Norwegian Cruise Line Holdings Ltd (NCLH)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,425,440 | 300,807 | 68,591 | 2,432,650 | 4,354,100 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,425,440K)
= 0.00
The debt-to-capital ratio of Norwegian Cruise Line Holdings Ltd has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period and has relied solely on its capital structure to support its activities. A debt-to-capital ratio of 0.00 suggests that the company is not exposed to financial risk from debt obligations and may have a strong financial standing relative to its capital base. Additionally, this stability in the ratio over the years may signify a deliberate strategic decision by the company to maintain a debt-free position for various reasons such as financial prudence or risk management.
Peer comparison
Dec 31, 2024