Carnival Balance Sheet

CCL / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)

Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.

At a glance

Total Assets

$51.7B

FY2025

Cash

$1.9B

Cash and equivalents

Total Debt

$27.4B

FY2025

Shareholder Equity

$12.3B

FY2025

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Carnival had $51.7B in total assets and $12.3B in shareholders' equity as of FY2025. Total debt was $27.4B against $1.9B in cash, resulting in $25.5B net debt.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score NaN (distress zone, below 1.23 threshold)
Cash-backed earnings: Operating cash flow exceeds net income
High leverage: Debt-to-equity ratio of 2.23

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Cash & Equivalents	$1.9B	$1.2B	$2.4B	$4.0B	$8.9B	$9.5B	$518.0M	$982.0M	$395.0M	$603.0M	$1.4B	$331.0M	$462.0M	$465.0M	$450.0M
Inventory	$505.0M	$507.0M	$528.0M	$428.0M	$356.0M	$335.0M	$427.0M	$450.0M	$387.0M	$322.0M	$330.0M	$349.0M	$374.0M	$390.0M	$374.0M
Current Assets	$4.2B	$3.4B	$5.3B	$7.5B	$10.1B	$10.6B	$2.1B	$2.2B	$1.6B	$1.7B	$2.5B	$1.5B	$1.9B	$1.8B	$1.3B
PP&E (Net)	$43.5B	$41.8B	$40.1B	$38.7B	$38.1B	$38.1B	$38.1B	$35.3B	$34.4B	$32.4B	$31.8B	$32.8B	$32.9B	$32.1B	$32.1B
Goodwill	$579.0M	$579.0M	$579.0M	$579.0M	$579.0M	$807.0M	$2.9B	$2.9B	$3.0B	$2.9B	$3.0B	$3.1B	$3.2B	$3.2B	$3.3B
Total Assets	$51.7B	$49.1B	$49.1B	$51.7B	$53.3B	$53.6B	$45.1B	$42.4B	$40.8B	$38.9B	$39.2B	$39.4B	$40.0B	$39.2B	$38.6B
Current Liabilities	$13.1B	$11.6B	$11.5B	$10.6B	$10.4B	$8.7B	$9.1B	$9.2B	$8.8B	$7.1B	$7.0B	$6.9B	$6.7B	$7.3B	$6.1B
Total Debt	$27.4B	$28.2B	$31.3B	$35.6B	$28.5B	$22.1B	$9.7B	$7.9B	$7.0B	$8.3B	$7.4B	$7.4B	$8.1B	$8.9B	$9.4B
Shareholders' Equity	$12.3B	$9.3B	$6.9B	$7.1B	$12.1B	$20.6B	$25.4B	$24.4B	$24.2B	$22.6B	$23.8B	$24.2B	$24.5B	$23.9B	$23.8B

Other Financial Statements

Income Statement Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Carnival Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Cash & Equivalents

$1.9B

$1.2B

$2.4B

$4.0B

$8.9B

$9.5B

$518.0M

$982.0M

$395.0M

$603.0M

$1.4B

$331.0M

$462.0M

$465.0M

$450.0M

Inventory

$505.0M

$507.0M

$528.0M

$428.0M

$356.0M

$335.0M

$427.0M

$450.0M

$387.0M

$322.0M

$330.0M

$349.0M

$374.0M

$390.0M

$374.0M

Current Assets

$4.2B

$3.4B

$5.3B

$7.5B

$10.1B

$10.6B

$2.1B

$2.2B

$1.6B

$1.7B

$2.5B

$1.5B

$1.9B

$1.8B

$1.3B

PP&E (Net)

$43.5B

$41.8B

$40.1B

$38.7B

$38.1B

$35.3B

$34.4B

$32.4B

$31.8B

$32.8B

$32.9B

$32.1B

Goodwill

$579.0M

$807.0M

$2.9B

$3.0B

$2.9B

$3.0B

$3.1B

$3.2B

$3.3B

Total Assets

$51.7B

$49.1B

$51.7B

$53.3B

$53.6B

$45.1B

$42.4B

$40.8B

$38.9B

$39.2B

$39.4B

$40.0B

$39.2B

$38.6B

Current Liabilities

$13.1B

$11.6B

$11.5B

$10.6B

$10.4B

$8.7B

$9.1B

$9.2B

$8.8B

$7.1B

$7.0B

$6.9B

$6.7B

$7.3B

$6.1B

Total Debt

$27.4B

$28.2B

$31.3B

$35.6B

$28.5B

$22.1B

$9.7B

$7.9B

$7.0B

$8.3B

$7.4B

$8.1B

$8.9B

$9.4B

Shareholders' Equity

$12.3B

$9.3B

$6.9B

$7.1B

$12.1B

$20.6B

$25.4B

$24.4B

$24.2B

$22.6B

$23.8B

$24.2B

$24.5B

$23.9B

$23.8B