated from Royal Caribbean options trading.

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When determining whether Royal Caribbean Cruises is a strong investment it is important to analyze Royal Caribbean'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 Royal Caribbean's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:

How To Invest In Royal

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Is Royal Stock a good investment?

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What is Royal Caribbean's Net Worth?

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Largest Hotels, Resorts & Cruise Lines Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Royal Caribbean Cruises information on this page should be used as a complementary analysis to other Royal Caribbean'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Royal Caribbean's price analysis, check to measure Royal Caribbean'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 Royal Caribbean is operating at the current time. Most of Royal Caribbean's value examination focuses on studying past and present price action to predict the probability of Royal Caribbean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Caribbean's price. Additionally, you may evaluate how the addition of Royal Caribbean to your portfolios can decrease your overall portfolio volatility.

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Is Royal Caribbean'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 Royal Caribbean. If investors know Royal 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 Royal Caribbean 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

27.254

Earnings Share

7.85

Revenue Per Share

57.474

Quarterly Revenue Growth

0.292

Return On Assets

0.0621

The market value of Royal Caribbean Cruises is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Caribbean's value that differs from its market value or its book value, called intrinsic value, which is Royal Caribbean'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 Royal Caribbean's market value can be influenced by many factors that don't directly affect Royal Caribbean'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 Royal Caribbean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Caribbean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Caribbean'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.

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Royal Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

Royal Caribbean fundamental ratios Correlations

Royal Caribbean Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Royal Caribbean fundamental ratios Accounts

Royal Caribbean Investors Sentiment

Royal Caribbean Implied Volatility

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.67	Retained Earnings
Non Current Liabilities Total	- 0.57	Retained Earnings
Retained Earnings	- 0.54	Net Debt
Retained Earnings	- 0.54	Short Long Term Debt Total
Total Liab	- 0.49	Retained Earnings
Current Deferred Revenue	- 0.35	Retained Earnings