Norwegian Cruise Line Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Norwegian Cruise Line Holdings has a total shareholder equity of $362.1M and total debt of $13.7B, which brings its debt-to-equity ratio to 3797.3%. Its total assets and total liabilities are $19.8B and $19.5B respectively. Norwegian Cruise Line Holdings's EBIT is $1.1B making its interest coverage ratio 1.5. It has cash and short-term investments of $559.8M.
Key information
3,797.3%
Debt to equity ratio
US$13.75b
Debt
Interest coverage ratio | 1.5x |
Cash | US$559.81m |
Equity | US$362.09m |
Total liabilities | US$19.46b |
Total assets | US$19.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCLH N's short term assets ($1.6B) do not cover its short term liabilities ($6.6B).
Long Term Liabilities: NCLH N's short term assets ($1.6B) do not cover its long term liabilities ($12.9B).
Debt to Equity History and Analysis
Debt Level: NCLH N's net debt to equity ratio (3642.6%) is considered high.
Reducing Debt: NCLH N's debt to equity ratio has increased from 110.5% to 3797.3% over the past 5 years.
Debt Coverage: NCLH N's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: NCLH N's interest payments on its debt are not well covered by EBIT (1.5x coverage).