Financial Statements

Royal Caribbean Cruises Ltd. (RCL)

$57.43

-2.17 (-3.64%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 5,56311,52310,2639,022-
Net Income -5,260-5,7971,8791,8111,625
Stock Dividends -163-16-437,835
Dividend Paid --326-603-527-437
Retained Earnings 3025,56311,52310,2639,022

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 25,84726,15423,46619,735-
Annual Depreciation 2,8331,6575,7137,39120,299
Capital Expenditure -2,230-1,965-3,025-3,660-564
Net PPE 26,45025,84726,15423,46619,735

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2891,3781,386809
New Purchases --98-69-161-74
Intangible and Goodwill 2891,3781,386809809

Royal Caribbean Cruises Ltd. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Royal Caribbean Cruises Ltd. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.