CUK (Carnival) Long-Term Capital Lease Obligation : $1,209 Mil (As of Feb. 2025)

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What is Carnival Long-Term Capital Lease Obligation?

Carnival's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was $1,209 Mil.

Carnival's quarterly Long-Term Capital Lease Obligation declined from Aug. 2024 ($1,258 Mil) to Nov. 2024 ($1,239 Mil) and declined from Nov. 2024 ($1,239 Mil) to Feb. 2025 ($1,209 Mil).

Carnival's annual Long-Term Capital Lease Obligation declined from Nov. 2022 ($1,189 Mil) to Nov. 2023 ($1,170 Mil) but then increased from Nov. 2023 ($1,170 Mil) to Nov. 2024 ($1,239 Mil).

Carnival Long-Term Capital Lease Obligation Historical Data

The historical data trend for Carnival's Long-Term Capital Lease Obligation 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.

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Carnival Long-Term Capital Lease Obligation Chart

Carnival Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Long-Term Capital Lease Obligation

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1,273.00

1,239.00

1,189.00

1,170.00

1,239.00

Carnival Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,138.00	1,174.00	1,258.00	1,239.00	1,209.00

Carnival (NYSE:CUK) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Carnival Long-Term Capital Lease Obligation Related Terms

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Carnival Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Carnival PLC (NYSE:CUK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CUKPF:USA CCL:Mexico CCLl:UK CCL:UK POH1:Germany

Address

Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST

Website

https://www.carnivalplc.com

Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.

Executives

David Bernstein	officer: Sr. Vice President & CFO	3655 NW 87TH AVENUE, MIAMI FL 33178
Sir Jonathon Band	director	33 AUCKLAND ROAD EAST, SOUTHSEA, HAMPSHIRE X0 POS 2HB
Randall J Weisenburger	director	C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Bettina Alejandra Deynes	officer: Chief Human Resources Officer	92 SW 3RD STREET, UNIT 4812, MIAMI FL 33130
Bessemer Trust Co Of Delaware, N.a.	10 percent owner, other: See Remarks	20 MONTCHANIN ROAD, SUITE 1500, WILMINGTON DE 19807
Sara Mathew	director	CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
William Richard Burke	officer: Chief Maritime Officer	6301 COLLINS AVENUE, APT. 1903, MIAMI BEACH FL 33141
Joshua Ian Weinstein	director, officer: President & CEO	3273 COACOOCHEE STREET, MIAMI FL 33133
Sir John Parker	director
Arnold W Donald	director	C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Michael Olaf Thamm	officer: CEO - Costa Crociere	COSTA CROCIERE SPA, PIAZZA PICCAPIETRA, 48, GENOVA L6 16121
Enrique Miguez	officer: General Counsel	3600 DURANGO STREET, CORAL GABLES FL 33134
Arnaldo Perez	officer: SVP, Gen Counsel & Secretary	3655 NW 87TH AVE, C/O CARNIVAL CORP, MIAMI FL 33178-2428
Peter C. Anderson	officer: Chief Ethics & Compliance	1541 BRICKELL AVENUE, UNIT B-2604, MIAMI FL 33129
Richard Glasier	director	219 PIASA ST, ALTON IL 62002