NCLH - NYSE

Norwegian Cruise Line Holdings Ltd.

NCLH·NYSE

$18.15

-0.60%

Consumer CyclicalTravel Services

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$8.33B

EPS0.9400

P/E Ratio19.31

Earnings Date07/30/2026

22.54B

Assets

13%

3Y+21.0%

5Y+23.0%

10Y+74.0%

20.33B

Total Liabilities

10%

3Y+10.0%

5Y+45.0%

10Y+141.0%

2.21B

Total Equity

55%

3Y+3122.0%

5Y-49.0%

10Y-51.0%

Norwegian Cruise Line Holdings Ltd. Funding & Solvency Profile

NCLH · NYSE

Current Assets

Cash & Cash Equivalents209.89M

Net Receivables291.66M

Inventory138.18M

Other Current Assets498.81M

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment19.07B

Goodwill & Intangible Assets135.76M

Long-Term Investments0.00

Other Non-Current Assets2.20B

Total Non-Current Assets21 B

Total Assets

22.54B

Financial Health Analysis

Current Ratio

0.21x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

9.20x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-4314036000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

5% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Norwegian Cruise Line Holdings Ltd. Balance Sheet

NCLH • NYSE

Norwegian Cruise Line Holdings Ltd. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	209.9M	190.8M	402.4M	947M	1.5B	3.3B	252.9M	163.9M	176.2M	128.3M	115.9M	84.8M	56.5M	45.5M	58.9M	55M	50.2M	185.7M	40.3M	63.5M
Short-Term Investments	0.0	0.0	0.0	0.0	240M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	209.9M	190.8M	402.4M	947M	1.7B	3.3B	252.9M	163.9M	176.2M	128.3M	115.9M	84.8M	56.5M	45.5M	58.9M	55M	50.2M	185.7M	40.3M	63.5M
Net Receivables	291.7M	221.4M	280.3M	326.3M	1.2B	20.6M	75.1M	55.2M	44M	63.2M	45M	32.4M	18.3M	15.1M	8.2M	7.9M	7.9M	6M	8.4M	15.3M
Accounts Receivables	291.7M	221.4M	280.3M	326.3M	1.2B	20.6M	75.1M	55.2M	44M	63.2M	45M	32.4M	18.3M	15.1M	8.2M	7.9M	7.9M	6M	8.2M	10.2M
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	235K	5M
Inventory	138.2M	149.7M	157.6M	148.7M	118.2M	82.4M	95.4M	90.2M	82.1M	66.3M	58.2M	56.6M	43.7M	39.7M	36.2M	32.8M	28.9M	29.5M	42M	25.4M
Prepaids	0.0	0.0	0.0	0.0	269.2M	154.1M	306.7M	241M	216.1M	153.3M	121.3M	109.9M	64.5M	64.7M	48.8M	42.6M	61.6M	24.5M	27.4M	24.2M
Other Current Assets	498.8M	448.2M	472.8M	450.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.1M	4M	1.4M	1.2M
Total Current Assets	1.1B	1B	1.3B	1.9B	3.3B	3.6B	730.1M	550.3M	518.3M	411.1M	340.4M	283.7M	182.9M	164.9M	152.1M	129.4M	151.6M	249.7M	119.4M	137.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	19.1B	16.8B	16.4B	14.5B	13.5B	13.4B	13.4B	12.1B	11B	10.1B	9.5B	8.6B	5.6B	5B	4.6B	4.6B	3.8B	4.1B	4.2B	3.8B
Goodwill	135.8M	135.8M	98.1M	98.1M	98.1M	98.1M	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	403.8M	15.1M	8.2M	7.9M	0.0	0.0	400.3M	400.3M
Intangible Assets	0.0	500.5M	500.5M	500.5M	500.5M	500.5M	827.8M	846.3M	872.4M	908.1M	929.6M	999.4M	0.0	0.0	0.0	0.0	7.9M	6M	202.5M	202.5M
Goodwill & Intangible Assets	135.8M	636.3M	598.7M	598.7M	598.7M	598.7M	2.2B	2.2B	2.3B	2.3B	2.3B	2.4B	611.3M	611.3M	602.8M	602.8M	602.8M	602.8M	602.8M	602.8M
Long-Term Investments	0.0	650K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	2.2B	1.5B	1.1B	1.6B	1.3B	831.9M	365.8M	301.2M	274.7M	148.1M	147M	173.1M	209.1M	202M	167.4M	192.1M	220.9M	75.4M	67.6M	72.9M
Total Non-Current Assets	21.4B	19B	18.2B	16.7B	15.4B	14.8B	16B	14.7B	13.6B	12.6B	11.9B	11.3B	6.5B	5.8B	5.4B	5.4B	4.7B	4.8B	4.9B	4.5B
Total Assets	22.5B	20B	19.5B	18.6B	18.7B	18.4B	16.7B	15.2B	14.1B	13B	12.3B	11.6B	6.7B	5.9B	5.6B	5.6B	4.8B	5B	5B	4.6B
LIABILITIES
CURRENT LIABILITIES
Total Payables	169.7M	171.1M	174.3M	228.7M	233.2M	83.1M	100.8M	159.6M	53.4M	38M	66.3M	139.9M	123.3M	139M	83.3M	64.4M	28.6M	280.5M	88.7M	116.9M
