Carnival PLC (CCL) — Cash Flow-to-Debt Ratio

Latest as of February 2026: 0.03x

Carnival PLC (CCL) has a Cash Flow-to-Debt Ratio of 0.03x as of February 2026, meaning its operating cash flow of GBX1.25 Billion could theoretically repay 0% of its total liabilities (GBX38.41 Billion) in one year. See Carnival PLC free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.03x
Operating CF / Total Liabilities

Operating Cash Flow

GBX1.25 Billion
GBX

Total Liabilities

GBX38.41 Billion
GBX

Data as of

Feb 2026
Most recent filing

Carnival PLC Cash Flow-to-Debt Ratio (1991–2025)

Historical debt coverage capacity for Carnival PLC across 35 annual periods. Also explore CCL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Carnival PLC (1991–2025)

Year-by-year debt coverage analysis for Carnival PLC. For market capitalisation and broader financial context, see Carnival PLC market capitalisation.

Year CF-to-Debt Ratio Operating CF (GBX) Total Liabilities YoY Change
2025 0.16x GBX6.22 Billion GBX39.37 Billion ▲ +4.1%
2024 0.15x GBX5.92 Billion GBX39.03 Billion ▲ +49.7%
2023 0.10x GBX4.28 Billion GBX42.24 Billion ▲ +370.9%
2022 -0.04x GBX-1.67 Billion GBX44.64 Billion ▲ +62.5%
2021 -0.10x GBX-4.11 Billion GBX41.20 Billion ▲ +47.7%
2020 -0.19x GBX-6.30 Billion GBX33.04 Billion ▼ -168.6%
2019 0.28x GBX5.47 Billion GBX19.69 Billion ▼ -10.0%
2018 0.31x GBX5.55 Billion GBX17.96 Billion ▼ -3.8%
2017 0.32x GBX5.32 Billion GBX16.56 Billion ▲ +2.3%
2016 0.31x GBX5.13 Billion GBX16.34 Billion ▲ +6.9%
2015 0.29x GBX4.54 Billion GBX15.47 Billion ▲ +30.6%
2014 0.23x GBX3.43 Billion GBX15.24 Billion ▲ +23.4%
2013 0.18x GBX2.83 Billion GBX15.55 Billion ▼ -7.4%
2012 0.20x GBX3.00 Billion GBX15.23 Billion ▼ -22.6%
2011 0.25x GBX3.77 Billion GBX14.80 Billion ▼ -3.7%
2010 0.26x GBX3.82 Billion GBX14.46 Billion ▲ +16.9%
2009 0.23x GBX3.34 Billion GBX14.80 Billion ▼ -4.8%
2008 0.24x GBX3.39 Billion GBX14.30 Billion ▼ -17.2%
2007 0.29x GBX4.07 Billion GBX14.22 Billion ▼ -2.8%
2006 0.29x GBX3.63 Billion GBX12.34 Billion ▼ -1.1%
2005 0.30x GBX3.41 Billion GBX11.46 Billion ▲ +9.9%
2004 0.27x GBX3.22 Billion GBX11.88 Billion ▲ +49.9%
2003 0.18x GBX1.93 Billion GBX10.70 Billion ▼ -39.5%
2002 0.30x GBX1.47 Billion GBX4.92 Billion ▲ +19.9%
2001 0.25x GBX1.24 Billion GBX4.97 Billion ▼ -22.9%
2000 0.32x GBX1.28 Billion GBX3.96 Billion ▼ -42.8%
1999 0.56x GBX1.33 Billion GBX2.36 Billion ▲ +42.8%
1998 0.40x GBX1.09 Billion GBX2.76 Billion ▼ -17.9%
1997 0.48x GBX877.58 Million GBX1.82 Billion ▲ +34.5%
1996 0.36x GBX741.52 Million GBX2.07 Billion ▲ +7.4%
1995 0.33x GBX587.21 Million GBX1.76 Billion ▲ +8.1%
1994 0.31x GBX537.14 Million GBX1.74 Billion ▲ +2.4%
1993 0.30x GBX479.80 Million GBX1.59 Billion ▼ -3.6%
1992 0.31x GBX394.30 Million GBX1.26 Billion ▲ +34.3%
1991 0.23x GBX344.40 Million GBX1.48 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.