Norwegian Cruise Line Holdings Ltd (NCLH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 19,969,800 | 19,493,000 | 18,557,700 | 18,729,800 | 18,399,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $19,969,800K
= 0.00
The debt-to-assets ratio of Norwegian Cruise Line Holdings Ltd has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A low or zero debt-to-assets ratio is generally considered favorable as it implies lower financial risk and potential for financial stability. However, it is important to consider the reasons behind the lack of debt, such as access to alternative financing sources, internal cash generation, or specific strategic choices made by the company. Further analysis of the company's financial structure and risk management strategies could provide deeper insights into its overall financial health and decision-making processes.
Peer comparison
Dec 31, 2024