Royal Caribbean Cruises Balance Sheet
NYSE: RCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Royal Caribbean Cruises financial position
At the end of fiscal 2025, Royal Caribbean Cruises reported total assets of $41.62 billion, up 12.3% from a year earlier against total liabilities of $31.37 billion. Shareholders' equity stood at $10.04 billion, or 24.1% of assets. The company held $825.0 million in cash and equivalents against $21.34 billion of debt, a net debt position of $20.52 billion.
The current ratio (current assets divided by current liabilities) was 0.18, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.13.
Summary generated from market data by MetaCap's automated system. Methodology
Royal Caribbean Cruises balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 825.00M | 388.00M | 497.00M | 1.94B | 2.70B | 3.68B | 243.74M | 287.85M | 120.11M | 132.60M |
| Receivables | 317.00M | 371.00M | 405.00M | 531.00M | 408.07M | 284.15M | 305.82M | 324.51M | 318.64M | 291.90M |
| Inventory | 264.00M | 265.00M | 248.00M | 224.00M | 150.22M | 118.70M | 162.11M | 153.57M | 111.39M | 114.09M |
| Total Current Assets | 2.21B | 1.71B | 1.79B | 3.21B | 3.60B | 4.31B | 1.16B | 1.24B | 907.64M | 748.30M |
| Property, Plant & Equipment | 35.70B | 31.83B | 30.11B | 27.55B | 25.91B | 25.25B | 25.47B | 23.47B | 19.74B | 20.16B |
| Goodwill | 808.00M | 808.00M | 809.00M | 809.00M | 809.38M | 809.48M | 1.39B | 1.38B | 288.51M | 288.39M |
| Intangible Assets | 390.00M | 404.00M | 418.00M | 426.00M | 434.56M | 444.85M | 488.57M | 502.10M | — | — |
| Total Assets | 41.62B | 37.07B | 35.13B | 33.78B | 32.26B | 32.47B | 30.32B | 27.70B | 22.36B | 22.31B |
| Accounts Payable | 953.00M | 919.00M | 792.00M | 647.00M | 545.98M | 353.42M | 563.71M | 488.21M | 360.11M | 305.31M |
| Short-Term Debt | 3.18B | 1.60B | 1.72B | 2.09B | 2.24B | 1.37B | 2.62B | 2.42B | 1.19B | 1.29B |
| Total Current Liabilities | 12.05B | 9.82B | 9.40B | 8.57B | 7.29B | 4.54B | 7.95B | 7.11B | 4.85B | 4.44B |
| Long-Term Debt | 18.16B | 18.47B | 19.73B | 21.30B | 18.85B | 17.96B | 8.41B | 8.36B | 6.35B | 8.10B |
| Total Liabilities | 31.37B | 29.34B | 30.23B | 30.91B | 27.17B | 23.70B | 17.59B | 16.05B | 11.66B | 13.19B |
| Shareholders' Equity | 10.04B | 7.56B | 4.72B | 2.87B | 5.09B | 8.76B | 12.16B | 11.11B | 10.70B | 9.12B |
| Retained Earnings | 5.92B | 2.61B | -10.00M | -1.71B | 302.28M | 5.56B | 11.52B | 10.26B | 9.02B | 7.86B |
| Total Debt | 21.34B | 20.08B | 21.45B | 23.39B | 21.09B | 19.33B | 11.03B | 10.78B | 7.54B | 9.39B |
| Net Cash (Debt) | -20.52B | -19.69B | -20.95B | -21.46B | -18.39B | -15.64B | -10.79B | -10.49B | -7.42B | -9.25B |
This table shows 10 annual periods of Royal Caribbean Cruises's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow RCL's reporting calendar. What is a balance sheet?