Carnival Stock Working Capital

CCL Stock

USD 24.90 0.45 1.78%

Carnival fundamentals help investors to digest information that contributes to Carnival's financial success or failures. It also enables traders to predict the movement of Carnival Stock. The fundamental analysis module provides a way to measure Carnival's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carnival stock.

	Last Reported	Projected for Next Year
Net Working Capital	-7.1 B	-7.5 B
Change In Working Capital	1.8 B	1.8 B

Change In Working Capital is expected to rise to about 1.8 B this year, although the value of Net Working Capital will most likely fall to (7.5 B).

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Carnival Company Working Capital Analysis

Carnival's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Carnival Working Capital

(6.21 B)

Most of Carnival's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carnival is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Carnival Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Carnival is extremely important. It helps to project a fair market value of Carnival Stock properly, considering its historical fundamentals such as Working Capital. Since Carnival's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carnival's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carnival's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Good Will	Short Term Investments	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.15	0.77	-0.09	0.5	0.83	0.69	0.73	0.77	0.83	0.73	-0.14	-0.09	0.81	0.74	-0.78	0.88	-0.51	0.65	0.59	0.57	0.56	0.56	0.66	0.36	0.49
Total Stockholder Equity	0.15		-0.5	0.94	0.27	-0.43	-0.34	-0.04	0.59	-0.22	-0.12	0.9	-0.36	0.49	-0.55	0.09	0.19	0.72	-0.64	-0.63	-0.19	-0.16	-0.38	-0.39	-0.17	-0.43
Net Debt	0.77	-0.5		-0.69	0.33	0.99	0.76	0.6	0.29	0.89	0.76	-0.67	0.09	0.36	0.99	-0.7	0.62	-0.92	0.98	0.87	0.54	0.54	0.65	0.78	0.33	0.74
Retained Earnings	-0.09	0.94	-0.69		0.0	-0.62	-0.47	-0.17	0.38	-0.43	-0.29	0.9	-0.29	0.33	-0.72	0.14	0.04	0.86	-0.8	-0.7	-0.24	-0.1	-0.47	-0.51	-0.18	-0.59
Net Receivables	0.5	0.27	0.33	0.0		0.32	-0.03	-0.01	0.64	0.52	0.58	0.27	-0.44	0.52	0.24	-0.01	0.47	-0.27	0.22	0.1	-0.26	-0.2	-0.15	-0.03	-0.36	0.37
Total Liab	0.83	-0.43	0.99	-0.62	0.32		0.81	0.68	0.35	0.89	0.75	-0.64	0.11	0.43	0.99	-0.75	0.67	-0.88	0.96	0.86	0.61	0.58	0.7	0.82	0.39	0.71
Total Current Assets	0.69	-0.34	0.76	-0.47	-0.03	0.81		0.92	0.22	0.49	0.26	-0.67	0.38	0.33	0.83	-0.69	0.52	-0.55	0.78	0.78	0.91	0.52	0.97	0.95	0.85	0.4
Short Term Debt	0.73	-0.04	0.6	-0.17	-0.01	0.68	0.92		0.37	0.41	0.21	-0.42	0.36	0.47	0.66	-0.72	0.59	-0.31	0.58	0.6	0.95	0.56	0.91	0.87	0.84	0.27
Intangible Assets	0.77	0.59	0.29	0.38	0.64	0.35	0.22	0.37		0.5	0.49	0.45	-0.3	0.97	0.23	-0.4	0.83	-0.06	0.11	0.19	0.11	0.26	0.1	0.12	0.05	0.16
Accounts Payable	0.83	-0.22	0.89	-0.43	0.52	0.89	0.49	0.41	0.5		0.96	-0.34	-0.19	0.54	0.83	-0.68	0.72	-0.82	0.81	0.67	0.3	0.54	0.34	0.53	-0.02	0.74
Current Deferred Revenue	0.73	-0.12	0.76	-0.29	0.58	0.75	0.26	0.21	0.49	0.96		-0.17	-0.31	0.51	0.67	-0.61	0.67	-0.72	0.66	0.51	0.1	0.49	0.11	0.32	-0.25	0.69
Good Will	-0.14	0.9	-0.67	0.9	0.27	-0.64	-0.67	-0.42	0.45	-0.34	-0.17		-0.4	0.34	-0.74	0.36	0.01	0.74	-0.8	-0.74	-0.55	-0.34	-0.7	-0.72	-0.48	-0.51
Short Term Investments	-0.09	-0.36	0.09	-0.29	-0.44	0.11	0.38	0.36	-0.3	-0.19	-0.31	-0.4		-0.24	0.17	-0.06	-0.16	-0.11	0.17	0.19	0.48	0.07	0.48	0.33	0.46	-0.07
Common Stock	0.81	0.49	0.36	0.33	0.52	0.43	0.33	0.47	0.97	0.54	0.51	0.34	-0.24		0.31	-0.55	0.92	-0.11	0.19	0.34	0.25	0.43	0.21	0.22	0.17	0.16
Long Term Debt	0.74	-0.55	0.99	-0.72	0.24	0.99	0.83	0.66	0.23	0.83	0.67	-0.74	0.17	0.31		-0.7	0.57	-0.91	0.99	0.89	0.62	0.54	0.74	0.84	0.43	0.71
Treasury Stock	-0.78	0.09	-0.7	0.14	-0.01	-0.75	-0.69	-0.72	-0.4	-0.68	-0.61	0.36	-0.06	-0.55	-0.7		-0.75	0.48	-0.63	-0.65	-0.71	-0.91	-0.61	-0.69	-0.48	-0.33
Property Plant Equipment	0.88	0.19	0.62	0.04	0.47	0.67	0.52	0.59	0.83	0.72	0.67	0.01	-0.16	0.92	0.57	-0.75		-0.39	0.48	0.62	0.41	0.63	0.41	0.46	0.26	0.4
Net Tangible Assets	-0.51	0.72	-0.92	0.86	-0.27	-0.88	-0.55	-0.31	-0.06	-0.82	-0.72	0.74	-0.11	-0.11	-0.91	0.48	-0.39		-0.94	-0.82	-0.29	-0.38	-0.46	-0.58	-0.09	-0.74
Long Term Debt Total	0.65	-0.64	0.98	-0.8	0.22	0.96	0.78	0.58	0.11	0.81	0.66	-0.8	0.17	0.19	0.99	-0.63	0.48	-0.94		0.88	0.56	0.49	0.7	0.82	0.36	0.75
Capital Surpluse	0.59	-0.63	0.87	-0.7	0.1	0.86	0.78	0.6	0.19	0.67	0.51	-0.74	0.19	0.34	0.89	-0.65	0.62	-0.82	0.88		0.58	0.6	0.73	0.76	0.48	0.63
Short Long Term Debt	0.57	-0.19	0.54	-0.24	-0.26	0.61	0.91	0.95	0.11	0.3	0.1	-0.55	0.48	0.25	0.62	-0.71	0.41	-0.29	0.56	0.58		0.6	0.93	0.88	0.87	0.24
Long Term Investments	0.56	-0.16	0.54	-0.1	-0.2	0.58	0.52	0.56	0.26	0.54	0.49	-0.34	0.07	0.43	0.54	-0.91	0.63	-0.38	0.49	0.6	0.6		0.49	0.54	0.38	0.31
Cash And Equivalents	0.56	-0.38	0.65	-0.47	-0.15	0.7	0.97	0.91	0.1	0.34	0.11	-0.7	0.48	0.21	0.74	-0.61	0.41	-0.46	0.7	0.73	0.93	0.49		0.93	0.88	0.36
Net Invested Capital	0.66	-0.39	0.78	-0.51	-0.03	0.82	0.95	0.87	0.12	0.53	0.32	-0.72	0.33	0.22	0.84	-0.69	0.46	-0.58	0.82	0.76	0.88	0.54	0.93		0.75	0.56
Net Working Capital	0.36	-0.17	0.33	-0.18	-0.36	0.39	0.85	0.84	0.05	-0.02	-0.25	-0.48	0.46	0.17	0.43	-0.48	0.26	-0.09	0.36	0.48	0.87	0.38	0.88	0.75		-0.06
Capital Stock	0.49	-0.43	0.74	-0.59	0.37	0.71	0.4	0.27	0.16	0.74	0.69	-0.51	-0.07	0.16	0.71	-0.33	0.4	-0.74	0.75	0.63	0.24	0.31	0.36	0.56	-0.06

