Carnival Ptb Ratio vs Days Sales Outstanding 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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnival Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carnival's Ptb Ratio and Days Sales Outstanding is -0.27. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Carnival, assuming nothing else is changed. The correlation between historical values of Carnival's Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Carnival are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Carnival's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

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 Expenses4.8B5.3B6.1B6.4B
Cost Of Revenue11.8B14.3B16.5B17.3B

Carnival fundamental ratios Correlations

0.780.50.940.150.990.77-0.090.520.980.520.520.50.670.770.860.620.690.830.950.690.730.770.830.73-0.14
0.780.40.83-0.490.740.98-0.670.680.670.560.680.230.81.00.670.830.840.990.780.870.730.270.820.65-0.71
0.50.40.440.060.440.34-0.010.460.460.550.470.070.490.370.270.010.290.40.710.460.530.460.280.2-0.03
0.940.830.44-0.060.960.86-0.270.370.930.350.370.50.740.830.950.750.710.890.910.60.610.620.950.9-0.26
0.15-0.490.06-0.060.17-0.50.94-0.250.27-0.1-0.250.27-0.43-0.510.08-0.51-0.37-0.430.09-0.34-0.040.59-0.22-0.120.9
0.990.740.440.960.170.76-0.070.380.990.390.380.580.670.740.930.640.680.810.930.580.630.790.880.82-0.08
0.770.980.340.86-0.50.76-0.690.530.690.460.530.330.830.990.740.90.860.990.760.760.60.290.890.76-0.67
-0.09-0.67-0.01-0.270.94-0.07-0.69-0.330.03-0.17-0.330.0-0.56-0.69-0.16-0.66-0.65-0.62-0.13-0.47-0.170.38-0.43-0.290.9
0.520.680.460.37-0.250.380.53-0.330.340.711.0-0.230.40.630.110.270.440.60.560.950.920.120.22-0.02-0.59
0.980.670.460.930.270.990.690.030.340.40.340.60.620.670.910.570.630.740.920.530.60.840.830.780.03
0.520.560.550.35-0.10.390.46-0.170.710.40.71-0.10.440.520.130.380.380.50.530.730.690.30.220.03-0.3
0.520.680.470.37-0.250.380.53-0.331.00.340.71-0.230.40.630.110.260.430.60.560.950.920.110.22-0.02-0.59
0.50.230.070.50.270.580.330.0-0.230.6-0.1-0.230.370.260.70.310.540.320.42-0.03-0.010.640.520.580.27
0.670.80.490.74-0.430.670.83-0.560.40.620.440.40.370.820.650.720.790.820.690.60.470.460.770.66-0.46
0.771.00.370.83-0.510.740.99-0.690.630.670.520.630.260.820.680.860.860.990.760.840.680.270.840.68-0.71
0.860.670.270.950.080.930.74-0.160.110.910.130.110.70.650.680.680.660.760.80.360.390.680.930.94-0.06
0.620.830.010.75-0.510.640.9-0.660.270.570.380.260.310.720.860.680.740.860.510.540.330.190.850.77-0.59
0.690.840.290.71-0.370.680.86-0.650.440.630.380.430.540.790.860.660.740.850.660.640.470.410.770.61-0.49
0.830.990.40.89-0.430.810.99-0.620.60.740.50.60.320.820.990.760.860.850.820.810.680.350.890.75-0.64
0.950.780.710.910.090.930.76-0.130.560.920.530.560.420.690.760.80.510.660.820.70.760.710.780.68-0.17
0.690.870.460.6-0.340.580.76-0.470.950.530.730.95-0.030.60.840.360.540.640.810.70.920.220.490.26-0.67
0.730.730.530.61-0.040.630.6-0.170.920.60.690.92-0.010.470.680.390.330.470.680.760.920.370.410.21-0.42
0.770.270.460.620.590.790.290.380.120.840.30.110.640.460.270.680.190.410.350.710.220.370.50.490.45
0.830.820.280.95-0.220.880.89-0.430.220.830.220.220.520.770.840.930.850.770.890.780.490.410.50.96-0.34
0.730.650.20.9-0.120.820.76-0.29-0.020.780.03-0.020.580.660.680.940.770.610.750.680.260.210.490.96-0.17
-0.14-0.71-0.03-0.260.9-0.08-0.670.9-0.590.03-0.3-0.590.27-0.46-0.71-0.06-0.59-0.49-0.64-0.17-0.67-0.420.45-0.34-0.17
Click cells to compare fundamentals

Carnival Account Relationship Matchups

Carnival 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 Liab994M4.8B1.9B1.7B2.0B1.4B
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 Other1.6B2.0B2.5B576M662.4M571.8M
Cash And Short Term Investments9.5B9.1B4.0B2.4B2.8B2.9B
Net Receivables273M246M395M556M639.4M671.4M
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 Assets885M392M2.6B1.8B2.0B2.1B
Other Stockholder Equity5.5B6.8B8.4B8.3B9.5B10.0B
Total Liab33.0B41.2B44.6B42.2B48.6B51.0B
Property Plant And Equipment Gross39.4B57.3B40.0B41.4B47.6B50.0B
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 Debt5.1B4.9B2.7B2.4B2.7B2.9B
Intangible Assets1.2B1.2B1.2B1.2B1.3B1.1B
Accounts Payable624M797M1.1B1.2B1.3B1.4B
Current Deferred Revenue1.9B3.1B4.9B6.1B7.0B7.3B
Good Will2.9B2.9B807M579M665.9M632.6M
Other Liab949M1.0B891M1.1B1.3B799.7M
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 Equipment38.1B38.1B38.7B41.4B47.6B31.3B
Net Tangible Assets19.8B11.6B6.5B5.1B4.6B4.4B
Long Term Debt Total9.7B22.1B28.5B32.0B36.7B38.6B
Capital Surpluse8.8B13.9B15.3B16.9B19.4B11.4B

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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:
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.