Carnival (LIM:CCL) Long-Term Debt: $23,418 Mil (As of May. 2026)


LIM:CCL Carnival Corporation Ltd LIM:CCL
64 GF Score
Price $25.60
GF Value $22.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carnival Long-Term Debt?

Carnival LIM:CCL 64 Long-Term Debt is $23,418 Mil as of May. 2026. GuruFocus rates LIM:CCL with a GF Score™ of 64/100 and a GF Value™ of $22.06 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Carnival's Long-Term Debt for the quarter that ended in May. 2026 was $23,418 Mil.

Carnival's quarterly Long-Term Debt declined from Nov. 2025 ($24,037 Mil) to Feb. 2026 ($23,788 Mil) and declined from Feb. 2026 ($23,788 Mil) to May. 2026 ($23,418 Mil).

Carnival's annual Long-Term Debt declined from Nov. 2023 ($28,483 Mil) to Nov. 2024 ($25,936 Mil) and declined from Nov. 2024 ($25,936 Mil) to Nov. 2025 ($24,037 Mil).

Carnival  (LIM:CCL) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Carnival Long-Term Debt Related Terms

Carnival Long-Term Debt Historical Data

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

Carnival Long-Term Debt Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28,509.00 31,953.00 28,483.00 25,936.00 24,037.00

Carnival Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Long-Term Debt Get a 7-Day Free Trial 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 25,862.00 25,064.00 24,037.00 23,788.00 23,418.00
LIM:CCL
64GF Score
Carnival Corporation Ltd LIM:CCL
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $23,418 Mil mean?
Carnival (LIM:CCL) has a Long-Term Debt of $23,418 Mil as of May. 2026.
Is Carnival's Long-Term Debt too high?
Carnival's current Long-Term Debt is $23,418 Mil. Overall, Carnival has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival's Long-Term Debt compare to VIK and EXPE?
Carnival's Long-Term Debt of $23,418 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Travel & Leisure company?
A good Long-Term Debt depends on the Travel & Leisure industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Carnival's current Long-Term Debt is $23,418 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival stock overvalued right now?
Based on GuruFocus' analysis, Carnival (LIM:CCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.06, compared to a current price of $25.60 — trading 16% above its estimated fair value. The current Long-Term Debt is $23,418 Mil. Carnival's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Carnival (LIM:CCL), the current Long-Term Debt is $23,418 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carnival (LIM:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of $25.60 is trading 16% above its estimated GF Value™ of $22.06. GuruFocus considers Carnival to be Modestly Overvalued.

Key valuation signals for LIM:CCL:

  • Long-Term Debt: $23,418 Mil
  • GF Value™: $22.06 vs. price of $25.60 (16% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the LIM:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carnival Business Description

Address 3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with nearly 100 ships in service. 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 recently folded 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 nearly 14 million guests in 2025.
64GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.60
Price
$22.06
GF Value