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CCL Price Correlated With Financials For Carnival

Free historical financial statements for Carnival Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 49 quarters since 2010. Compare with CCL stock chart to see long term trends.

CCL Stock Compared to Quarterly

CCL Income Statement

Revenue, Net:1623000000
Revenue Per Share:1.4274
Cost of Goods & Services Sold:2030000000
Selling, General & Admin Expense:530000000
Total Operating Expenses:3114000000
Operating Income:-1888000000
Income Taxes:3000000
Net Income:-1891000000
Earnings Per Share, Basic:-1.66
Shares Outstanding, Basic Avg:1137000000

CCL Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:554000000
Net Cash from Operations:-1212000000
Net Cash from Operations Per Share:-1.066
Repurchases/Buybacks Common Stock:null
Cash Dividends Paid:null
Net Cash from Financing Activities:1728000000
Property, Plant & Equipment Purchases:2730000000
Net Cash from Investing Activities:-3032000000
Net Change in Cash & Equivalents:-2524000000

CCL Balance Sheet

Cash and Cash Equivalents:7200000000
Short-Term Investments:515000000
Total Current Assets:8057000000
Property, Plant & Equipment, Net:40183000000
Total Assets:53281000000
Accounts Payable:772000000
Current Portion of Long-Term Debt:2272000000
Total Short-Term Liabilities:10920000000
Long Term Debt, Non-Current Portion:29887000000

Insider Trading

SEC Form 4
100,000 sh at $12

Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
Vanguard Group Inc
90,114,182 sh
3,122,603 sh
Blackrock Inc.
50,733,018 sh
1,068,623 sh
Truist Financial Corp
36,695,549 sh
-992 sh
Geode Capital Management, LLC
15,404,653 sh
721,806 sh
Primecap Management Co/Ca/
14,448,724 sh
-9,300 sh
Northern Trust Corp
13,048,649 sh
-155,622 sh
Bank Of Montreal /Can/
9,477,073 sh
7,409,773 sh
Bank Of Montreal /Can/
Put options for 8,705,400 sh
8,705,400 sh
Neuberger Berman Group LLC
7,178,301 sh
2,073,685 sh
Twin Tree Management, Lp
Put options for 6,627,400 sh
6,627,400 sh
Invesco Ltd.
6,397,172 sh
6,357,172 sh
Bank Of New York Mellon Corp
5,528,528 sh
-75,290 sh
Morgan Stanley
5,522,090 sh
-181,979 sh
Dimensional Fund Advisors LP
4,734,230 sh
93,169 sh
Charles Schwab Investment Management Inc
4,550,068 sh
262,027 sh
Citigroup Inc
3,901,200 sh
3,361,200 sh
Allianz Asset Management Gmbh
3,792,651 sh
3,792,651 sh
Swiss National Bank
3,611,827 sh
465,500 sh
3,398,262 sh
-108,320 sh
Peak6 Investments LLC
Put options for 3,258,400 sh
3,258,400 sh
General Description of Business

Carnival Corporation was incorporated in Panama in 1974 and Carnival plc was incorporated in England and Wales in 2000. Together with their consolidated subsidiaries, they are referred to collectively in these consolidated financial statements and elsewhere in this 2021 Annual Report as “Carnival Corporation & plc,” “our,” “us” and “we.” The consolidated financial statements include the accounts of Carnival Corporation and Carnival plc and their respective subsidiaries.

We are a leisure travel company with a portfolio of nine of the world’s leading cruise lines. With operations in North America, Australia, Europe and Asia, our portfolio features – Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.

DLC Arrangement

Carnival Corporation and Carnival plc operate a dual listed company (“DLC”) arrangement, whereby the businesses of Carnival Corporation and Carnival plc are combined through a number of contracts and provisions in Carnival Corporation’s Articles of Incorporation and By-Laws and Carnival plc’s Articles of Association. The two companies operate as a single economic enterprise with a single senior executive management team and identical Boards of Directors, but each has retained its separate legal identity. Each company’s shares are publicly traded on the New York Stock Exchange (“NYSE”) for Carnival Corporation and the London Stock Exchange for Carnival plc. The Carnival plc American Depositary Shares are traded on the NYSE.

The constitutional documents of each company provide that, on most matters, the holders of the common equity of both companies effectively vote as a single body. The Equalization and Governance Agreement between Carnival Corporation and Carnival plc provides for the equalization of dividends and liquidation distributions based on an equalization ratio and contains provisions relating to the governance of the DLC arrangement. Because the equalization ratio is 1 to 1, one share of Carnival Corporation common stock and one Carnival plc ordinary share are generally entitled to the same distributions.

Under deeds of guarantee executed in connection with the DLC arrangement, as well as stand-alone guarantees executed since that time, each of Carnival Corporation and Carnival plc have effectively cross guaranteed all indebtedness and certain other monetary obligations of each other. Once the written demand is made, the holders of indebtedness or other obligations may immediately commence an action against the relevant guarantor.

Under the terms of the DLC arrangement, Carnival Corporation and Carnival plc are permitted to transfer assets between the companies, make loans to or investments in each other and otherwise enter into intercompany transactions. In addition, the cash flows and assets of one company are required to be used to pay the obligations of the other company, if necessary.

Given the DLC arrangement, we believe that providing separate financial statements for each of Carnival Corporation and Carnival plc would not present a true and fair view of the economic realities of their operations. Accordingly, separate financial statements for Carnival Corporation and Carnival plc have not been presented.

Liquidity and Management’s Plans

In the face of the global impact of COVID-19, we paused our guest cruise operations in mid-March 2020. As of January 13, 2022, eight of our nine brands, or 67% of capacity, had resumed guest cruise operations as part of our gradual return to service. The extent of the effects of COVID-19 on our business are uncertain and will depend on future developments, including, but not limited to, the duration and continued severity of COVID-19 and the length of time it takes to return the company to profitability. The ongoing effects of COVID-19 have had, and will continue to have, a material negative impact on our financial results a

Data imported from Carnival Corp SEC filings. Check original filings before making any investment decision.