Norwegian Cruise Line Holdings Ltd Cash Flow-to-Debt Ratio
Norwegian Cruise Line Holdings Ltd cash flow-to-debt ratio. Norwegian Cruise Line Holdings Ltd (NCLH) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $811.45 Million could theoretically repay 0% of its total liabilities ($21.36 Billion) in one year. Check Norwegian Cruise Line Holdings Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Norwegian Cruise Line Holdings Ltd (2004–2025)
Cash flow-to-debt ratio of Norwegian Cruise Line Holdings Ltd from 2004 to 2025. Historical debt coverage capacity for Norwegian Cruise Line Holdings Ltd across 22 annual periods. Check NCLH cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Norwegian Cruise Line Holdings Ltd Cash Flow-to-Debt Ratio by Year (2004–2025)
Norwegian Cruise Line Holdings Ltd cash flow-to-debt ratio by year from 2004 to 2025. Year-by-year debt coverage analysis for Norwegian Cruise Line Holdings Ltd. For the full cash flow conversion analysis, see NCLH cash flow metrics.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | $2.09 Billion | $20.33 Billion | ▼ -7.0% |
| 2024 | 0.11x | $2.05 Billion | $18.54 Billion | ▲ +5.8% |
| 2023 | 0.10x | $2.01 Billion | $19.19 Billion | ▲ +820.0% |
| 2022 | 0.01x | $210.02 Million | $18.49 Billion | ▲ +107.5% |
| 2021 | -0.15x | $-2.47 Billion | $16.30 Billion | ▲ +16.8% |
| 2020 | -0.18x | $-2.56 Billion | $14.05 Billion | ▼ -201.5% |
| 2019 | 0.18x | $1.82 Billion | $10.17 Billion | ▼ -20.2% |
| 2018 | 0.22x | $2.08 Billion | $9.24 Billion | ▲ +18.2% |
| 2017 | 0.19x | $1.59 Billion | $8.35 Billion | ▲ +29.3% |
| 2016 | 0.15x | $1.24 Billion | $8.44 Billion | ▲ +19.4% |
| 2015 | 0.12x | $1.04 Billion | $8.48 Billion | ▲ +56.1% |
| 2014 | 0.08x | $635.60 Million | $8.06 Billion | ▼ -33.3% |
| 2013 | 0.12x | $475.28 Million | $4.02 Billion | ▲ +16.3% |
| 2012 | 0.10x | $398.59 Million | $3.92 Billion | ▲ +5.9% |
| 2011 | 0.10x | $356.99 Million | $3.72 Billion | ▼ -12.2% |
| 2010 | 0.11x | $418.95 Million | $3.83 Billion | ▲ +569.6% |
| 2009 | 0.02x | $50.73 Million | $3.11 Billion | ▲ +345.1% |
| 2008 | -0.01x | $-23.30 Million | $3.50 Billion | ▼ -169.6% |
| 2007 | 0.01x | $36.33 Million | $3.80 Billion | ▼ -79.4% |
| 2006 | 0.05x | $147.50 Million | $3.17 Billion | ▼ -10.1% |
| 2005 | 0.05x | $134.69 Million | $2.60 Billion | ▼ -25.4% |
| 2004 | 0.07x | $146.33 Million | $2.11 Billion | — |