Carnival Corporation (CCL)
Interest coverage
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,071,000 | 4,092,000 | 3,715,000 | 3,669,000 | 3,404,000 | 2,814,000 | 2,408,000 | 2,004,000 | 423,000 | -1,498,000 | -3,099,000 | -4,472,000 | -5,594,000 | -7,698,000 | -7,860,000 | -7,921,000 | -7,534,000 | -7,644,000 | -10,224,000 | -9,358,000 |
| Interest expense (ttm) | US$ in thousands | 1,417,000 | 1,552,000 | 1,661,000 | 1,755,000 | 1,818,000 | 1,905,000 | 1,997,000 | 2,065,000 | 2,047,000 | 1,951,000 | 1,779,000 | 1,608,000 | 1,508,000 | 1,504,000 | 1,571,000 | 1,601,000 | 1,601,000 | 1,493,000 | 1,238,000 | 895,000 |
| Interest coverage | 2.87 | 2.64 | 2.24 | 2.09 | 1.87 | 1.48 | 1.21 | 0.97 | 0.21 | -0.77 | -1.74 | -2.78 | -3.71 | -5.12 | -5.00 | -4.95 | -4.71 | -5.12 | -8.26 | -10.46 |
August 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $4,071,000K ÷ $1,417,000K
= 2.87