Carnival Payout Ratio vs Income Quality Analysis

CCL Stock

USD 24.90 0.45 1.78%

Carnival financial indicator trend analysis is way more than just evaluating Carnival prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carnival is a good investment. Please check the relationship between Carnival Payout Ratio and its Income Quality accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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

Payout Ratio vs Income Quality

Payout Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnival Payout Ratio account and Income Quality. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Carnival's Payout Ratio and Income Quality is 0.56. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Carnival, assuming nothing else is changed. The correlation between historical values of Carnival's Payout Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Carnival are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payout Ratio i.e., Carnival's Payout Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Carnival earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Carnival dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Carnival is paying out more in dividends than it makes in net income.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Carnival's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carnival 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.Selling General Administrative is expected to rise to about 3.6 B this year, although the value of Tax Provision will most likely fall to about 11.1 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.8B	5.3B	6.1B	6.4B
Cost Of Revenue	11.8B	14.3B	16.5B	17.3B

Total Operating Expenses Cost Of Revenue

Carnival fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Good Will
Total Assets		0.78	0.5	0.94	0.15	0.99	0.77	-0.09	0.52	0.98	0.52	0.52	0.5	0.67	0.77	0.86	0.62	0.69	0.83	0.95	0.69	0.73	0.77	0.83	0.73	-0.14
Short Long Term Debt Total	0.78		0.4	0.83	-0.49	0.74	0.98	-0.67	0.68	0.67	0.56	0.68	0.23	0.8	1.0	0.67	0.83	0.84	0.99	0.78	0.87	0.73	0.27	0.82	0.65	-0.71
Other Current Liab	0.5	0.4		0.44	0.06	0.44	0.34	-0.01	0.46	0.46	0.55	0.47	0.07	0.49	0.37	0.27	0.01	0.29	0.4	0.71	0.46	0.53	0.46	0.28	0.2	-0.03
Total Current Liabilities	0.94	0.83	0.44		-0.06	0.96	0.86	-0.27	0.37	0.93	0.35	0.37	0.5	0.74	0.83	0.95	0.75	0.71	0.89	0.91	0.6	0.61	0.62	0.95	0.9	-0.26
Total Stockholder Equity	0.15	-0.49	0.06	-0.06		0.17	-0.5	0.94	-0.25	0.27	-0.1	-0.25	0.27	-0.43	-0.51	0.08	-0.51	-0.37	-0.43	0.09	-0.34	-0.04	0.59	-0.22	-0.12	0.9
Property Plant And Equipment Net	0.99	0.74	0.44	0.96	0.17		0.76	-0.07	0.38	0.99	0.39	0.38	0.58	0.67	0.74	0.93	0.64	0.68	0.81	0.93	0.58	0.63	0.79	0.88	0.82	-0.08
Net Debt	0.77	0.98	0.34	0.86	-0.5	0.76		-0.69	0.53	0.69	0.46	0.53	0.33	0.83	0.99	0.74	0.9	0.86	0.99	0.76	0.76	0.6	0.29	0.89	0.76	-0.67