Accounts Payable	169.7M	171.1M	174.3M	228.7M	233.2M	83.1M	100.8M	159.6M	53.4M	38M	51.4M	102M	86.8M	79.1M	80.3M	64.4M	28.4M	70.4M	88.7M	116.9M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	14.9M	37.9M	36.5M	59.9M	3M	0.0	225K	210.1M	0.0	0.0
Accrued Expenses	0.0	1.2B	1.1B	1.3B	1.1B	596.1M	782.3M	716.5M	513.7M	541.8M	646.4M	552.5M	253.8M	231M	208.1M	216.5M	206.4M	278.2M	202.8M	181.8M
Short Term Debt	875.9M	1.3B	1.7B	991.1M	876.9M	124.9M	746.4M	681.2M	619.4M	560.2M	629.8M	576.9M	286.6M	221.2M	200.6M	78.2M	3.6M	182.5M	191.2M	154.6M
Capital Lease Obligations (Current)	0.0	27.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	3.1B	3.1B	2.5B	1.6B	1.1B	2B	1.6B	1.3B	1.2B	1B	817.2M	411.8M	353.8M	325.5M	216.5M	206.6M	488.3M	202.8M	181.8M
Other Current Liabilities	4.4B	-27.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	255.4M	250.6M	332.8M	314.1M
Total Current Liabilities	5.5B	5.8B	6B	5.1B	3.7B	1.9B	3.6B	3.2B	2.5B	2.3B	2.4B	2.1B	1.1B	945.1M	817.4M	653.3M	494M	991.8M	815.5M	767.5M
NON-CURRENT LIABILITIES
Long Term Debt	13.7B	11.8B	12.3B	12.6B	11.6B	11.7B	6.1B	5.8B	5.7B	5.8B	5.8B	5.5B	2.8B	2.8B	2.8B	3.1B	2.6B	2.5B	3B	2.4B
Other Non-Current Liabilities	1.1B	198.1M	839.3M	803.9M	997.1M	450.1M	529.3M	281.6M	166.7M	284.9M	349.7M	360.5M	103M	210.4M	63M	52.7M	58.7M	31.5M	4.8M	1.7M
Total Non-Current Liabilities	14.9B	12.8B	13.2B	13.4B	12.6B	12.1B	6.6B	6.1B	5.9B	6.1B	6.1B	6B	2.9B	3B	2.9B	3.2B	2.6B	2.5B	3B	2.4B
Capital Lease Obligations	0.0	816M	0.0	0.0	0.0	0.0	216.1M	39.5M	45.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	20.3B	18.5B	19.2B	18.5B	16.3B	14B	10.2B	9.2B	8.3B	8.4B	8.5B	8.1B	4B	3.9B	3.7B	3.8B	3.1B	3.5B	3.8B	3.2B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	-1.3B	-904.1M	-239.3M	-239.3M	-189.3M	-82M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	455K	440K	425K	421K	417K	316K	237K	235K	233K	232K	232K	228K	205K	25K	25K	25K	25K	24K	12K	12K
Additional Paid-In Capital	0.0	7.9B	7.7B	7.6B	7.5B	4.9B	4.2B	4.1B	4B	3.9B	3.8B	3.7B	2.8B	2.3B	2.3B	2.3B	2.3B	2.2B	1.7B	1.7B
Retained Earnings	-5.6B	-6B	-6.9B	-7.1B	-4.8B	-295.4M	3.8B	2.9B	2B	1.2B	568M	140.9M	-197.5M	-299.2M	-467.7M	-603.5M	-626.1M	-693.3M	-481.5M	-254.5M
Accumulated Other Comprehensive Income/Loss	-451.4M	-507M	-508.4M	-477.1M	-285.1M	-240.1M	-295.5M	-161.6M	27M	-314.5M	-412.7M	-242.6M	-16.7M	-17.6M	-19.8M	4.3M	2.3M	137K	1.3M	-1.5M
Other Total Stockholders' Equity	8.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.2B	1.4B	300.8M	68.6M	2.4B	4.4B	6.5B	6B	5.7B	4.5B	3.8B	3.5B	2.6B	2B	1.8B	1.7B	1.7B	1.5B	1.2B	1.5B
Total Equity	2.2B	1.4B	300.8M	68.6M	2.4B	4.4B	6.5B	6B	5.7B	4.5B	3.8B	3.5B	2.6B	2B	1.8B	1.7B	1.7B	1.5B	1.2B	1.5B
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	22.4M	8.5M	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	22.5B	20B	19.5B	18.6B	18.7B	18.4B	16.7B	15.2B	14.1B	13B	12.3B	11.6B	6.7B	5.9B	5.6B	5.6B	4.8B	5B	5B	4.6B
Total Investments	0.0	650K	0.0	0.0	240M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	14.6B	13.9B	14.1B	13.6B	12.4B	11.8B	6.8B	6.5B	6.3B	6.4B	6.4B	6.1B	3.1B	3B	3B	3.2B	2.6B	2.7B	3.2B	2.6B
Net Debt	14.4B	13.7B	13.7B	12.7B	10.9B	8.5B	6.5B	6.3B	6.1B	6.3B	6.3B	6B	3.1B	2.9B	3B	3.1B	2.5B	2.5B	3.1B	2.5B
Shares Outstanding	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489	455,257,489

SEC Filings

NCLH - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 29, 2026	May 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 30, 2026	June 11, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 27, 2026	March 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 27, 2026	March 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 16, 2026	March 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	March 02, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing

Showing 1 to 10 of 334 filings

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