Carnival (LIM:CCL) Total Liabilities: $39,245 Mil (As of May. 2026)


LIM:CCL Carnival Corporation Ltd LIM:CCL
64 GF Score
Price $25.60
GF Value $21.69
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carnival Total Liabilities?

Carnival LIM:CCL 64 Total Liabilities is $39,245 Mil as of May. 2026. GuruFocus rates LIM:CCL with a GF Score™ of 64/100 and a GF Value™ of $21.69 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Carnival's Total Liabilities for the quarter that ended in May. 2026 was $39,245 Mil.

Carnival's quarterly Total Liabilities declined from Nov. 2025 ($39,403.00 Mil) to Feb. 2026 ($38,518.00 Mil) but then increased from Feb. 2026 ($38,518.00 Mil) to May. 2026 ($39,245.00 Mil).

Carnival's annual Total Liabilities declined from Nov. 2023 ($42,237.00 Mil) to Nov. 2024 ($39,805.00 Mil) and declined from Nov. 2024 ($39,805.00 Mil) to Nov. 2025 ($39,403.00 Mil).

Carnival Total Liabilities Historical Data

* Premium members only.

The historical data trend for Carnival's Total Liabilities 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 Total Liabilities Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,200.00 44,639.00 42,237.00 39,805.00 39,403.00

Carnival Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Liabilities 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 41,157.00 38,903.00 39,403.00 38,518.00 39,245.00
LIM:CCL
64GF Score
Carnival Corporation Ltd LIM:CCL
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnival Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Carnival's Total Liabilities for the fiscal year that ended in Nov. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=13092+(25215+1096
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=39,403

Total Liabilities=Total Assets (A: Nov. 2025 )-Total Equity (A: Nov. 2025 )
=51687-12284
=39,403

Carnival's Total Liabilities for the quarter that ended in May. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=13434+(24531+1280
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=39,245

Total Liabilities=Total Assets (Q: May. 2026 )-Total Equity (Q: May. 2026 )
=52228-12983
=39,245

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $39,245 Mil mean?
Carnival (LIM:CCL) has a Total Liabilities of $39,245 Mil as of May. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Carnival and its competitors.
Is Carnival's Total Liabilities too high?
Carnival's current Total Liabilities is $39,245 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 Total Liabilities compare to VIK and EXPE?
Carnival's Total Liabilities of $39,245 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 Total Liabilities for a Travel & Leisure company?
A good Total Liabilities depends on the Travel & Leisure industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Carnival and its competitors. Carnival's current Total Liabilities is $39,245 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 $21.69, compared to a current price of $25.60 — trading 18% above its estimated fair value. The current Total Liabilities is $39,245 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 Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Carnival (LIM:CCL), the current Total Liabilities is $39,245 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 18% above its estimated GF Value™ of $21.69. GuruFocus considers Carnival to be Modestly Overvalued.

Key valuation signals for LIM:CCL:

  • Total Liabilities: $39,245 Mil
  • GF Value™: $21.69 vs. price of $25.60 (18% 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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Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.60
Price
$21.69
GF Value