Royal Caribbean Cruises Ltd (RCL) — Defensive Interval Ratio
Royal Caribbean Cruises Ltd (RCL) has a Defensive Interval Ratio of 14 days as of June 2026. Defensive assets of $441.00 Million (cash $-, short-term investments $-, receivables $441.00 Million) cover 14 days of daily cash needs of $31.93 Million/day. Explore long-term investment intensity of Royal Caribbean Cruises Ltd to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 14 days, meaning defensive assets of $441.00 Million can fund 14 days of operations without new revenue. Read debt load of Royal Caribbean Cruises Ltd for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see RCL current and non-current assets.
| 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 | $- | $- | — |