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Royal Caribbean Group (Royal Caribbean Group) Total Current Liabilities

: $9,401 Mil (As of Dec. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Royal Caribbean Group's total current liabilities for the quarter that ended in Dec. 2023 was $9,401

Royal Caribbean Group Total Current Liabilities Historical Data

The historical data trend for Royal Caribbean Group's Total Current Liabilities 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,952.90 4,537.12 7,285.68 8,573.00 9,401.00

Royal Caribbean Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities 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 Premium Member Only Premium Member Only Premium Member Only 8,573.00 9,441.54 9,666.87 9,241.69 9,401.00

Royal Caribbean Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Royal Caribbean Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2270+1785
+Other Current Liabilities+Current Deferred Liabilities
=35+5311
=9,401

Royal Caribbean Group's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2270+1785
+Other Current Liabilities+Current Deferred Liabilities
=35+5311
=9,401

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Royal Caribbean Group Total Current Liabilities Related Terms

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Royal Caribbean Group (Royal Caribbean Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (NYSE:RCL) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
RCL:Mexico RC8:Germany RC8:Germany R1CL34:Brazil
Address
1050 Caribbean Way, Miami, FL, USA, 33132
Website
https://www.rclcorporate.com
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.
Executives
Arne Alexander Wilhelmsen director ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara officer: EVP, Maritime ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael W Bayley officer: EVP, International ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge officer: President, Celebrity Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Henry L Pujol officer: Vice President, Controller ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Naftali Holtz officer: Chief Financial Officer 1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake officer: SVP, CLO, Secretary & CCO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jason T Liberty officer: President and CEO GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Vagn O Sorensen director ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael O Leavitt director LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Lisa Lutoff-perlo officer: EVP, Operations, RCI 1050 CARIBBEAN WAY, MIAMI FL 33132
Bradley H Stein officer: SVP, GC & Chief Compliance Off 1050 CARIBBEAN WAY, MIAMI FL 33132
Roberto Martinoli officer: Pres & CEO, Silversea Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132