Royal Caribbean Cruises Ltd (RCL)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 37,070,000 37,067,000 36,974,000 35,190,000 35,131,000 32,768,700 32,923,300 32,870,500 33,776,400 33,464,200 33,943,200 32,940,000 32,258,400 32,665,600 33,692,000 34,347,100 32,465,200 31,828,800 33,306,500 33,445,100
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $37,070,000K
= 0.00

Royal Caribbean Cruises Ltd has consistently maintained a debt-to-assets ratio of 0.00% from March 2020 to December 2024. This indicates that the company has not utilized debt significantly to finance its assets during the specified period. A debt-to-assets ratio of 0.00% suggests that the company's assets are primarily financed by equity rather than debt, which can be seen as a positive sign of financial stability and lower financial risk. However, it's important to consider that a very low debt-to-assets ratio may potentially limit the company's ability to take advantage of leverage for growth opportunities or to optimize its capital structure for tax benefits.


See also:

Royal Caribbean Cruises Ltd Debt to Assets (Quarterly Data)