Royal Selling General Administrative vs Net Income From Continuing Ops Analysis
RCL Stock | USD 237.57 1.70 0.72% |
Royal Caribbean financial indicator trend analysis is much more than just breaking down Royal Caribbean Cruises prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Caribbean Cruises is a good investment. Please check the relationship between Royal Caribbean Selling General Administrative and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. 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.
Selling General Administrative vs Net Income From Continuing Ops
Selling General Administrative vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Caribbean Cruises Selling General Administrative account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.
The correlation between Royal Caribbean's Selling General Administrative and Net Income From Continuing Ops is 0.21. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Royal Caribbean Cruises, assuming nothing else is changed. The correlation between historical values of Royal Caribbean's Selling General Administrative and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Royal Caribbean Cruises are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling General Administrative i.e., Royal Caribbean's Selling General Administrative and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Net Income From Continuing Ops
Most indicators from Royal Caribbean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Caribbean Cruises 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. 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. At this time, Royal Caribbean's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 13.3 B this year, although the value of Selling General Administrative will most likely fall to about 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.7B | 3.0B | 3.5B | 3.6B | Cost Of Revenue | 2.7B | 6.6B | 9.2B | 9.7B |
Royal Caribbean fundamental ratios Correlations
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Royal Caribbean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Caribbean fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.3B | 32.5B | 32.3B | 33.8B | 35.1B | 36.9B | |
Short Long Term Debt Total | 11.7B | 20.0B | 21.7B | 24.0B | 22.1B | 23.2B | |
Other Current Liab | 1.2B | 822.4M | 1.2B | 3.9B | 1.4B | 813.2M | |
Total Current Liabilities | 8.0B | 4.5B | 7.3B | 8.6B | 9.4B | 9.9B | |
Total Stockholder Equity | 12.2B | 8.8B | 5.1B | 2.9B | 4.7B | 6.0B | |
Property Plant And Equipment Net | 26.2B | 25.8B | 26.5B | 28.1B | 30.7B | 32.3B | |
Net Debt | 11.5B | 16.3B | 19.0B | 22.1B | 21.6B | 22.7B | |
Retained Earnings | 11.5B | 5.6B | 302.3M | (1.7B) | (10M) | (9.5M) | |
Accounts Payable | 563.7M | 353.4M | 546.0M | 646.7M | 792M | 831.6M | |
Cash | 243.7M | 3.7B | 2.7B | 1.9B | 497M | 493.6M | |
Non Current Assets Total | 29.2B | 28.2B | 28.7B | 30.6B | 33.3B | 35.0B | |
Non Currrent Assets Other | 1.6B | 1.5B | 1.4B | 1.7B | 1.8B | 1.9B | |
Cash And Short Term Investments | 243.7M | 3.7B | 2.7B | 1.9B | 497M | 509.2M | |
Net Receivables | 305.8M | 284.1M | 408.1M | 531.1M | 405M | 207.7M | |
Common Stock Shares Outstanding | 209.9M | 214.3M | 251.8M | 255.0M | 283M | 215.9M | |
Liabilities And Stockholders Equity | 30.3B | 32.5B | 32.3B | 33.8B | 35.1B | 36.9B | |
Non Current Liabilities Total | 9.6B | 19.2B | 19.9B | 22.3B | 20.8B | 21.9B | |
Inventory | 162.1M | 118.7M | 150.2M | 224.0M | 248M | 260.4M | |
Other Current Assets | 429.2M | 224.4M | 340.2M | 514.9M | 642M | 674.1M | |
Other Stockholder Equity | 1.4B | 3.9B | 5.5B | 5.2B | 5.4B | 5.7B | |
Total Liab | 17.6B | 23.7B | 27.2B | 30.9B | 30.2B | 31.7B | |
Total Current Assets | 1.2B | 4.3B | 3.6B | 3.2B | 1.8B | 1.0B | |
Short Term Debt | 2.7B | 1.6B | 2.4B | 2.2B | 1.9B | 968.7M | |
Intangible Assets | 488.6M | 444.9M | 434.6M | 426.4M | 418M | 448.8M | |
Common Stock | 2.4M | 2.7M | 2.8M | 2.8M | 3M | 2.3M | |
Good Will | 1.4B | 809.5M | 809.4M | 809.3M | 809M | 636.7M | |
Current Deferred Revenue | 3.4B | 1.8B | 3.2B | 4.2B | 5.3B | 5.6B | |
Other Assets | 1.1B | 2.1B | 1.4B | 1.7B | 1.9B | 988.4M | |
Long Term Debt | 8.4B | 18.0B | 18.8B | 21.3B | 19.7B | 20.7B | |
Treasury Stock | (2.0B) | (2.1B) | (2.1B) | (2.1B) | (1.9B) | (1.8B) | |
Property Plant Equipment | 25.5B | 25.2B | 26.5B | 28.1B | 32.3B | 18.3B | |
Other Liab | 553.6M | 645.6M | 534.7M | 507.6M | 583.7M | 464.7M | |
Accumulated Other Comprehensive Income | (797.7M) | (739.3M) | (710.9M) | (643.2M) | (674M) | (640.3M) | |
Common Stock Total Equity | 2.4M | 2.7M | 2.8M | 2.8M | 3.3M | 2.5M | |
Property Plant And Equipment Gross | 26.2B | 25.8B | 26.5B | 28.1B | 44.5B | 46.8B | |
Short Term Investments | 21.8M | 70.1M | 54.2M | 25M | 22.5M | 37.8M | |
Net Tangible Assets | 11.3B | 8.0B | 4.3B | 2.1B | 1.9B | 1.8B | |
Retained Earnings Total Equity | 11.5B | 5.6B | 302.3M | (1.7B) | (1.5B) | (1.5B) | |
Long Term Debt Total | 8.4B | 18.0B | 18.8B | 21.3B | 24.5B | 25.7B | |
Capital Surpluse | 3.5B | 6.0B | 7.6B | 7.3B | 8.4B | 4.6B |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. 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. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Royal Caribbean. If investors know Royal 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 Royal Caribbean 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 0.154 | Dividend Share 0.4 | Earnings Share 9.97 | Revenue Per Share 62.168 | Quarterly Revenue Growth 0.175 |
The market value of Royal Caribbean Cruises is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Caribbean's value that differs from its market value or its book value, called intrinsic value, which is Royal Caribbean'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 Royal Caribbean's market value can be influenced by many factors that don't directly affect Royal Caribbean'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 Royal Caribbean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Caribbean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Caribbean'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.