Calculation
Debt to equity | = | Total debt1 | ÷ | Shareholders’ equity1 | |
---|---|---|---|---|---|
Dec 31, 2021 | 4.15 | = | 21,090,340) | ÷ | 5,085,556) |
Dec 31, 2020 | 2.21 | = | 19,329,043) | ÷ | 8,760,669) |
Dec 31, 2019 | 0.91 | = | 11,034,876) | ÷ | 12,163,846) |
Dec 31, 2018 | 0.97 | = | 10,777,699) | ÷ | 11,105,461) |
Dec 31, 2017 | 0.70 | = | 7,539,451) | ÷ | 10,702,303) |
Dec 31, 2016 | 1.03 | = | 9,387,436) | ÷ | 9,121,412) |
Dec 31, 2015 | 1.07 | = | 8,667,055) | ÷ | 8,063,039) |
Dec 31, 2014 | 1.02 | = | 8,443,948) | ÷ | 8,284,359) |
Dec 31, 2013 | 0.92 | = | 8,074,804) | ÷ | 8,808,265) |
Dec 31, 2012 | 1.02 | = | 8,489,947) | ÷ | 8,308,749) |
Dec 31, 2011 | 1.01 | = | 8,495,853) | ÷ | 8,407,823) |
Dec 31, 2010 | 1.15 | = | 9,150,116) | ÷ | 7,942,502) |
Dec 31, 2009 | 1.12 | = | 8,419,770) | ÷ | 7,499,717) |
Dec 31, 2008 | 1.03 | = | 7,011,403) | ÷ | 6,803,012) |
Dec 31, 2007 | 0.84 | = | 5,698,272) | ÷ | 6,757,343) |
Dec 31, 2006 | 0.89 | = | 5,413,744) | ÷ | 6,091,575) |
Dec 31, 2005 | 0.75 | = | 4,154,775) | ÷ | 5,554,465) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Royal Caribbean Cruises Ltd. | Airbnb Inc. | Booking Holdings Inc. | Chipotle Mexican Grill Inc. | McDonald’s Corp. | Starbucks Corp. | |
---|---|---|---|---|---|---|
Dec 31, 2021 | 4.15 | 0.42 | 1.77 | 0.00 | — | — |
Dec 31, 2020 | 2.21 | 0.63 | 2.46 | 0.00 | — | — |
Dec 31, 2019 | 0.91 | — | 1.45 | 0.00 | — | — |
Dec 31, 2018 | 0.97 | — | 0.98 | 0.00 | — | 8.07 |
Dec 31, 2017 | 0.70 | — | 0.85 | 0.00 | — | 0.72 |
Dec 31, 2016 | 1.03 | — | 0.73 | 0.00 | — | 0.61 |
Dec 31, 2015 | 1.07 | — | 0.70 | 0.00 | 3.40 | 0.40 |
Dec 31, 2014 | 1.02 | — | 0.45 | 0.00 | 1.17 | 0.39 |
Dec 31, 2013 | 0.92 | — | 0.28 | 0.00 | 0.88 | 0.29 |
Dec 31, 2012 | 1.02 | — | 0.37 | 0.00 | 0.89 | 0.11 |
Dec 31, 2011 | 1.01 | — | 0.22 | 0.00 | 0.87 | 0.13 |
Dec 31, 2010 | 1.15 | — | 0.26 | 0.00 | 0.79 | 0.15 |
Dec 31, 2009 | 1.12 | — | 0.15 | 0.00 | 0.75 | 0.18 |
Dec 31, 2008 | 1.03 | — | 0.54 | 0.00 | 0.76 | 0.51 |
Dec 31, 2007 | 0.84 | — | 0.98 | 0.00 | 0.61 | 0.55 |
Dec 31, 2006 | 0.89 | — | 1.63 | 0.00 | 0.55 | 0.32 |
Dec 31, 2005 | 0.75 | — | 0.61 | 0.00 | 0.67 | 0.13 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Consumer Services)
Royal Caribbean Cruises Ltd., debt to equity, long-term trends, comparison to sector (consumer services)
Royal Caribbean Cruises Ltd. | Consumer Services | |
---|---|---|
Dec 31, 2021 | 4.15 | 18.97 |
Dec 31, 2020 | 2.21 | — |
Dec 31, 2019 | 0.91 | — |
Dec 31, 2018 | 0.97 | 9.57 |
Dec 31, 2017 | 0.70 | 2.90 |
Dec 31, 2016 | 1.03 | 2.46 |
Dec 31, 2015 | 1.07 | 1.37 |
Dec 31, 2014 | 1.02 | 0.73 |
Dec 31, 2013 | 0.92 | 0.60 |
Dec 31, 2012 | 1.02 | 0.61 |
Dec 31, 2011 | 1.01 | 0.61 |
Dec 31, 2010 | 1.15 | 0.60 |
Dec 31, 2009 | 1.12 | 0.59 |
Dec 31, 2008 | 1.03 | 0.69 |
Dec 31, 2007 | 0.84 | 0.60 |
Dec 31, 2006 | 0.89 | 0.52 |
Dec 31, 2005 | 0.75 | 0.59 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Royal Caribbean Cruises Ltd., debt to equity, long-term trends, comparison to industry (consumer discretionary)
Royal Caribbean Cruises Ltd. | Consumer Discretionary | |
---|---|---|
Dec 31, 2021 | 4.15 | 1.44 |
Dec 31, 2020 | 2.21 | 2.22 |
Dec 31, 2019 | 0.91 | 2.60 |
Dec 31, 2018 | 0.97 | 2.59 |
Dec 31, 2017 | 0.70 | 2.55 |
Dec 31, 2016 | 1.03 | 2.21 |
Dec 31, 2015 | 1.07 | 1.88 |
Dec 31, 2014 | 1.02 | 1.60 |
Dec 31, 2013 | 0.92 | 1.25 |
Dec 31, 2012 | 1.02 | 1.19 |
Dec 31, 2011 | 1.01 | 1.09 |
Dec 31, 2010 | 1.15 | 1.26 |
Dec 31, 2009 | 1.12 | 2.58 |
Dec 31, 2008 | 1.03 | 4.06 |
Dec 31, 2007 | 0.84 | 2.62 |
Dec 31, 2006 | 0.89 | 2.96 |
Dec 31, 2005 | 0.75 | 2.35 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).