Carnival Return On Tangible Assets from 2010 to 2024

CUK Stock  USD 22.60  0.25  1.09%   
Carnival Plc Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above -0.0017 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0)
Current Value
(0)
Quarterly Volatility
0.10378805
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Carnival Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carnival Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Total Revenue of 26.1 B or Gross Profit of 8.8 B, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.042 or PTB Ratio of 2.66. Carnival financial statements analysis is a perfect complement when working with Carnival Plc Valuation or Volatility modules.
  
Check out the analysis of Carnival Plc Correlation against competitors.

Latest Carnival Plc's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Carnival Plc ADS over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Carnival Plc's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carnival Plc's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Carnival Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.04
Coefficient Of Variation1,154
Mean Deviation0.08
Median0.04
Standard Deviation0.10
Sample Variance0.01
Range0.3834
R-Value(0.55)
Mean Square Error0.01
R-Squared0.30
Significance0.03
Slope(0.01)
Total Sum of Squares0.15

Carnival Return On Tangible Assets History

2024 -0.001707
2023 -0.001796
2022 -0.001562
2021 -0.12
2020 -0.18
2019 -0.2
2018 0.073

About Carnival Plc Financial Statements

Carnival Plc investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Carnival Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year

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When determining whether Carnival Plc ADS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Carnival Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carnival Plc Ads Stock. Highlighted below are key reports to facilitate an investment decision about Carnival Plc Ads Stock:
Check out the analysis of Carnival Plc Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Hotels, Resorts & Cruise Lines space 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 Plc. 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 Plc 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
0.599
Earnings Share
1.17
Revenue Per Share
19.351
Quarterly Revenue Growth
0.152
Return On Assets
0.0425
The market value of Carnival Plc ADS 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 Plc's value that differs from its market value or its book value, called intrinsic value, which is Carnival Plc'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 Plc's market value can be influenced by many factors that don't directly affect Carnival Plc'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 Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival Plc'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.