What "I just can't wait to be King" is really saying

I apologize if it's not funny; it's an inside joke, in a way.

Simba, Nala, Both, Zazu, All 3

I am going to be a powerful monarch, so rivals, take caution!

Well, I have never seen a ruler of animals
With as little follicular growth as him

I am going to be the star of the show
Like no prince has ever been
I am getting better at looking at the ground
I am working on my loud, ferocious snarl

So far, he is a quite banal object

I simply cannot fill the time until I inherit the throne!

No one telling me to do something When I told you such—
No one saying go to this place I indicated—
No one says to desist You do not comprehend—
No one tells me to look there Look there!
Able to frolic all during the daylight That is unquestionably away from--
Able to do it however I want to!

My mind is telling me that we
Require an in-depth personal conversation

Potentates do not get counsel
From tiny birds with large beaks, primarily

If this is what's happening to the kingdom
Don't involve me
Unreachable by phone, off of the continent called Africa
I would not dangle around here
This kid is becoming insanely out of my feathered flying mechanisms

I can scarcely await my becoming autocrat!
Everyone look port

All people stare at things to their starboard side

In all places where your eyes look I am—

Standing in a bright, white circle of light that sets me apart from all others

You have a little more time to wait until that happens

Let all the beasts spend all their money and vocalize melodically
So it can be heard in the migrating groups of animals and on the feathered things birds fly with
It is going to be Czar Simba's greatest accomplishment

Oh, I am ecstatic that I will rule Pride Rock!

He is not patient, and wants to rule it now!

Oh, I simply cannot pass the time…

Until I am King!