Carnival (MEX:CCL) LT-Debt-to-Total-Asset: 0.48 (As of Feb. 2026)

What is Carnival LT-Debt-to-Total-Asset?

Carnival MEX:CCL 76 LT-Debt-to-Total-Asset is 0.48 as of Feb. 2026. GuruFocus rates MEX:CCL with a GF Score™ of 76/100 and a GF Value™ of MXN352.19. The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Carnival's long-term debt to total assests ratio for the quarter that ended in Feb. 2026 was 0.48.

Carnival's long-term debt to total assets ratio declined from Feb. 2025 (0.55) to Feb. 2026 (0.48). It may suggest that Carnival is progressively becoming less dependent on debt to grow their business.

Carnival (MEX:CCL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Carnival LT-Debt-to-Total-Asset Related Terms

Carnival LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Carnival's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Carnival Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

LT-Debt-to-Total-Asset

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0.56

0.64

0.60

0.55

0.49

Carnival Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.55	0.53	0.52	0.49	0.48

76GF Score

Carnival PLC MEX:CCL

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Carnival LT-Debt-to-Total-Asset Calculation

Carnival's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2025 is calculated as

LT Debt to Total Assets (A: Nov. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2025 )	/	Total Assets (A: Nov. 2025 )
	=	461944.322	/	946917.16
	=	0.49

Carnival's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (Q: Feb. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2026 )	/	Total Assets (Q: Feb. 2026 )
	=	429380.934	/	888019.837
	=	0.48

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.48 mean?

Carnival (MEX:CCL) has a LT-Debt-to-Total-Asset of 0.48 as of Feb. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Carnival and its competitors.

Is Carnival's LT-Debt-to-Total-Asset too high?

Carnival's current LT-Debt-to-Total-Asset is 0.48. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.

How does Carnival's LT-Debt-to-Total-Asset compare to CCL and VIK?

Carnival's LT-Debt-to-Total-Asset of 0.48 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 LT-Debt-to-Total-Asset for a Travel & Leisure company?

A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Carnival and its competitors. Carnival's current LT-Debt-to-Total-Asset is 0.48. 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?

Carnival (MEX:CCL) has a current LT-Debt-to-Total-Asset of 0.48. The stock's GF Value™ is MXN352.19, compared to a current price of MXN438.26 — trading 24.4% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.48. Carnival's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Carnival (MEX:CCL), the current LT-Debt-to-Total-Asset is 0.48 as of Feb. 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 (MEX:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of MXN438.26 is trading 24.4% above its estimated GF Value™ of MXN352.19.

Key valuation signals for MEX:CCL:

LT-Debt-to-Total-Asset: 0.48
GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
GF Score™: 76/100 with 3 warning signs

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

Carnival Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies CCL VIK TCOM EXPE NCLH GBTG TNL MMYT LIND PRSU BKNG ABNB RCL STU:POH1 HKSE:00780 BOM:542830 XTER:TUI1 LSE:JET2 XMAD:HBX SAU:1810

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

Website https://www.carnivalplc.com

Carnival PLC 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.

76GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN438.26

Price

MXN352.19

GF Value

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