Bullboard - Stock Discussion Forum Carnival Corp CCL

Consumer Cyclical Lodging

Carnival Corporation is a leisure travel company. The Company’s portfolio of cruise lines, including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn. The Company's segment includes North America and Australia (NAA), Europe, Cruise Support and Tour and Other. The NAA Segment include Carnival... see more

Add To Watchlist

NYSE:CCL - Post Discussion

Carnival Corp > Results Suck - Though Not As Bad As Expected

View:

Post by DeanEdmonton on Mar 27, 2023 12:02pm

Results Suck - Though Not As Bad As Expected

Still lost a ton of mopney at -690 million for the quarter, and added another 1.2 Billion in debt to what is already a huge pile of Debt. Now just north of 36 BILLION on 45 Billion of hard assets. Not much wonder it is dropping after the announcement.

121

Comment

Comment by DeanEdmonton on Mar 28, 2023 9:41am

I unnderstated their total Debt, it is actually 45.8 Billion, not 36, so more than a dollar of debt for every dollar of hard assets. The interest expense alone is now over $530 million a quarter.

Comment

Carnival Corp