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Ahem. The same Carnival that has a quick ratio of about 0.2 and whose revenues are going to decline by 90%? Hard pass. It's equity value is all in cruise ships.
by neural_thing 7y ago
Ahem. The same Carnival that has a quick ratio of about 0.2 and whose revenues are going to decline by 90%? Hard pass. It's equity value is all in cruise ships. Can you imagine those selling at anything close to par right now?
- doingmyting 7y agoAre you expecting that no one will ever set foot on a cruise for the rest of human existence? There obviously will be hardship for them in the near and medium term but everyone knows cruises will return just as strong as they were before the crisis. Might take years but it'll return