Carnival Corporation (CCL)
Interest coverage
| Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,121,000 | 3,670,000 | 2,004,000 | -4,471,000 | -7,921,000 |
| Interest expense | US$ in thousands | 1,349,000 | 1,755,000 | 2,066,000 | 1,609,000 | 1,601,000 |
| Interest coverage | 3.05 | 2.09 | 0.97 | -2.78 | -4.95 |
November 30, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $4,121,000K ÷ $1,349,000K
= 3.05
Peer comparison
Nov 30, 2025
Company name
Symbol
Interest coverage
Carnival Corporation
CCL
3.05
Royal Caribbean Cruises Ltd
RCL
5.34