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CCLCarnival Corporation & plc

Debt to Assets Ratio: 50.11%

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Is the debt to assets ratio high or low?

The debt to assets ratio of 50.11% is 19% below its 5-year average of 61.79%, near the low end of its 5-year range (50.11%–70.10%).

As of Sunday, June 28, 2026. 6.05% below its 12-month average of 53.33%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

CCL Debt to Assets Ratio

50.11%

Reported quarterly debt to assets ratio; no daily interpolation.

-17.86% 5Y
CCL Debt to Assets Ratio

CCL Average Debt to Assets Ratio Chart

CCL Debt to Assets Ratio

CCL Current vs Average Debt to Assets Ratio Chart

CCL Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

50.11%

DEBT TO ASSETS RATIO AVG TTM

53.33%

DEBT TO ASSETS RATIO AVG 3Y

59.16%

DEBT TO ASSETS RATIO AVG 5Y

61.79%

DEBT TO ASSETS RATIO AVG 10Y

46.19%

DEBT TO ASSETS RATIO AVG 15Y

38.76%

DEBT TO ASSETS RATIO AVG 20Y

35.73%

CURRENT VS TTM AVG

-6.05%

CURRENT VS 3Y AVG

-15.30%

CURRENT VS 5Y AVG

-18.91%

CURRENT VS 10Y AVG

+8.48%

CURRENT VS 15Y AVG

+29.26%

CURRENT VS 20Y AVG

+40.23%

CCL Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Carnival Corporation & plc (CCL)$39.88B50.11%53.33%59.16%61.79%
Chipotle Mexican Grill, Inc. (CMG)vs ›$42.75B1.10%N/AN/AN/A
Yum! Brands, Inc. (YUM)vs ›$43.10B1.45%N/AN/AN/A
JD.com, Inc. (JD)vs ›$34.29B0.15%N/AN/AN/A
D.R. Horton, Inc. (DHI)vs ›$47.16B0.17%N/AN/AN/A
eBay Inc. (EBAY)vs ›$47.89B0.42%N/AN/AN/A
Las Vegas Sands Corp. (LVS)vs ›$31.22B0.74%N/AN/AN/A
Expedia Group, Inc. (EXPE)vs ›$30.09B0.27%N/AN/AN/A
Tapestry, Inc. (TPR)vs ›$29.50B0.59%N/AN/AN/A
Casey's General Stores, Inc. (CASY)vs ›$28.81B0.32%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

50.1%

Debt/Equity

2.28

Current Ratio

0.32

Interest Coverage

3.3x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Carnival Corporation & plc (CCL)?
The debt to assets ratio for CCL stock is 50.11%.
Is Carnival Corporation & plc's debt to assets ratio high or low?
The debt to assets ratio of 50.11% is 19% below its 5-year average of 61.79%, near the low end of its 5-year range (50.11%–70.10%).
What is the TTM average debt to assets ratio for Carnival Corporation & plc (CCL)?
The TTM average debt to assets ratio for CCL stock is 53.33%.
What is the 3Y average debt to assets ratio for Carnival Corporation & plc (CCL)?
The 3Y average debt to assets ratio for CCL stock is 59.16%.
What is the 5Y average debt to assets ratio for Carnival Corporation & plc (CCL)?
The 5Y average debt to assets ratio for CCL stock is 61.79%.
What is the 10Y average debt to assets ratio for Carnival Corporation & plc (CCL)?
The 10Y average debt to assets ratio for CCL stock is 46.19%.
What is the 15Y average debt to assets ratio for Carnival Corporation & plc (CCL)?
The 15Y average debt to assets ratio for CCL stock is 38.76%.
What is the 20Y average debt to assets ratio for Carnival Corporation & plc (CCL)?
The 20Y average debt to assets ratio for CCL stock is 35.73%.

CCL Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-05-3150.11%
2026-02-2851.60%
2025-11-3054.16%
2025-08-3154.81%
2025-05-3155.99%
2025-02-2858.50%
2024-11-3058.86%
2024-08-3160.78%
2024-05-3161.80%
2024-02-2964.34%
2023-11-3064.92%
2023-08-3165.58%
2023-05-3167.62%
2023-02-2870.10%
2022-11-3069.40%
2022-08-3167.96%
2022-05-3168.68%
2022-02-2868.00%
2021-11-3064.88%
2021-08-3161.00%
2021-05-3158.54%
2021-02-2857.19%
2020-11-3052.95%
2020-08-3151.84%
2020-05-3144.66%
2020-02-2930.71%
2019-11-3025.53%
2019-08-3124.40%
2019-05-3125.10%
2019-02-2826.37%
2018-11-3024.35%
2018-08-3123.03%
2018-05-3123.37%
2018-02-2823.07%
2017-11-3022.55%
2017-08-3122.56%
2017-05-3123.28%
2017-02-2823.49%
2016-11-3024.14%
2016-08-3123.88%
2016-05-3123.66%
2016-02-2923.59%
2015-11-3022.39%
2015-08-3120.26%
2015-05-3121.42%
2015-02-2823.61%
2014-11-3022.99%
2014-08-3122.17%
2014-05-3123.28%
2014-02-2824.08%
2013-11-3023.84%
2013-08-3124.80%
2013-05-3124.93%
2013-02-2824.27%
2012-11-3022.73%
2012-08-3123.16%
2012-05-3125.34%
2012-02-2924.45%
2011-11-3024.21%
2011-08-3124.54%
2011-05-3124.75%
2011-02-2824.51%
2010-11-3024.98%
2010-08-3125.00%
2010-05-3127.09%
2010-02-2828.98%
2009-11-3027.28%
2009-08-3127.82%
2009-05-3128.92%
2009-02-2828.98%
2008-11-3027.97%
2008-08-3126.35%
2008-05-3125.99%
2008-02-2922.82%
2007-11-3025.90%
2007-08-3122.33%
2007-05-3123.98%
2007-02-2825.08%
2006-11-3025.68%
2006-08-3125.31%
2006-05-3134.81%
2006-02-2832.33%
2005-11-3025.86%
2005-08-3133.66%
2005-05-3127.39%
2005-02-2828.14%
2004-11-3028.78%
2004-08-3128.41%
2004-05-3130.22%
2004-02-2930.69%
2003-11-3030.23%
2003-08-3129.92%
2003-05-3130.19%
2003-02-2826.50%
2002-11-3025.69%
2002-08-3125.17%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Carnival Corporation & plc

Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.

Miami, FL
160,000 employees
www.carnivalcorp.com
Consumer Cyclical / Leisure
Sector
Consumer Cyclical
Industry
Leisure
CEO
Joshua Ian Weinstein
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