Carnival Other Current Assets vs Total Current Assets Analysis

CCL Stock   2,099  83.00  4.12%   
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 Other Current Assets and its Total Current Assets 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 industry.

Other Current Assets vs Total Current Assets

Other Current Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnival PLC Other Current Assets account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Carnival PLC's Other Current Assets and Total Current Assets is 0.34. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Assets 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 Other Current Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Carnival PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Assets i.e., Carnival PLC's Other Current Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 industry.
The current year's Selling General Administrative is expected to grow to about 3.9 B, whereas Tax Provision is projected to grow to (855 K).
 2022 2023 2024 2025 (projected)
Total Revenue21.6B25.0B28.8B30.2B
Depreciation And Amortization2.4B2.6B2.9B3.1B

Carnival PLC fundamental ratios Correlations

0.780.380.920.150.970.76-0.080.440.980.510.440.520.610.760.860.550.680.820.560.590.80.820.71-0.15-0.02
0.780.220.82-0.50.750.98-0.660.590.680.560.590.280.771.00.650.650.820.990.720.550.30.810.64-0.72-0.19
0.380.220.40.150.350.20.150.20.370.260.210.040.270.20.370.060.010.250.230.40.340.260.270.080.33
0.920.820.4-0.080.970.87-0.280.230.940.310.230.560.720.830.950.630.680.890.380.370.640.960.9-0.31-0.13
0.15-0.50.15-0.080.13-0.520.95-0.170.23-0.08-0.170.18-0.44-0.520.07-0.32-0.36-0.44-0.240.070.59-0.24-0.170.910.34
0.970.750.350.970.130.78-0.110.250.990.340.250.620.650.750.940.560.660.820.390.420.790.90.83-0.14-0.11
0.760.980.20.87-0.520.78-0.690.40.710.440.40.40.810.990.740.70.830.990.560.380.310.890.77-0.69-0.3
-0.08-0.660.15-0.280.95-0.11-0.69-0.22-0.01-0.15-0.22-0.07-0.58-0.69-0.15-0.37-0.62-0.62-0.310.010.37-0.43-0.330.910.52
0.440.590.20.23-0.170.250.4-0.220.230.741.0-0.290.230.52-0.020.130.370.490.960.920.090.07-0.16-0.480.35
0.980.680.370.940.230.990.71-0.010.230.360.230.630.60.680.930.530.630.760.370.420.840.860.79-0.03-0.08
0.510.560.260.31-0.080.340.44-0.150.740.360.74-0.110.30.520.120.450.440.50.820.750.290.19-0.02-0.250.15
0.440.590.210.23-0.170.250.4-0.221.00.230.74-0.30.230.52-0.020.130.370.490.960.920.090.07-0.16-0.480.35
0.520.280.040.560.180.620.4-0.07-0.290.63-0.11-0.30.420.320.740.160.530.37-0.16-0.150.620.580.630.15-0.58
0.610.770.270.72-0.440.650.81-0.580.230.60.30.230.420.790.650.520.740.80.420.270.40.770.68-0.5-0.38
0.761.00.20.83-0.520.750.99-0.690.520.680.520.520.320.790.670.670.830.990.660.480.290.840.68-0.73-0.24
0.860.650.370.950.070.940.74-0.15-0.020.930.12-0.020.740.650.670.570.610.750.150.180.720.930.93-0.09-0.26
0.550.650.060.63-0.320.560.7-0.370.130.530.450.130.160.520.670.570.450.680.340.180.240.70.63-0.38-0.11
0.680.820.010.68-0.360.660.83-0.620.370.630.440.370.530.740.830.610.450.820.510.320.450.710.56-0.49-0.6
0.820.990.250.89-0.440.820.99-0.620.490.760.50.490.370.80.990.750.680.820.630.480.380.880.75-0.66-0.22
0.560.720.230.38-0.240.390.56-0.310.960.370.820.96-0.160.420.660.150.340.510.630.920.20.250.01-0.520.23
0.590.550.40.370.070.420.380.010.920.420.750.92-0.150.270.480.180.180.320.480.920.340.16-0.05-0.260.44
0.80.30.340.640.590.790.310.370.090.840.290.090.620.40.290.720.240.450.380.20.340.530.490.42-0.05
0.820.810.260.96-0.240.90.89-0.430.070.860.190.070.580.770.840.930.70.710.880.250.160.530.96-0.38-0.3
0.710.640.270.9-0.170.830.77-0.33-0.160.79-0.02-0.160.630.680.680.930.630.560.750.01-0.050.490.96-0.25-0.32
-0.15-0.720.08-0.310.91-0.14-0.690.91-0.48-0.03-0.25-0.480.15-0.5-0.73-0.09-0.38-0.49-0.66-0.52-0.260.42-0.38-0.250.18
-0.02-0.190.33-0.130.34-0.11-0.30.520.35-0.080.150.35-0.58-0.38-0.24-0.26-0.11-0.6-0.220.230.44-0.05-0.3-0.320.18
Click cells to compare fundamentals

