USD -210 Mil as of today(2020-07-13). In depth view into Carnival Interest Expense explanation, calculation, historical data and more" />CCL Interest Expense | Carnival - GuruFocus.com
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Carnival Interest Expense

: USD -210 Mil (TTM As of Feb. 2020)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carnival's interest expense for the three months ended in Feb. 2020 was USD -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2020 was USD -210 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Carnival's Operating Income for the three months ended in Feb. 2020 was USD 19 Mil. Carnival's Interest Expense for the three months ended in Feb. 2020 was USD -55 Mil. Carnival's Interest Coverage for the quarter that ended in Feb. 2020 was 0.35. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Carnival Interest Expense Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Carnival Annual Data
Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -217.00 -223.00 -198.00 -194.00 -206.00

Carnival Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
Interest Expense 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 -51.00 -54.00 -52.00 -49.00 -55.00

Carnival Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2020 was -54 (May. 2019 ) + -52 (Aug. 2019 ) + -49 (Nov. 2019 ) + -55 (Feb. 2020 ) = USD -210 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Carnival  (NYSE:CCL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Carnival's Interest Expense for the three months ended in Feb. 2020 was USD -55 Mil. Its Operating Income for the three months ended in Feb. 2020 was USD 19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2020 was USD 11,050 Mil.

Carnival's Interest Coverage for the quarter that ended in Feb. 2020 is calculated as

Interest Coverage=-1*Operating Income (Q: Feb. 2020 )/Interest Expense (Q: Feb. 2020 )
=-1*19/-55
=0.35

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The higher the ratio, the stronger the company's financial strength is.


Carnival Interest Expense Headlines

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