Carnival Historical Financial Ratios

CCL Stock  USD 17.03  0.08  0.47%   
Carnival is presently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 9.0E-4 or Operating Cycle of 19.9 will help investors to properly organize and evaluate Carnival financial condition quickly.
  
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 tightly coupled 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.

About Carnival Financial Ratios Analysis

CarnivalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Carnival investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Carnival financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Carnival history.

Carnival Financial Ratios Chart

Carnival financial ratios usually calculated using numerical values taken directly from Carnival financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Carnival. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Carnival's Company Equity Multiplier is quite stable compared to the past year. Long Term Debt To Capitalization is expected to rise to 0.77 this year, although the value of Price To Sales Ratio will most likely fall to 0.96.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Carnival stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Carnival sales, a figure that is much harder to manipulate than other Carnival multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Carnival dividend as a percentage of Carnival stock price. Carnival dividend yield is a measure of Carnival stock productivity, which can be interpreted as interest rate earned on an Carnival investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most ratios from Carnival's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Carnival current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 tightly coupled 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.At this time, Carnival's Company Equity Multiplier is quite stable compared to the past year. Long Term Debt To Capitalization is expected to rise to 0.77 this year, although the value of Price To Sales Ratio will most likely fall to 0.96.
 2021 2022 2023 (projected)
Dividend Yield0.0074250.0010529.47E-4
Price To Sales Ratio0.960.881.01

Carnival fundamentals Correlations

-0.19-0.43-0.03-0.620.130.03-0.420.820.220.870.220.680.42-0.510.330.7-0.17-0.24-0.41-0.77-0.430.740.80.22-0.29
-0.190.320.70.18-0.19-0.63-0.220.050.75-0.10.14-0.10.270.860.4-0.130.99-0.79-0.70.07-0.690.32-0.090.75-0.76
-0.430.32-0.030.880.09-0.120.79-0.40.03-0.37-0.16-0.87-0.720.5-0.55-0.850.35-0.140.070.470.09-0.23-0.360.03-0.1
-0.030.7-0.03-0.07-0.33-0.6-0.530.10.65-0.130.450.110.420.50.640.070.69-0.81-0.730.13-0.720.31-0.040.65-0.8
-0.620.180.88-0.07-0.23-0.010.75-0.55-0.12-0.55-0.17-0.95-0.770.4-0.47-0.940.160.060.240.60.25-0.5-0.66-0.120.11
0.13-0.190.09-0.33-0.230.20.23-0.060.070.2-0.160.19-0.04-0.13-0.390.2-0.130.160.23-0.290.230.030.590.070.14
0.03-0.63-0.12-0.6-0.010.20.24-0.26-0.5-0.05-0.46-0.03-0.29-0.56-0.35-0.01-0.640.570.550.080.54-0.43-0.02-0.50.56
-0.42-0.220.79-0.530.750.230.24-0.53-0.48-0.42-0.27-0.83-0.870.15-0.92-0.8-0.190.470.630.460.64-0.49-0.4-0.480.5
0.820.05-0.40.1-0.55-0.06-0.26-0.530.390.920.360.670.52-0.290.540.70.06-0.37-0.58-0.85-0.60.920.730.39-0.41
0.220.750.030.65-0.120.07-0.5-0.480.390.370.170.320.480.40.620.320.72-0.81-0.82-0.44-0.820.520.421.0-0.82
0.87-0.1-0.37-0.13-0.550.2-0.05-0.420.920.370.090.70.42-0.450.380.73-0.11-0.24-0.46-0.93-0.480.80.850.37-0.29
0.220.14-0.160.45-0.17-0.16-0.46-0.270.360.170.090.160.330.070.370.160.17-0.23-0.25-0.19-0.260.40.170.17-0.24
0.68-0.1-0.870.11-0.950.19-0.03-0.830.670.320.70.160.81-0.420.631.0-0.11-0.17-0.38-0.76-0.40.580.740.32-0.22
0.420.27-0.720.42-0.77-0.04-0.29-0.870.520.480.420.330.81-0.040.750.790.26-0.37-0.52-0.51-0.540.510.440.48-0.4
-0.510.860.50.50.4-0.13-0.560.15-0.290.4-0.450.07-0.42-0.04-0.01-0.440.88-0.44-0.290.37-0.270.01-0.390.4-0.4
0.330.4-0.550.64-0.47-0.39-0.35-0.920.540.620.380.370.630.75-0.010.610.35-0.63-0.77-0.41-0.770.50.290.62-0.65
0.7-0.13-0.850.07-0.940.2-0.01-0.80.70.320.730.161.00.79-0.440.61-0.13-0.15-0.37-0.8-0.390.590.770.32-0.2
-0.170.990.350.690.16-0.13-0.64-0.190.060.72-0.110.17-0.110.260.880.35-0.13-0.78-0.680.08-0.660.35-0.060.72-0.75
-0.24-0.79-0.14-0.810.060.160.570.47-0.37-0.81-0.24-0.23-0.17-0.37-0.44-0.63-0.15-0.780.960.150.95-0.58-0.25-0.811.0
-0.41-0.70.07-0.730.240.230.550.63-0.58-0.82-0.46-0.25-0.38-0.52-0.29-0.77-0.37-0.680.960.371.0-0.72-0.38-0.820.97
-0.770.070.470.130.6-0.290.080.46-0.85-0.44-0.93-0.19-0.76-0.510.37-0.41-0.80.080.150.370.4-0.71-0.86-0.440.2
-0.43-0.690.09-0.720.250.230.540.64-0.6-0.82-0.48-0.26-0.4-0.54-0.27-0.77-0.39-0.660.951.00.4-0.73-0.39-0.820.96
0.740.32-0.230.31-0.50.03-0.43-0.490.920.520.80.40.580.510.010.50.590.35-0.58-0.72-0.71-0.730.710.52-0.61
0.8-0.09-0.36-0.04-0.660.59-0.02-0.40.730.420.850.170.740.44-0.390.290.77-0.06-0.25-0.38-0.86-0.390.710.42-0.31
0.220.750.030.65-0.120.07-0.5-0.480.391.00.370.170.320.480.40.620.320.72-0.81-0.82-0.44-0.820.520.42-0.82
-0.29-0.76-0.1-0.80.110.140.560.5-0.41-0.82-0.29-0.24-0.22-0.4-0.4-0.65-0.2-0.751.00.970.20.96-0.61-0.31-0.82
Click cells to compare fundamentals

