re: Carnival cruise lines

quote:

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They got 26 billion in retained earnings 

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Yes that's good, but retained earnings is not a measure of liquidity. By looks of their financial statements they invest most of their earnings back into the company, which is probably out of necessity. They have enormous capital expenditures with their ships.

They're a "large asset" rich company. A few quarters of crummy sales (which is likely) could be painful.