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Not all cruise lines will recover from the pandemic that left them with enormous debt burdens.
Cruise lines still haven't recovered from the pandemic, and they may not all recover at all. This video goes through how much debt Carnival Cruise Lines (CCL -1.78%), Norwegian Cruise Lines (NCLH -1.79%), and Royal Caribbean (RCL -2.34%) still have on the balance sheet and why their operations may not support that debt load.
*Stock prices used were end of day prices of Aug. 24, 2022. The video was published on Aug. 28, 2022.
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends Carnival. The Motley Fool has a disclosure policy.Travis is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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