Norwegian Cruise Line Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Norwegian Cruise Line Holdings has a total shareholder equity of $300.8M and total debt of $14.0B, which brings its debt-to-equity ratio to 4669.3%. Its total assets and total liabilities are $19.5B and $19.2B respectively. Norwegian Cruise Line Holdings's EBIT is $930.5M making its interest coverage ratio 1.3. It has cash and short-term investments of $402.4M.
Key information
4,669.3%
Debt to equity ratio
US$14.05b
Debt
Interest coverage ratio | 1.3x |
Cash | US$402.42m |
Equity | US$300.81m |
Total liabilities | US$19.19b |
Total assets | US$19.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1NC's short term assets ($1.3B) do not cover its short term liabilities ($6.0B).
Long Term Liabilities: 1NC's short term assets ($1.3B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: 1NC's net debt to equity ratio (4535.5%) is considered high.
Reducing Debt: 1NC's debt to equity ratio has increased from 108.2% to 4669.3% over the past 5 years.
Debt Coverage: 1NC's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 1NC's interest payments on its debt are not well covered by EBIT (1.3x coverage).