Norwegian Cruise Line Holdings Ltd (NCLH)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,425,440K
= 0.00
The debt-to-equity ratio of Norwegian Cruise Line Holdings Ltd has been consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized any debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative financial strategy and a low risk of financial distress due to debt obligations. It points towards a strong financial position and a healthy capital structure, potentially appealing to investors and creditors. While a zero debt-to-equity ratio may limit the company's ability to leverage financial advantages that debt can offer, it may also reflect effective management of capital and a reduced risk of financial volatility stemming from debt.
Peer comparison
Dec 31, 2024