Carnival PLC Account Relationship Matchups

Carnival PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets53.3B51.7B49.1B48.3B55.5B58.3B
Short Long Term Debt Total34.6B35.9B31.9B28.9B33.2B34.9B
Other Current Liab4.8B1.9B2.0B2.4B2.7B1.7B
Total Current Liabilities10.4B10.6B11.5B11.6B13.4B14.0B
Total Stockholder Equity12.1B7.1B6.9B9.3B10.6B13.3B
Property Plant And Equipment Net39.4B40.0B41.4B43.2B49.6B52.1B
Net Debt25.7B31.9B29.5B27.7B31.8B33.4B
Retained Earnings6.4B269M185M2.1B2.4B2.3B
Cash8.9B4.0B2.4B1.2B1.4B1.2B
Non Current Assets Total43.2B44.2B43.9B45.7B52.5B55.2B
Non Currrent Assets Other2.0B2.5B576M589M677.4M573.8M
Cash And Short Term Investments9.1B4.0B2.4B1.2B1.4B1.2B
Net Receivables246M395M556M590M678.5M712.4M
Common Stock Shares Outstanding1.1B1.2B1.3B1.4B1.6B806.6M
Liabilities And Stockholders Equity53.3B51.7B49.1B48.3B55.5B58.3B
Non Current Liabilities Total30.8B34.0B30.8B28.2B32.4B34.0B
Inventory356M428M528M507M583.1M612.2M
Other Current Assets392M2.6B1.8B1.1B1.2B1.3B
Other Stockholder Equity6.8B8.4B8.3B6.8B7.8B8.2B
Total Liab41.2B44.6B42.2B39.0B44.9B47.1B
Total Current Assets10.1B7.5B5.3B3.4B3.9B2.1B
Accumulated Other Comprehensive Income(1.5B)(2.0B)(1.9B)(2.0B)(1.8B)(1.7B)
Short Term Debt4.9B2.7B2.2B1.7B2.0B1.4B
Intangible Assets1.2B1.2B1.2B1.2B1.3B1.2B
Accounts Payable797M1.1B1.2B1.1B1.3B1.4B
Current Deferred Revenue3.1B4.9B6.1B6.4B7.4B7.8B
Property Plant And Equipment Gross57.3B40.0B41.4B65.3B75.0B78.8B
Other Liab944M1.0B891M1.1B1.3B862.9M
Other Assets1.8B2.4B725M(775M)(891.3M)(846.7M)
Long Term Debt28.5B32.0B28.5B25.9B29.8B31.3B
Property Plant Equipment39.4B39.4B40.0B41.4B47.6B34.5B
Net Tangible Assets18.6B10.4B5.3B5.1B4.6B4.4B
Short Long Term Debt4.7B2.6B2.1B1.5B1.8B2.6B
Non Current Liabilities Other1.0B892M1.1B1.0B1.2B1.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.