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 Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia) and Seabourn. The Europe Segment include Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (UK) and Cunard. Its Cruise Support segment includes its portfolio of port destinations and other services. Its Tour and Other segment represent the hotel and transportation operations of Holland America Princess Alaska Tours and other operations. Its tour company owns and operates hotels, lodges, glass-domed railcars and motorcoaches which comprise its Tour and Other segment.

NYSE:CCL - Post by User

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

<< Previous

Bullboard Posts

Next >>

Comment by DeanEdmontonon Mar 28, 2023 9:41am

82 Views

Post# 35364288

RE:Results Suck - Though Not As Bad As Expected

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.

DeanEdmonton wrote: 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.

<< Previous

Bullboard Posts

Next >>

Pro Women’s Hockey League comes to NHL 25 in December