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Carnival

Working Capital Over Time

In accordance with the company's disclosures, Carnival has a Working Capital of (6.21 Billion). This is 204.0% lower than that of the Hotels, Restaurants & Leisure sector and significantly lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is significantly higher than that of the company.

Carnival Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carnival's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carnival could also be used in its relative valuation, which is a method of valuing Carnival by comparing valuation metrics of similar companies.

Carnival is currently under evaluation in working capital category among its peers.

Carnival ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Carnival's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Carnival's managers, analysts, and investors.

Environmental

Governance

Social

Carnival Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0425
	Profit Margin	0.06 %
	Operating Margin	0.28 %
	Current Valuation	62.16 B
	Shares Outstanding	1.15 B
	Shares Owned By Insiders	7.64 %
	Shares Owned By Institutions	62.52 %
	Number Of Shares Shorted	62.93 M
	Price To Earning	5.36 X
	Price To Book	3.89 X
	Price To Sales	1.36 X
	Revenue	21.59 B
	Gross Profit	10.7 B
	EBITDA	4.35 B
	Net Income	(74 M)
	Cash And Equivalents	4.03 B
	Cash Per Share	5.44 X
	Total Debt	31.89 B
	Debt To Equity	4.21 %
	Current Ratio	0.65 X
	Book Value Per Share	6.79 X
	Cash Flow From Operations	4.28 B
	Short Ratio	2.02 X
	Earnings Per Share	1.17 X
	Price To Earnings To Growth	1.41 X
	Target Price	24.91
	Number Of Employees	106 K
	Beta	2.67
	Market Capitalization	33.41 B
	Total Asset	49.12 B
	Retained Earnings	185 M
	Working Capital	(6.21 B)
	Current Asset	1.69 B
	Current Liabilities	7.07 B
	Five Year Return	4.22 %
	Net Asset	49.12 B

About Carnival Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carnival's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carnival using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carnival based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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:

How To Invest In Carnival

Details

Is Carnival Stock a good investment?

Details

What is Carnival's Net Worth?

Details

Largest Hotels, Resorts & Cruise Lines Companies

View

Largest Consumer Services Companies

View

Check out Carnival Piotroski F Score and Carnival Altman Z Score analysis.

For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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. 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

0.599

Earnings Share

1.17

Revenue Per Share

19.351

Quarterly Revenue Growth

0.152

Return On Assets

0.0425

The market value of Carnival 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.

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Carnival Stock Working Capital

Carnival Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current Carnival Working Capital

Carnival Working Capital Driver Correlations

Carnival Working Capital Peer Comparison

Carnival ESG Sustainability

Carnival Fundamentals

About Carnival Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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