Norwegian Cruise Line Holdings Ltd (NCLH) — Financial Flexibility Index
Norwegian Cruise Line Holdings Ltd (NCLH) has a Financial Flexibility Index of 0.11x as of March 2026. Free cash flow of $2.25 Billion (operating CF $811.45 Million minus capex $1.44 Billion) represents 0% of total liabilities ($21.36 Billion). Also explore how fast is Norwegian Cruise Line Holdings Ltd growing its equity to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Norwegian Cruise Line Holdings Ltd Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for Norwegian Cruise Line Holdings Ltd across 22 annual periods. Check Norwegian Cruise Line Holdings Ltd (NCLH) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Norwegian Cruise Line Holdings Ltd (2004–2025)
Year-by-year free cash flow to debt coverage for Norwegian Cruise Line Holdings Ltd. For the full company profile including market capitalisation, see Norwegian Cruise Line Holdings Ltd (NCLH) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.26x | $5.35 Billion | $2.09 Billion | $20.33 Billion | ▲ +49.6% |
| 2024 | 0.18x | $3.26 Billion | $2.05 Billion | $18.54 Billion | ▼ -29.0% |
| 2023 | 0.25x | $4.76 Billion | $2.01 Billion | $19.19 Billion | ▲ +129.8% |
| 2022 | 0.11x | $1.99 Billion | $210.02 Million | $18.49 Billion | ▲ +202.5% |
| 2021 | -0.11x | $-1.72 Billion | $-2.47 Billion | $16.30 Billion | ▲ +8.2% |
| 2020 | -0.11x | $-1.61 Billion | $-2.56 Billion | $14.05 Billion | ▼ -133.7% |
| 2019 | 0.34x | $3.46 Billion | $1.82 Billion | $10.17 Billion | ▼ -13.7% |
| 2018 | 0.39x | $3.64 Billion | $2.08 Billion | $9.24 Billion | ▲ +11.2% |
| 2017 | 0.35x | $2.96 Billion | $1.59 Billion | $8.35 Billion | ▲ +28.2% |
| 2016 | 0.28x | $2.33 Billion | $1.24 Billion | $8.44 Billion | ▲ +8.1% |
| 2015 | 0.26x | $2.17 Billion | $1.04 Billion | $8.48 Billion | ▲ +22.2% |
| 2014 | 0.21x | $1.69 Billion | $635.60 Million | $8.06 Billion | ▼ -38.6% |
| 2013 | 0.34x | $1.37 Billion | $475.28 Million | $4.02 Billion | ▲ +90.2% |
| 2012 | 0.18x | $702.43 Million | $398.59 Million | $3.92 Billion | ▲ +23.0% |
| 2011 | 0.15x | $541.79 Million | $356.99 Million | $3.72 Billion | ▼ -60.0% |
| 2010 | 0.36x | $1.40 Billion | $418.95 Million | $3.83 Billion | ▲ +432.6% |
| 2009 | 0.07x | $212.56 Million | $50.73 Million | $3.11 Billion | ▲ +70.5% |
| 2008 | 0.04x | $140.31 Million | $-23.30 Million | $3.50 Billion | ▼ -75.4% |
| 2007 | 0.16x | $619.17 Million | $36.33 Million | $3.80 Billion | ▼ -45.9% |
| 2006 | 0.30x | $956.91 Million | $147.50 Million | $3.17 Billion | ▼ -0.8% |
| 2005 | 0.30x | $791.35 Million | $134.69 Million | $2.60 Billion | ▼ -27.7% |
| 2004 | 0.42x | $887.17 Million | $146.33 Million | $2.11 Billion | — |