Norwegian Cruise Line Holdings Ltd (NCLH) — Net Asset Quality Index

Latest as of March 2026: 10.2%

Norwegian Cruise Line Holdings Ltd (NCLH) has a Net Asset Quality Index of 10.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $23.79 Billion minus total liabilities of $21.36 Billion yields net assets of $2.43 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See NCLH defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Quality Index

10.2%
Equity / Total Assets

Net Assets

$2.43 Billion
USD

Total Assets

$23.79 Billion
USD

Total Liabilities

$21.36 Billion
USD

Norwegian Cruise Line Holdings Ltd Net Asset Quality Index Over Time (2004–2025)

This chart shows how Norwegian Cruise Line Holdings Ltd's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the index stands at 10.2%, representing net assets of $2.43 Billion against total assets of $23.79 Billion USD. Explore NCLH cash generation efficiency to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Norwegian Cruise Line Holdings Ltd (2004–2025)

The table below presents the year-by-year Net Asset Quality Index for Norwegian Cruise Line Holdings Ltd from 2004 to 2025, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Norwegian Cruise Line Holdings Ltd stock valuation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 9.8% $2.21 Billion $22.54 Billion $20.33 Billion ▲ +2.7 pp
2024 7.1% $1.43 Billion $19.97 Billion $18.54 Billion ▲ +5.6 pp
2023 1.5% $300.81 Million $19.49 Billion $19.19 Billion ▲ +1.2 pp
2022 0.4% $68.59 Million $18.56 Billion $18.49 Billion ▼ -12.6 pp
2021 13.0% $2.43 Billion $18.73 Billion $16.30 Billion ▼ -10.7 pp
2020 23.7% $4.35 Billion $18.40 Billion $14.05 Billion ▼ -15.4 pp
2019 39.1% $6.52 Billion $16.68 Billion $10.17 Billion ▼ -0.2 pp
2018 39.2% $5.96 Billion $15.21 Billion $9.24 Billion ▼ -1.6 pp
2017 40.8% $5.75 Billion $14.09 Billion $8.35 Billion ▲ +5.8 pp
2016 35.0% $4.54 Billion $12.97 Billion $8.44 Billion ▲ +4.1 pp
2015 30.8% $3.78 Billion $12.26 Billion $8.48 Billion ▲ +0.4 pp
2014 30.4% $3.52 Billion $11.58 Billion $8.06 Billion ▼ -9.2 pp
2013 39.6% $2.63 Billion $6.65 Billion $4.02 Billion ▲ +5.6 pp
2012 34.0% $2.02 Billion $5.94 Billion $3.92 Billion ▲ +0.8 pp
2011 33.2% $1.84 Billion $5.56 Billion $3.72 Billion ▲ +2.0 pp
2010 31.1% $1.73 Billion $5.56 Billion $3.83 Billion ▼ -4.3 pp
2009 35.4% $1.70 Billion $4.81 Billion $3.11 Billion ▲ +4.7 pp
2008 30.7% $1.55 Billion $5.05 Billion $3.50 Billion ▲ +6.2 pp
2007 24.5% $1.24 Billion $5.03 Billion $3.80 Billion ▼ -6.9 pp
2006 31.4% $1.46 Billion $4.63 Billion $3.17 Billion ▼ -3.6 pp
2005 35.0% $1.40 Billion $4.01 Billion $2.60 Billion ▼ -4.4 pp
2004 39.4% $1.37 Billion $3.48 Billion $2.11 Billion
pp = percentage points