Retained Earnings	-0.09	-0.67	-0.01	-0.27	0.94	-0.07	-0.69		-0.33	0.03	-0.17	-0.33	0.0	-0.56	-0.69	-0.16	-0.66	-0.65	-0.62	-0.13	-0.47	-0.17	0.38	-0.43	-0.29	0.9
Cash	0.52	0.68	0.46	0.37	-0.25	0.38	0.53	-0.33		0.34	0.71	1.0	-0.23	0.4	0.63	0.11	0.27	0.44	0.6	0.56	0.95	0.92	0.12	0.22	-0.02	-0.59
Non Current Assets Total	0.98	0.67	0.46	0.93	0.27	0.99	0.69	0.03	0.34		0.4	0.34	0.6	0.62	0.67	0.91	0.57	0.63	0.74	0.92	0.53	0.6	0.84	0.83	0.78	0.03
Non Currrent Assets Other	0.52	0.56	0.55	0.35	-0.1	0.39	0.46	-0.17	0.71	0.4		0.71	-0.1	0.44	0.52	0.13	0.38	0.38	0.5	0.53	0.73	0.69	0.3	0.22	0.03	-0.3
Cash And Short Term Investments	0.52	0.68	0.47	0.37	-0.25	0.38	0.53	-0.33	1.0	0.34	0.71		-0.23	0.4	0.63	0.11	0.26	0.43	0.6	0.56	0.95	0.92	0.11	0.22	-0.02	-0.59
Net Receivables	0.5	0.23	0.07	0.5	0.27	0.58	0.33	0.0	-0.23	0.6	-0.1	-0.23		0.37	0.26	0.7	0.31	0.54	0.32	0.42	-0.03	-0.01	0.64	0.52	0.58	0.27
Common Stock Shares Outstanding	0.67	0.8	0.49	0.74	-0.43	0.67	0.83	-0.56	0.4	0.62	0.44	0.4	0.37		0.82	0.65	0.72	0.79	0.82	0.69	0.6	0.47	0.46	0.77	0.66	-0.46
Non Current Liabilities Total	0.77	1.0	0.37	0.83	-0.51	0.74	0.99	-0.69	0.63	0.67	0.52	0.63	0.26	0.82		0.68	0.86	0.86	0.99	0.76	0.84	0.68	0.27	0.84	0.68	-0.71
Inventory	0.86	0.67	0.27	0.95	0.08	0.93	0.74	-0.16	0.11	0.91	0.13	0.11	0.7	0.65	0.68		0.68	0.66	0.76	0.8	0.36	0.39	0.68	0.93	0.94	-0.06
Other Current Assets	0.62	0.83	0.01	0.75	-0.51	0.64	0.9	-0.66	0.27	0.57	0.38	0.26	0.31	0.72	0.86	0.68		0.74	0.86	0.51	0.54	0.33	0.19	0.85	0.77	-0.59
Other Stockholder Equity	0.69	0.84	0.29	0.71	-0.37	0.68	0.86	-0.65	0.44	0.63	0.38	0.43	0.54	0.79	0.86	0.66	0.74		0.85	0.66	0.64	0.47	0.41	0.77	0.61	-0.49
Total Liab	0.83	0.99	0.4	0.89	-0.43	0.81	0.99	-0.62	0.6	0.74	0.5	0.6	0.32	0.82	0.99	0.76	0.86	0.85		0.82	0.81	0.68	0.35	0.89	0.75	-0.64
Property Plant And Equipment Gross	0.95	0.78	0.71	0.91	0.09	0.93	0.76	-0.13	0.56	0.92	0.53	0.56	0.42	0.69	0.76	0.8	0.51	0.66	0.82		0.7	0.76	0.71	0.78	0.68	-0.17
Total Current Assets	0.69	0.87	0.46	0.6	-0.34	0.58	0.76	-0.47	0.95	0.53	0.73	0.95	-0.03	0.6	0.84	0.36	0.54	0.64	0.81	0.7		0.92	0.22	0.49	0.26	-0.67
Short Term Debt	0.73	0.73	0.53	0.61	-0.04	0.63	0.6	-0.17	0.92	0.6	0.69	0.92	-0.01	0.47	0.68	0.39	0.33	0.47	0.68	0.76	0.92		0.37	0.41	0.21	-0.42
Intangible Assets	0.77	0.27	0.46	0.62	0.59	0.79	0.29	0.38	0.12	0.84	0.3	0.11	0.64	0.46	0.27	0.68	0.19	0.41	0.35	0.71	0.22	0.37		0.5	0.49	0.45
Accounts Payable	0.83	0.82	0.28	0.95	-0.22	0.88	0.89	-0.43	0.22	0.83	0.22	0.22	0.52	0.77	0.84	0.93	0.85	0.77	0.89	0.78	0.49	0.41	0.5		0.96	-0.34
Current Deferred Revenue	0.73	0.65	0.2	0.9	-0.12	0.82	0.76	-0.29	-0.02	0.78	0.03	-0.02	0.58	0.66	0.68	0.94	0.77	0.61	0.75	0.68	0.26	0.21	0.49	0.96		-0.17
Good Will	-0.14	-0.71	-0.03	-0.26	0.9	-0.08	-0.67	0.9	-0.59	0.03	-0.3	-0.59	0.27	-0.46	-0.71	-0.06	-0.59	-0.49	-0.64	-0.17	-0.67	-0.42	0.45	-0.34	-0.17

