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Total debt at other companies

Carnival Corporation logo
Carnival CorporationCCL
Royal Caribbean Group logo
Royal Caribbean GroupRCL

Other financials

Income statement

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Revenue$2.3B+9.6%
Gross profit$953.3M+15.8%
Operating income$232.9M+15.9%
Net income$104.7M+360%
EPS (diluted)$0.23+356%

Balance sheet

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Cash & equivalents$185.0M+0.4%
Total equity$2.4B+71.6%
Total assets$23.8B+11.4%

Cash flow

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Operating cash flow$811.5M+19.5%
CapEx$1.4B-5.8%
Free cash flow-$625.2M+26.1%

Valuation

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Market cap$9.38B+2.1%
Enterprise value$24.39B+6.1%
P/E16.5×+5.7×
P/S0.9×0.0×

Profitability

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Gross margin43%+2.6pp
Operating margin15.9%+0.5pp
Net margin5.7%-3.4pp
FCF margin-4.7%

Returns & leverage

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Return on equity29.5%-66.3pp
Debt / equity6.2×-3.7×
Current ratio0.2×0.0×

Where this comes from

Calculated from Norwegian Cruise Line Holdings Ltd.’s reported figures.

The official record: Norwegian Cruise Line Holdings Ltd.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norwegian Cruise Line Holdings Ltd.'s total debt?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported total debt of $15.19B in Q1 2026.
How has Norwegian Cruise Line Holdings Ltd.'s total debt changed year-over-year?
Norwegian Cruise Line Holdings Ltd.'s total debt increased by 8.3% year-over-year, from $14.02B to $15.19B.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s total debt?
Over 5 years (2020 to 2025), Norwegian Cruise Line Holdings Ltd.'s total debt has grown at a 5.3% compound annual growth rate (CAGR), from $12.02B to $15.54B.
What does total debt mean?
Total debt is the combined amount of all money a company owes to lenders and financial institutions.
How do you interpret total debt?
An increase in total debt typically signals higher financial leverage and increased interest expense, which may heighten insolvency risk during periods of low cash flow. A decrease suggests deleveraging, which can improve balance sheet health and reduce interest burdens, though it may also indicate limited access to capital or a strategic shift in capital allocation.
How does total debt compare across companies?
In the cruise industry, total debt is often high due to the capital-intensive nature of ship construction and fleet maintenance, making it essential to compare debt levels relative to EBITDA or total assets against direct competitors.