CCL Stock | | | 1,788 23.00 1.27% |
Carnival PLC financial indicator trend analysis is way more than just evaluating Carnival PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carnival PLC is a good investment. Please check the relationship between Carnival PLC Current Deferred Revenue and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Current Deferred Revenue vs Other Stockholder Equity
Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carnival PLC Current Deferred Revenue account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Carnival PLC's Current Deferred Revenue and Other Stockholder Equity is 0.53. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Carnival PLC, assuming nothing else is changed. The correlation between historical values of Carnival PLC's Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Carnival PLC are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Carnival PLC's Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Other Stockholder Equity
Most indicators from Carnival PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carnival PLC 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Carnival PLC's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
Carnival PLC fundamental ratios Correlations
Click cells to compare fundamentals
Carnival PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carnival PLC fundamental ratios Accounts
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Other Information on Investing in Carnival Stock
Balance Sheet is a snapshot of the
financial position of Carnival PLC at a specified time, usually calculated after every quarter, six months, or one year. Carnival PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Carnival PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Carnival currently owns. An asset can also be divided into two categories, current and non-current.