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Carnival Account Relationship Matchups

Carnival fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.6B	53.3B	51.7B	49.1B	56.5B	59.3B
Short Long Term Debt Total	28.4B	34.6B	35.9B	31.9B	36.7B	38.5B
Other Current Liab	994M	4.8B	1.9B	1.7B	2.0B	1.4B
Total Current Liabilities	8.7B	10.4B	10.6B	11.5B	13.2B	13.9B
Total Stockholder Equity	20.6B	12.1B	7.1B	6.9B	7.9B	13.4B
Property Plant And Equipment Net	39.4B	39.4B	40.0B	41.4B	47.6B	50.0B
Net Debt	18.9B	25.7B	31.9B	29.5B	33.9B	35.6B
Retained Earnings	16.1B	6.4B	269M	185M	212.8M	202.1M
Cash	9.5B	8.9B	4.0B	2.4B	2.8B	2.9B
Non Current Assets Total	43.0B	43.2B	44.2B	43.9B	50.4B	53.0B
Non Currrent Assets Other	1.6B	2.0B	2.5B	576M	662.4M	571.8M
Cash And Short Term Investments	9.5B	9.1B	4.0B	2.4B	2.8B	2.9B
Net Receivables	273M	246M	395M	556M	639.4M	671.4M
Common Stock Shares Outstanding	775M	1.1B	1.2B	1.3B	1.5B	837.5M
Liabilities And Stockholders Equity	53.6B	53.3B	51.7B	49.1B	56.5B	59.3B
Non Current Liabilities Total	24.4B	30.8B	34.0B	30.8B	35.4B	37.1B
Inventory	335M	356M	428M	528M	607.2M	637.6M
Other Current Assets	885M	392M	2.6B	1.8B	2.0B	2.1B
Other Stockholder Equity	5.5B	6.8B	8.4B	8.3B	9.5B	10.0B
Total Liab	33.0B	41.2B	44.6B	42.2B	48.6B	51.0B
Property Plant And Equipment Gross	39.4B	57.3B	40.0B	41.4B	47.6B	50.0B
Total Current Assets	10.6B	10.1B	7.5B	5.3B	6.1B	6.4B
Accumulated Other Comprehensive Income	(1.4B)	(1.5B)	(2.0B)	(1.9B)	(1.7B)	(1.7B)
Short Term Debt	5.1B	4.9B	2.7B	2.4B	2.7B	2.9B
Intangible Assets	1.2B	1.2B	1.2B	1.2B	1.3B	1.1B
Accounts Payable	624M	797M	1.1B	1.2B	1.3B	1.4B
Current Deferred Revenue	1.9B	3.1B	4.9B	6.1B	7.0B	7.3B
Good Will	2.9B	2.9B	807M	579M	665.9M	632.6M
Other Liab	949M	1.0B	891M	1.1B	1.3B	799.7M
Long Term Debt	22.1B	28.5B	32.0B	28.5B	32.8B	34.4B
Treasury Stock	(7.8B)	(8.4B)	(8.4B)	(8.5B)	(7.6B)	(7.2B)
Property Plant Equipment	38.1B	38.1B	38.7B	41.4B	47.6B	31.3B
Net Tangible Assets	19.8B	11.6B	6.5B	5.1B	4.6B	4.4B
Long Term Debt Total	9.7B	22.1B	28.5B	32.0B	36.7B	38.6B
Capital Surpluse	8.8B	13.9B	15.3B	16.9B	19.4B	11.4B

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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

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Is Carnival Stock a good investment?

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What is Carnival's Net Worth?

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Largest Hotels, Resorts & Cruise Lines Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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 Payout Ratio vs Income Quality Analysis

Payout Ratio vs Income Quality

Payout Ratio vs Income Quality Correlation Analysis

Correlation Coefficient

Payout Ratio

Income Quality

Carnival fundamental ratios Correlations

Carnival Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Carnival fundamental ratios Accounts

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Net Debt

Good Will	- 0.71	Non Current Liabilities Total
Good Will	- 0.71	Short Long Term Debt Total
Non Current Liabilities Total	- 0.69	Retained Earnings
Retained Earnings	- 0.69	Net Debt
Good Will	- 0.67	Total Current Assets
Good Will	- 0.67	Net Debt