Norwegian Cruise Line Holdings Ltd Financial Flexibility Index
Norwegian Cruise Line Holdings Ltd 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). Explore Norwegian Cruise Line Holdings Ltd (NCLH) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Norwegian Cruise Line Holdings Ltd (2004–2025)
Financial flexibility index of Norwegian Cruise Line Holdings Ltd from 2004 to 2025. Historical Financial Flexibility Index trend for Norwegian Cruise Line Holdings Ltd across 22 annual periods. Check NCLH total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Norwegian Cruise Line Holdings Ltd Financial Flexibility Index by Year (2004–2025)
Norwegian Cruise Line Holdings Ltd financial flexibility index by year from 2004 to 2025. Year-by-year free cash flow to debt coverage for Norwegian Cruise Line Holdings Ltd. For the full cash flow conversion analysis, see Norwegian Cruise Line Holdings Ltd cash conversion from operations.
| 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 | — |