Royal Caribbean Group (BSP:R1CL34) Cash-to-Debt : 0.02 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Royal Caribbean Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Royal Caribbean Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Royal Caribbean Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Royal Caribbean Group's Cash-to-Debt or its related term are showing as below:

BSP:R1CL34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.24
Current: 0.02

During the past 13 years, Royal Caribbean Group's highest Cash to Debt Ratio was 0.24. The lowest was 0.01. And the median was 0.02.

BSP:R1CL34's Cash-to-Debt is ranked worse than
96.7% of 819 companies
in the Travel & Leisure industry
Industry Median: 0.58 vs BSP:R1CL34: 0.02

Royal Caribbean Group Cash-to-Debt Historical Data

The historical data trend for Royal Caribbean Group's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Royal Caribbean Group Cash-to-Debt Chart

Royal Caribbean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.18

0.13

0.08

0.02

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
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.04	0.03	0.02	0.02

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

For the Travel Services subindustry, Royal Caribbean Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution in the Travel & Leisure Industry

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

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

Royal Caribbean Group Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2435.201	/	(8746.143	+	99686.431)
	=	0.02

Royal Caribbean Group's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2176.173	/	(8495.539	+	97001.524)
	=	0.02

Royal Caribbean Group (BSP:R1CL34) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Royal Caribbean Group Cash-to-Debt Related Terms

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

Royal Caribbean Group (BSP:R1CL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (BSP:R1CL34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RCL:USA RCL:Mexico RC8:Germany

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.

Royal Caribbean Group (BSP:R1CL34) Headlines

No Headlines