Carnival Total Assets vs Retained Earnings Analysis
CUK Stock | USD 14.12 0.45 3.29% |
Carnival Plc financial indicator trend analysis is way more than just evaluating Carnival Plc ADS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carnival Plc ADS is a good investment. Please check the relationship between Carnival Plc Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival Plc ADS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnival Plc ADS Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Carnival Plc's Total Assets and Retained Earnings is -0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Carnival Plc ADS, assuming nothing else is changed. The correlation between historical values of Carnival Plc's Total Assets and Retained Earnings 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 Assets of Carnival Plc ADS are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Carnival Plc's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Carnival Plc assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Carnival Plc ADS books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 ADS 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 ADS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. 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 Revenue | 12.2B | 21.6B | 24.8B | 26.1B | Depreciation And Amortization | 2.2B | 2.4B | 2.7B | 2.9B |
Carnival Plc fundamental ratios Correlations
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Carnival Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carnival Plc 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 | 1.1B | 1.6B | 1.9B | 2.0B | 2.3B | 1.3B | |
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 | 725M | 833.8M | 576.1M | |
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 | 442M | 392M | 652M | 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 | |
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 | 5.0B | 4.9B | 2.7B | 2.2B | 2.6B | 1.3B | |
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 | |
Property Plant And Equipment Gross | 39.4B | 57.3B | 40.0B | 41.4B | 47.6B | 30.3B | |
Other Liab | 944M | 1.0B | 891M | 1.1B | 1.3B | 1.3B | |
Long Term Debt | 22.1B | 28.5B | 32.0B | 28.5B | 32.8B | 34.4B | |
Property Plant Equipment | 39.4B | 39.4B | 40.0B | 41.4B | 47.6B | 50.0B | |
Treasury Stock | (7.8B) | (8.4B) | (8.4B) | (8.5B) | (7.6B) | (7.2B) | |
Short Long Term Debt | 4.8B | 4.7B | 2.6B | 2.1B | 1.9B | 2.5B | |
Net Tangible Assets | 18.6B | 10.4B | 5.3B | 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 | 12.3B |
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Is Carnival Plc'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 Plc. 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 Plc 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 0.32 | Revenue Per Share 17.868 | Quarterly Revenue Growth 0.22 | Return On Assets 0.0294 |
The market value of Carnival Plc ADS 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 Plc's value that differs from its market value or its book value, called intrinsic value, which is Carnival Plc'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 Plc's market value can be influenced by many factors that don't directly affect Carnival Plc'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 Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival Plc'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.