Carnival Account Relationship Matchups

Carnival fundamentals Accounts

201920202021202220232024 (projected)
Short Term Coverage Ratios(1.27)(0.85)(0.61)1.912.23.87
Price Earnings Ratio(1.51)(2.08)(1.92)(256.83)(295.36)(280.59)
Price To Sales Ratio1.492.7710.370.960.881.01
Dividend Yield0.04450.0095010.0074250.0010529.47E-49.0E-4
Operating Cycle32.6474.9725.1422.8620.5719.9
Price Book Value Ratio0.751.631.662.763.182.66
Price Earnings To Growth Ratio0.0037340.05790.04932.62.993.14
Days Of Payables Outstanding27.6262.4932.629.7834.2435.02
Operating Cash Flow Per Share(8.13)(3.66)(1.42)3.393.052.29
Dividend Payout Ratio(0.0673)(0.0198)(0.0143)(0.27)(0.31)(0.3)
Price To Operating Cash Flows Ratio(2.46)(4.82)(7.02)4.445.114.85
Free Cash Flow Per Share(12.8)(6.87)(5.6)0.790.910.95
Price To Free Cash Flows Ratio(1.56)(2.56)(1.77)19.0617.1611.48
Pretax Profit Margin(1.83)(4.99)(0.5)(0.002871)(0.003302)(0.003467)
Inventory Turnover24.6113.0827.4727.1224.420.25
Ebt Per Ebit1.161.341.39(0.0317)(0.0365)(0.0346)
Payables Turnover13.215.8411.212.2611.0310.13
Effective Tax Rate0.0016580.002205(0.002303)(0.21)(0.24)(0.23)
Company Equity Multiplier2.614.397.327.146.426.74
Long Term Debt To Capitalization0.530.710.820.810.730.77
Cash Per Share12.278.143.411.911.721.06
Total Debt To Capitalization0.310.580.740.840.820.78
Interest Coverage(9.91)(4.43)(2.72)0.951.091.03
Return On Capital Employed0.0912(0.2)(0.17)(0.11)0.0520.0598
Payout Ratio(0.0673)(0.0198)(0.0143)(0.27)(0.31)(0.3)
Debt Equity Ratio1.382.855.084.634.174.38
Quick Ratio0.150.111.130.90.420.3
Dividend Paid And Capex Coverage Ratio2.151.20.34(1.31)(1.18)(1.24)
Cash Ratio1.10.860.380.210.240.35
Cash Conversion Cycle5.0212.48(7.46)(6.92)(7.96)(7.56)
Operating Cash Flow Sales Ratio0.26(1.13)(2.15)(0.14)0.20.23
Days Of Inventory Outstanding14.8327.9113.2913.4612.1111.79
Days Of Sales Outstanding17.8147.0611.859.48.468.11
Free Cash Flow Operating Cash Flow Ratio1.571.883.960.230.210.3
Cash Flow Coverage Ratios0.48(0.22)(0.12)(0.0465)0.130.15
Price To Book Ratio0.751.631.662.763.182.66
Current Ratio1.220.970.710.460.530.58

Pair Trading with Carnival

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carnival position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carnival will appreciate offsetting losses from the drop in the long position's value.

Moving against Carnival Stock

  0.56DKNG DraftKings Downward RallyPairCorr
  0.54WING Wingstop Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carnival - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carnival to buy it.
The correlation of Carnival is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carnival can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 tightly coupled 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.
Note that the Carnival information on this page should be used as a complementary analysis to other Carnival's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Carnival Stock analysis

When running Carnival's price analysis, check to measure Carnival's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Carnival's industry 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
(0.14)
Earnings Share
(0.06)
Revenue Per Share
17.11
Quarterly Revenue Growth
0.406
Return On Assets
0.0241
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.