Carnival Corporation & plc (POH1) — Tangible Net Worth Ratio
Carnival Corporation & plc (POH1) has a Tangible Net Worth Ratio of 90.9% as of February 2026. This metric is calculated by deducting intangible assets (€1.18 Billion) from net assets (€13.05 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Carnival Corporation & plc (POH1) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Carnival Corporation & plc Tangible Net Worth Ratio (2014–2025)
This chart shows how Carnival Corporation & plc's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of February 2026, the ratio stands at 90.9%, reflecting net assets of €13.05 Billion with intangible assets of €1.18 Billion EUR. See Carnival Corporation & plc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Carnival Corporation & plc (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Carnival Corporation & plc from 2014 to 2025, covering 12 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see POH1 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.4% | €12.28 Billion | €1.18 Billion | €51.69 Billion | ▲ +3.0 pp |
| 2024 | 87.4% | €9.25 Billion | €1.16 Billion | €49.06 Billion | ▲ +4.4 pp |
| 2023 | 83.0% | €6.88 Billion | €1.17 Billion | €49.12 Billion | ▼ -0.6 pp |
| 2022 | 83.6% | €7.06 Billion | €1.16 Billion | €51.70 Billion | ▼ -6.6 pp |
| 2021 | 90.3% | €12.14 Billion | €1.18 Billion | €53.34 Billion | ▼ -4.0 pp |
| 2020 | 94.2% | €20.55 Billion | €1.19 Billion | €53.59 Billion | ▼ -1.1 pp |
| 2019 | 95.4% | €25.36 Billion | €1.17 Billion | €45.06 Billion | ▲ +0.2 pp |
| 2018 | 95.2% | €24.44 Billion | €1.18 Billion | €42.40 Billion | ▲ +0.1 pp |
| 2017 | 95.0% | €24.22 Billion | €1.20 Billion | €40.78 Billion | ▲ +0.7 pp |
| 2016 | 94.4% | €22.60 Billion | €1.27 Billion | €38.94 Billion | ▼ -0.1 pp |
| 2015 | 94.5% | €23.77 Billion | €1.31 Billion | €39.24 Billion | ▼ -0.3 pp |
| 2014 | 94.8% | €24.20 Billion | €1.27 Billion | €39.45 Billion | — |