Norwegian Cruise Line Holdings Ltd Tangible Net Worth Ratio
Norwegian Cruise Line Holdings Ltd tangible net worth ratio. Norwegian Cruise Line Holdings Ltd (NCLH) has a Tangible Net Worth Ratio of 79.4% as of March 2026. This metric is calculated by deducting intangible assets ($500.52 Million) from net assets ($2.43 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Norwegian Cruise Line Holdings Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Norwegian Cruise Line Holdings Ltd (2004–2025)
Tangible net worth ratio of Norwegian Cruise Line Holdings Ltd from 2004 to 2025. This chart shows how Norwegian Cruise Line Holdings Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 79.4%, reflecting net assets of $2.43 Billion with intangible assets of $500.52 Million USD. Check Norwegian Cruise Line Holdings Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Norwegian Cruise Line Holdings Ltd Tangible Net Worth Ratio by Year (2004–2025)
Norwegian Cruise Line Holdings Ltd tangible net worth ratio by year from 2004 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Norwegian Cruise Line Holdings Ltd from 2004 to 2025, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see NCLH market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 77.4% | $2.21 Billion | $500.52 Million | $22.54 Billion | ▲ +12.5 pp |
| 2024 | 64.9% | $1.43 Billion | $500.52 Million | $19.97 Billion | ▲ +131.3 pp |
| 2023 | -66.4% | $300.81 Million | $500.52 Million | $19.49 Billion | ▲ +563.3 pp |
| 2022 | -629.7% | $68.59 Million | $500.52 Million | $18.56 Billion | ▼ -709.1 pp |
| 2021 | 79.4% | $2.43 Billion | $500.52 Million | $18.73 Billion | ▼ -9.1 pp |
| 2020 | 88.5% | $4.35 Billion | $500.52 Million | $18.40 Billion | ▲ +1.2 pp |
| 2019 | 87.3% | $6.52 Billion | $827.77 Million | $16.68 Billion | ▲ +1.5 pp |
| 2018 | 85.8% | $5.96 Billion | $846.26 Million | $15.21 Billion | ▲ +1.0 pp |
| 2017 | 84.8% | $5.75 Billion | $872.43 Million | $14.09 Billion | ▲ +4.8 pp |
| 2016 | 80.0% | $4.54 Billion | $908.09 Million | $12.97 Billion | ▲ +4.6 pp |
| 2015 | 75.4% | $3.78 Billion | $929.59 Million | $12.26 Billion | ▲ +3.8 pp |
| 2014 | 71.6% | $3.52 Billion | $999.42 Million | $11.58 Billion | ▼ -20.5 pp |
| 2013 | 92.1% | $2.63 Billion | $207.53 Million | $6.65 Billion | ▲ +22.4 pp |
| 2012 | 69.7% | $2.02 Billion | $611.33 Million | $5.94 Billion | ▲ +2.4 pp |
| 2011 | 67.3% | $1.84 Billion | $602.79 Million | $5.56 Billion | ▲ +2.1 pp |
| 2010 | 65.2% | $1.73 Billion | $602.79 Million | $5.56 Billion | ▼ -34.3 pp |
| 2009 | 99.5% | $1.70 Billion | $7.87 Million | $4.81 Billion | ▼ -0.1 pp |
| 2008 | 99.6% | $1.55 Billion | $6.05 Million | $5.05 Billion | ▲ +16.0 pp |
| 2007 | 83.6% | $1.24 Billion | $202.54 Million | $5.03 Billion | ▼ -2.5 pp |
| 2006 | 86.1% | $1.46 Billion | $202.54 Million | $4.63 Billion | ▲ +1.7 pp |
| 2005 | 84.4% | $1.40 Billion | $218.54 Million | $4.01 Billion | ▲ +0.3 pp |
| 2004 | 84.1% | $1.37 Billion | $218.54 Million | $3.48 Billion | — |