Norwegian Cruise Line Holdings Ltd (NCLH)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 1,425,440 1,135,330 693,133 362,091 300,807 438,688 15,221 -99,548 68,591 399,783 901,815 1,507,600 2,432,650 2,883,240 3,719,250 4,377,260 4,354,100 4,087,770 4,337,020 4,374,650
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for Norwegian Cruise Line Holdings Ltd has remained consistent at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company is primarily financed by equity rather than debt. While this may signify financial strength and stability, it is important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and risk profile.