Carnival Total Current Assets vs Total Stockholder Equity Analysis

CCL Stock   1,812  18.00  1.00%   
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 Total Current Assets and its Total 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.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnival PLC Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carnival PLC's Total Current Assets and Total Stockholder Equity is -0.34. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total 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 Total Current Assets and Total 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 Total Current Assets of Carnival PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Carnival PLC's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
 2021 2022 2023 2024 (projected)
Total Revenue12.2B21.6B24.8B26.1B
Depreciation And Amortization2.4B2.4B2.7B2.9B

Carnival PLC fundamental ratios Correlations

0.780.570.940.150.990.77-0.090.520.980.520.520.650.670.770.860.590.590.830.690.450.790.830.73-0.140.01
0.780.70.83-0.490.740.98-0.670.680.670.560.680.50.81.00.670.740.780.990.870.730.30.820.65-0.71-0.15
0.570.70.75-0.380.630.78-0.580.160.56-0.090.160.670.680.730.770.70.770.760.380.440.310.810.79-0.44-0.38
0.940.830.75-0.060.960.86-0.270.370.930.350.370.720.740.830.950.740.610.890.60.450.660.950.9-0.26-0.06
0.15-0.49-0.38-0.060.17-0.50.94-0.250.27-0.1-0.250.04-0.43-0.510.08-0.43-0.42-0.43-0.34-0.470.58-0.22-0.120.90.3
0.990.740.630.960.170.76-0.070.380.990.40.380.710.670.740.930.630.570.810.580.360.810.880.82-0.08-0.03
0.770.980.780.86-0.50.76-0.690.530.690.470.530.60.830.990.740.840.80.990.760.650.320.890.76-0.67-0.25
-0.09-0.67-0.58-0.270.94-0.07-0.69-0.330.03-0.17-0.33-0.17-0.56-0.69-0.16-0.61-0.69-0.62-0.47-0.570.36-0.43-0.290.90.48
0.520.680.160.37-0.250.380.53-0.330.340.711.0-0.050.40.630.110.090.410.60.950.790.120.22-0.02-0.590.29
0.980.670.560.930.270.990.690.030.340.40.340.710.620.670.910.580.520.740.530.290.870.830.780.03-0.02
0.520.56-0.090.35-0.10.40.47-0.170.710.40.710.170.440.530.140.270.260.50.740.530.290.220.03-0.30.12
0.520.680.160.37-0.250.380.53-0.331.00.340.71-0.050.40.630.110.080.40.60.950.790.120.22-0.02-0.590.29
0.650.50.670.720.040.710.6-0.17-0.050.710.17-0.050.540.530.810.760.520.580.20.190.590.710.770.0-0.4
0.670.80.680.74-0.430.670.83-0.560.40.620.440.40.540.820.650.710.710.820.60.490.460.770.66-0.46-0.31
0.771.00.730.83-0.510.740.99-0.690.630.670.530.630.530.820.680.780.80.990.840.70.30.840.68-0.71-0.2
0.860.670.770.950.080.930.74-0.160.110.910.140.110.810.650.680.750.590.760.360.280.710.930.94-0.06-0.21
0.590.740.70.74-0.430.630.84-0.610.090.580.270.080.760.710.780.750.720.790.380.40.310.850.82-0.44-0.52
0.590.780.770.61-0.420.570.8-0.690.410.520.260.40.520.710.80.590.720.780.60.570.330.680.53-0.53-0.64
0.830.990.760.89-0.430.810.99-0.620.60.740.50.60.580.820.990.760.790.780.810.670.380.890.75-0.64-0.17
0.690.870.380.6-0.340.580.76-0.470.950.530.740.950.20.60.840.360.380.60.810.830.230.490.26-0.670.12
0.450.730.440.45-0.470.360.65-0.570.790.290.530.790.190.490.70.280.40.570.670.830.010.350.17-0.70.01
0.790.30.310.660.580.810.320.360.120.870.290.120.590.460.30.710.310.330.380.230.010.540.530.43-0.04
0.830.820.810.95-0.220.880.89-0.430.220.830.220.220.710.770.840.930.850.680.890.490.350.540.96-0.34-0.24
0.730.650.790.9-0.120.820.76-0.29-0.020.780.03-0.020.770.660.680.940.820.530.750.260.170.530.96-0.17-0.24
-0.14-0.71-0.44-0.260.9-0.08-0.670.9-0.590.03-0.3-0.590.0-0.46-0.71-0.06-0.44-0.53-0.64-0.67-0.70.43-0.34-0.170.12
0.01-0.15-0.38-0.060.3-0.03-0.250.480.29-0.020.120.29-0.4-0.31-0.2-0.21-0.52-0.64-0.170.120.01-0.04-0.24-0.240.12
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Carnival PLC Account Relationship Matchups

Carnival PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.6B53.3B51.7B49.1B56.5B59.3B
Short Long Term Debt Total28.4B34.6B35.9B31.9B36.7B38.5B
Other Current Liab1.1B4.7B1.9B8.1B9.3B9.8B
Total Current Liabilities8.7B10.4B10.6B11.5B13.2B13.9B
Total Stockholder Equity20.6B12.1B7.1B6.9B7.9B13.4B
Property Plant And Equipment Net39.4B39.4B40.0B41.4B47.6B50.0B
Net Debt18.9B25.7B31.9B29.5B33.9B35.6B
Retained Earnings16.1B6.4B269M185M212.8M202.1M
Cash9.5B8.9B4.0B2.4B2.8B2.9B
Non Current Assets Total43.0B43.2B44.2B43.9B50.4B53.0B
Non Currrent Assets Other1.6B2.0B2.5B586M673.9M572.1M
Cash And Short Term Investments9.5B9.1B4.0B2.4B2.8B2.9B
Net Receivables273M301M613M556M639.4M671.4M
Common Stock Shares Outstanding775M1.1B1.2B1.3B1.5B837.5M
Liabilities And Stockholders Equity53.6B53.3B51.7B49.1B56.5B59.3B
Non Current Liabilities Total24.4B30.8B34.0B30.8B35.4B37.1B
Inventory335M356M428M528M607.2M637.6M
Other Current Assets442M337M2.4B1.8B2.0B2.1B
Other Stockholder Equity5.5B5.3B6.4B8.3B9.5B10.0B
Total Liab33.0B41.2B44.6B42.2B48.6B51.0B
Total Current Assets10.6B10.1B7.5B5.3B6.1B6.4B
Accumulated Other Comprehensive Income(1.4B)(1.5B)(2.0B)(1.9B)(1.7B)(1.7B)
Short Term Debt5.0B4.9B2.7B2.2B2.6B2.7B
Intangible Assets1.2B1.2B1.2B1.2B1.3B1.2B
Accounts Payable624M797M1.1B1.2B1.3B1.4B
Current Deferred Revenue1.9B3.1B4.9B6.1B7.0B7.3B
Good Will2.9B2.9B807M579M665.9M632.6M
Property Plant And Equipment Gross39.4B57.3B40.0B41.4B47.6B30.3B
Other Liab944M1.0B891M1.1B1.3B862.9M
Long Term Debt22.1B28.5B32.0B28.5B32.8B34.4B
Treasury Stock(7.8B)(8.4B)(8.4B)(8.5B)(7.6B)(7.2B)
Property Plant Equipment39.4B39.4B40.0B41.4B47.6B34.5B
Net Tangible Assets18.6B10.4B5.3B5.1B4.6B4.4B
Short Long Term Debt4.8B4.7B2.6B2.1B2.4B2.7B
Non Current Liabilities Other949M1.0B892M1.1B1.3B1.0B

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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.