In this video I will talk about Royal Caribbean, which is the second-largest cruise line in the world after Carnival cruise line.

First, we will understand their business model, then we will have a comprehensive discussion about their financial situation and liquidity.
Lastly, we will get to a price target.

Those are the topics that are mentioned in this video.

Introduction + business model + growth and debt position:goes on until: 3:50
Valuation & price target: 3:50

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