Norwegian Cruise Line Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Norwegian Cruise Line Holdings has a total shareholder equity of $1.1B and total debt of $13.4B, which brings its debt-to-equity ratio to 1180.7%. Its total assets and total liabilities are $19.8B and $18.7B respectively. Norwegian Cruise Line Holdings's EBIT is $1.4B making its interest coverage ratio 1.9. It has cash and short-term investments of $332.5M.
Key information
1,180.7%
Debt to equity ratio
US$13.41b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$332.52m |
| Equity | US$1.14b |
| Total liabilities | US$18.65b |
| Total assets | US$19.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1CL34's short term assets ($1.2B) do not cover its short term liabilities ($6.0B).
Long Term Liabilities: N1CL34's short term assets ($1.2B) do not cover its long term liabilities ($12.6B).
Debt to Equity History and Analysis
Debt Level: N1CL34's net debt to equity ratio (1151.4%) is considered high.
Reducing Debt: N1CL34's debt to equity ratio has increased from 99.9% to 1180.7% over the past 5 years.
Debt Coverage: N1CL34's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: N1CL34's interest payments on its debt are not well covered by EBIT (1.9x coverage).