Royal Caribbean Cruises Ltd (RCL) — Defensive Interval Ratio

Latest as of March 2026: 16 days

Royal Caribbean Cruises Ltd (RCL) has a Defensive Interval Ratio of 16 days as of March 2026. Defensive assets of $479.00 Million (cash $-, short-term investments $-, receivables $479.00 Million) cover 16 days of daily cash needs of $30.32 Million/day. Check RCL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

16 days
Days of operational coverage

Defensive Assets

$479.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$30.32 Million
Current Liabilities ÷ 365

Current Liabilities

$11.06 Billion
USD

Royal Caribbean Cruises Ltd Defensive Interval Ratio (1991–2025)

This chart shows how Royal Caribbean Cruises Ltd's Defensive Interval Ratio has evolved across 35 annual periods from 1991 to 2025. As of March 2026, the ratio stands at 16 days, meaning defensive assets of $479.00 Million can fund 16 days of operations without new revenue. Also explore how fast is Royal Caribbean Cruises Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Royal Caribbean Cruises Ltd (1991–2025)

The table below presents the year-by-year Defensive Interval Ratio for Royal Caribbean Cruises Ltd from 1991 to 2025, covering 35 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Royal Caribbean Cruises Ltd (RCL) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 38 days $1.26 Billion $33.03 Million/day $825.00 Million $115.00 Million ▲ +10 days
2024 28 days $759.00 Million $26.90 Million/day $388.00 Million $- ▼ -8 days
2023 36 days $927.00 Million $25.76 Million/day $497.00 Million $25.00 Million ▼ -69 days
2022 105 days $2.47 Billion $23.49 Million/day $1.94 Billion $- ▼ -54 days
2021 159 days $3.16 Billion $19.96 Million/day $2.70 Billion $54.18 Million ▼ -166 days
2020 325 days $4.04 Billion $12.43 Million/day $3.68 Billion $70.08 Million ▲ +299 days
2019 26 days $571.31 Million $21.79 Million/day $243.74 Million $21.75 Million ▼ -6 days
2018 32 days $631.92 Million $19.49 Million/day $287.85 Million $19.57 Million ▼ -8 days
2017 40 days $538.07 Million $13.30 Million/day $120.11 Million $99.32 Million ▲ +6 days
2016 35 days $424.50 Million $12.17 Million/day $132.60 Million $0.00 ▲ +15 days
2015 20 days $238.97 Million $11.76 Million/day $- $0.00 ▼ -4 days
2014 25 days $261.39 Million $10.55 Million/day $- $0.00 ▲ +3 days
2013 22 days $259.75 Million $11.69 Million/day $- $0.00 ▼ -3 days
2012 25 days $281.42 Million $11.14 Million/day $- $0.00 ▼ -10 days
2011 35 days $292.45 Million $8.40 Million/day $- $0.00 ▲ +1 days
2010 34 days $323.20 Million $9.44 Million/day $- $56.49 Million ▼ -26 days
2009 60 days $452.90 Million $7.53 Million/day $- $114.09 Million ▲ +12 days
2008 48 days $353.22 Million $7.33 Million/day $- $81.94 Million ▼ -34 days
2007 82 days $527.53 Million $6.41 Million/day $- $213.89 Million ▲ +39 days
2006 43 days $222.03 Million $5.13 Million/day $- $36.15 Million ▲ +26 days
2005 17 days $95.25 Million $5.45 Million/day $- $- ▲ +4 days
2004 14 days $84.90 Million $6.23 Million/day $- $- ▼ -8 days
2003 22 days $89.49 Million $4.12 Million/day $- $- ▼ -3 days
2002 25 days $79.53 Million $3.21 Million/day $- $- ▲ +1 days
2001 24 days $72.20 Million $3.05 Million/day $- $- ▲ +2 days
2000 21 days $53.61 Million $2.50 Million/day $- $- ▼ 0 days
1999 22 days $53.46 Million $2.48 Million/day $- $- ▲ +7 days
1998 15 days $36.53 Million $2.44 Million/day $- $- ▲ +6 days
1997 9 days $22.60 Million $2.44 Million/day $- $- ▼ -5 days
1996 14 days $15.50 Million $1.11 Million/day $- $- ▼ 0 days
1995 14 days $12.20 Million $845.48K/day $- $- ▲ +2 days
1994 13 days $9.40 Million $746.03K/day $- $- ▲ +5 days
1993 8 days $7.50 Million $963.84K/day $- $- ▼ -2 days
1992 10 days $11.00 Million $1.10 Million/day $- $- ▼ 0 days
1991 10 days $9.70 Million $933.70K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)