Norwegian Cruise Line Holdings Ltd (NCLH) — Defensive Interval Ratio
Norwegian Cruise Line Holdings Ltd (NCLH) has a Defensive Interval Ratio of 16 days as of March 2026. Defensive assets of $277.10 Million (cash $-, short-term investments $-, receivables $277.10 Million) cover 16 days of daily cash needs of $17.03 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Norwegian Cruise Line Holdings Ltd Defensive Interval Ratio (2004–2025)
This chart shows how Norwegian Cruise Line Holdings Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 16 days, meaning defensive assets of $277.10 Million can fund 16 days of operations without new revenue. For the complete balance sheet picture, see Norwegian Cruise Line Holdings Ltd asset portfolio.
Annual Defensive Interval Ratio for Norwegian Cruise Line Holdings Ltd (2004–2025)
The table below presents the year-by-year Defensive Interval Ratio for Norwegian Cruise Line Holdings Ltd from 2004 to 2025, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Norwegian Cruise Line Holdings Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 20 days | $291.66 Million | $14.94 Million/day | $- | $- | ▲ +6 days |
| 2024 | 14 days | $221.41 Million | $15.84 Million/day | $- | $- | ▼ -3 days |
| 2023 | 17 days | $280.27 Million | $16.54 Million/day | $- | $- | ▼ -7 days |
| 2022 | 24 days | $326.27 Million | $13.85 Million/day | $- | $0.00 | ▼ -114 days |
| 2021 | 138 days | $1.41 Billion | $10.22 Million/day | $- | $240.00 Million | ▲ +134 days |
| 2020 | 4 days | $20.58 Million | $5.24 Million/day | $- | $0.00 | ▼ -4 days |
| 2019 | 8 days | $75.11 Million | $9.82 Million/day | $- | $- | ▲ +1 days |
| 2018 | 6 days | $55.77 Million | $8.63 Million/day | $- | $519.00K | ▲ +0 days |
| 2017 | 6 days | $43.96 Million | $6.82 Million/day | $- | $0.00 | ▼ -4 days |
| 2016 | 10 days | $63.22 Million | $6.34 Million/day | $- | $0.00 | ▲ +3 days |
| 2015 | 7 days | $45.00 Million | $6.48 Million/day | $- | $0.00 | ▲ +1 days |
| 2014 | 6 days | $32.43 Million | $5.72 Million/day | $- | $0.00 | ▼ -1 days |
| 2013 | 6 days | $18.26 Million | $2.95 Million/day | $- | $0.00 | ▲ +0 days |
| 2012 | 6 days | $15.06 Million | $2.59 Million/day | $- | $- | ▲ +2 days |
| 2011 | 4 days | $8.16 Million | $2.24 Million/day | $- | $- | ▼ -1 days |
| 2010 | 4 days | $7.88 Million | $1.79 Million/day | $- | $- | ▼ -1 days |
| 2009 | 6 days | $7.87 Million | $1.35 Million/day | $- | $- | ▲ +4 days |
| 2008 | 2 days | $6.05 Million | $2.72 Million/day | $- | $- | ▼ -2 days |
| 2007 | 4 days | $8.41 Million | $2.23 Million/day | $- | $- | ▼ -4 days |
| 2006 | 7 days | $15.28 Million | $2.10 Million/day | $- | $- | ▲ +1 days |
| 2005 | 7 days | $11.69 Million | $1.74 Million/day | $- | $- | ▼ -1 days |
| 2004 | 8 days | $10.81 Million | $1.37 Million/day | $- | $- | — |