Discontinued — last reported Q4 '23

Business Segments · Ship impairments

Europe Segment — Ship impairments

Year-over-year, this metric declined by 100.0%, from $105.25M to $0.00. Over 2 years (FY 2021 to FY 2023), Europe Segment — Ship impairments shows a downward trend with a -100.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2023

How to read this metric

High impairment charges suggest poor asset performance or a decline in the market value of the fleet.

Detailed definition

Non-cash charges recognized when the carrying value of a cruise ship exceeds its fair market value. This reflects a down...

Peer comparison

Comparable to asset impairment charges in any capital-intensive industry with long-lived assets.

Metric ID: ccl_segment_europe_segment_ship_impairments

Historical Data

3 years
 FY'21FY'22FY'23
Value$318.00M$421.00M$0.00
YoY Change+32.4%-100.0%
Range$0.00$421.00M
CAGR-100.0%
Avg YoY Growth-33.8%
Median YoY Growth-33.8%

Frequently Asked Questions

What is Carnival Corporation's europe segment — ship impairments?
Carnival Corporation (CCL) reported europe segment — ship impairments of $0.00 in Q3 2023.
How has Carnival Corporation's europe segment — ship impairments changed year-over-year?
Carnival Corporation's europe segment — ship impairments decreased by 100.0% year-over-year, from $105.25M to $0.00.
What is the long-term trend for Carnival Corporation's europe segment — ship impairments?
Over 2 years (2021 to 2023), Carnival Corporation's europe segment — ship impairments has grown at a -100.0% compound annual growth rate (CAGR), from $318.00M to $0.00.
What does europe segment — ship impairments mean?
The accounting loss recorded when ships in the European fleet lose significant market value.