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Royal Caribbean Group (FRA:RC8) Debt-to-Asset : 0.60 (As of Mar. 2024)


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What is Royal Caribbean Group Debt-to-Asset?

Royal Caribbean Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,570 Mil. Royal Caribbean Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €17,921 Mil. Royal Caribbean Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €32,375 Mil. Royal Caribbean Group's debt to asset for the quarter that ended in Mar. 2024 was 0.60.


Royal Caribbean Group Debt-to-Asset Historical Data

The historical data trend for Royal Caribbean Group's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Caribbean Group Debt-to-Asset Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.62 0.67 0.71 0.63

Royal Caribbean Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.64 0.63 0.63 0.60

Competitive Comparison of Royal Caribbean Group's Debt-to-Asset

For the Travel Services subindustry, Royal Caribbean Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Caribbean Group's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's Debt-to-Asset falls into.



Royal Caribbean Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Royal Caribbean Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1636.845 + 18656.365) / 32215.127
=0.63

Royal Caribbean Group's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1569.52 + 17920.68) / 32374.8
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Royal Caribbean Group  (FRA:RC8) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Royal Caribbean Group Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Royal Caribbean Group's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Caribbean Group (FRA:RC8) Business Description

Traded in Other Exchanges
Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.

Royal Caribbean Group (FRA:RC8) Headlines

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