Started By
Message

re: Carnival cruise lines

Posted on 3/17/20 at 8:14 pm to
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2953 posts
Posted on 3/17/20 at 8:14 pm to
They got a good balance sheet and all operations are ceased so they aren't bleeding money
Posted by rintintin
Life is Life
Member since Nov 2008
16203 posts
Posted on 3/17/20 at 8:31 pm to
quote:

They got a good balance sheet


I keep seeing this posted about random companies. I'm curious, do you analyze the balance sheet?

I ask because I just looked and they currently only have about $500 mil in cash, and $2 bil in current assets.

Yet they have $230 mil in short term debt, almost $1.7 bil in "current" long term debt, and over $750 mil in accounts payable.

That balance sheet does not scream "we can't go bankrupt". I didn't dive in deep so perhaps I'm missing something.
This post was edited on 3/17/20 at 8:32 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram