Royal Caribbean Gr's Debt Overview
Portfolio Pulse from Benzinga Insights
Shares of Royal Caribbean Gr Inc. (NYSE:RCL) have increased by 70.04% over the past three months. The company's total debt stands at $21.46 billion, with net debt at $20.23 billion after adjusting for $1.23 billion in cash-equivalents. The company's debt-ratio is 0.65, indicating a significant portion of its assets are funded by debt. While debt can help a company grow, it also increases the risk of defaulting on loans and can negatively impact cash-flow due to interest-payment obligations.
July 21, 2023 | 6:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Royal Caribbean's shares have increased significantly, but the company carries a high level of debt. This could impact its financial stability, especially if interest rates rise.
The rise in Royal Caribbean's shares indicates positive investor sentiment. However, the company's high debt level, reflected in a debt-ratio of 0.65, could pose risks. If interest rates rise, the company may struggle to meet its debt obligations, which could negatively impact its financial stability and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100