Norwegian Cruise Line Holdings Ltd (NCLH) - Total Assets
Based on the latest financial reports, Norwegian Cruise Line Holdings Ltd (NCLH) holds total assets worth $23.79 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Norwegian Cruise Line Holdings Ltd (NCLH) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Norwegian Cruise Line Holdings Ltd - Total Assets Trend (2004–2025)
This chart illustrates how Norwegian Cruise Line Holdings Ltd's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Norwegian Cruise Line Holdings Ltd to see how much of total assets are deployed in long-term investments.
Norwegian Cruise Line Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Norwegian Cruise Line Holdings Ltd's total assets of $23.79 Billion consist of 5.1% current assets and 95.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $291.66 Million | 1.3% |
| Inventory | $138.18 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $500.52 Million | 2.2% |
| Goodwill | $135.76 Million | 0.6% |
Asset Composition Trend (2004–2025)
This chart illustrates how Norwegian Cruise Line Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Norwegian Cruise Line Holdings Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Norwegian Cruise Line Holdings Ltd's current assets represent 5.1% of total assets in 2025, a decrease from 7.9% in 2004.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2025, down from 5.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 17.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 2.2% of total assets.
Norwegian Cruise Line Holdings Ltd Competitors by Total Assets
Key competitors of Norwegian Cruise Line Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Airbnb Inc
NASDAQ:ABNB
|
USA | $26.83 Billion |
|
TUI AG
XETRA:TUI1
|
Germany | €16.76 Billion |
|
Corporate Travel Management Ltd
AU:CTD
|
Australia | AU$1.59 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Gezinomi Seyahat Turizm Ticaret AS
IS:GZNMI
|
Turkey | TL4.18 Billion |
|
Destinasi Tirta Nusantara Tbk
JK:PDES
|
Indonesia | Rp313.09 Billion |
|
Flight Centre Travel Group Ltd
AU:FLT
|
Australia | AU$4.66 Billion |
|
WEB Travel Group Ltd
AU:WEB
|
Australia | AU$1.54 Billion |
Norwegian Cruise Line Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.21 | 0.19 | 1.59 |
| Quick Ratio | 0.18 | 0.16 | 1.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.91 Billion | $-4.95 Billion | $1.28 Billion |
Norwegian Cruise Line Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Norwegian Cruise Line Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.61 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | $22.54 Billion |
| Market Capitalization | $8.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Norwegian Cruise Line Holdings Ltd's assets below their book value (0.39x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Norwegian Cruise Line Holdings Ltd's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Norwegian Cruise Line Holdings Ltd (2004–2025)
The table below shows the annual total assets of Norwegian Cruise Line Holdings Ltd from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $22.54 Billion | +12.88% |
| 2024-12-31 | $19.97 Billion | +2.45% |
| 2023-12-31 | $19.49 Billion | +5.04% |
| 2022-12-31 | $18.56 Billion | -0.92% |
| 2021-12-31 | $18.73 Billion | +1.80% |
| 2020-12-31 | $18.40 Billion | +10.28% |
| 2019-12-31 | $16.68 Billion | +9.72% |
| 2018-12-31 | $15.21 Billion | +7.88% |
| 2017-12-31 | $14.09 Billion | +8.64% |
| 2016-12-31 | $12.97 Billion | +5.78% |
| 2015-12-31 | $12.26 Billion | +5.88% |
| 2014-12-31 | $11.58 Billion | +74.16% |
| 2013-12-31 | $6.65 Billion | +12.00% |
| 2012-12-31 | $5.94 Billion | +6.76% |
| 2011-12-31 | $5.56 Billion | -0.02% |
| 2010-12-31 | $5.56 Billion | +15.63% |
| 2009-12-31 | $4.81 Billion | -4.67% |
| 2008-12-31 | $5.05 Billion | +0.27% |
| 2007-12-31 | $5.03 Billion | +8.73% |
| 2006-12-31 | $4.63 Billion | +15.51% |
| 2005-12-31 | $4.01 Billion | +15.01% |
| 2004-12-31 | $3.48 Billion | -- |
About Norwegian Cruise Line Holdings Ltd
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii. The company also provides features, amenities,… Read more