Norwegian Cruise Line Stock Z Score

NCLH Stock

USD 19.39 0.15 0.77%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Norwegian Cruise Piotroski F Score and Norwegian Cruise Valuation analysis.

As of now, Norwegian Cruise's Invested Capital is increasing as compared to previous years. The Norwegian Cruise's current Return On Capital Employed is estimated to increase to 0.07, while Additional Paid In Capital is projected to decrease to under 2.3 B. As of now, Norwegian Cruise's EBITDA is decreasing as compared to previous years. The Norwegian Cruise's current Cost Of Revenue is estimated to increase to about 5.7 B, while Depreciation And Amortization is projected to decrease to under 521.9 M.

Norwegian Cruise Line Company Z Score Analysis

Norwegian Cruise's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Norwegian Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Norwegian Cruise is extremely important. It helps to project a fair market value of Norwegian Stock properly, considering its historical fundamentals such as Z Score. Since Norwegian Cruise's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Norwegian Cruise's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Norwegian Cruise's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.19	0.71	0.74	-0.29	0.59	0.48	-0.11	0.8	0.67	0.52	0.18	0.82	0.89	0.97	0.58	0.19	0.73	0.7	0.26	0.64	0.02	-0.1	0.63
Total Stockholder Equity	0.19		-0.25	-0.38	0.87	-0.38	-0.29	0.79	-0.33	-0.05	-0.38	0.6	-0.19	-0.24	0.05	0.5	0.95	-0.44	-0.5	-0.58	-0.25	0.38	0.49	-0.61
Current Deferred Revenue	0.71	-0.25		0.94	-0.61	0.55	0.39	-0.3	0.92	0.28	0.93	0.09	0.86	0.7	0.82	0.31	-0.29	0.61	0.7	0.82	0.62	-0.59	-0.71	0.75
Net Debt	0.74	-0.38	0.94		-0.77	0.63	0.55	-0.48	0.99	0.5	0.89	-0.02	0.94	0.84	0.82	0.31	-0.39	0.78	0.8	0.76	0.76	-0.39	-0.68	0.89
Retained Earnings	-0.29	0.87	-0.61	-0.77		-0.64	-0.57	0.81	-0.73	-0.38	-0.67	0.45	-0.63	-0.64	-0.41	0.17	0.82	-0.75	-0.8	-0.73	-0.57	0.37	0.6	-0.91
Accounts Payable	0.59	-0.38	0.55	0.63	-0.64		0.74	-0.51	0.65	0.54	0.48	-0.26	0.62	0.7	0.62	-0.03	-0.32	0.71	0.83	0.44	0.48	-0.19	-0.13	0.79
Net Receivables	0.48	-0.29	0.39	0.55	-0.57	0.74		-0.47	0.57	0.63	0.42	-0.26	0.59	0.59	0.45	0.06	-0.21	0.59	0.7	0.37	0.51	0.05	-0.16	0.72
Good Will	-0.11	0.79	-0.3	-0.48	0.81	-0.51	-0.47		-0.5	-0.55	-0.28	0.8	-0.36	-0.51	-0.2	0.56	0.58	-0.73	-0.63	-0.41	-0.68	-0.01	0.42	-0.76
Total Liab	0.8	-0.33	0.92	0.99	-0.73	0.65	0.57	-0.5		0.6	0.83	-0.05	0.95	0.89	0.86	0.32	-0.31	0.82	0.81	0.68	0.81	-0.28	-0.61	0.89
Total Current Assets	0.67	-0.05	0.28	0.5	-0.38	0.54	0.63	-0.55	0.6		0.09	-0.37	0.58	0.8	0.59	0.11	0.15	0.78	0.58	-0.06	0.83	0.55	0.03	0.64
Short Term Debt	0.52	-0.38	0.93	0.89	-0.67	0.48	0.42	-0.28	0.83	0.09		0.13	0.78	0.55	0.65	0.26	-0.47	0.5	0.65	0.95	0.48	-0.72	-0.82	0.7
Intangible Assets	0.18	0.6	0.09	-0.02	0.45	-0.26	-0.26	0.8	-0.05	-0.37	0.13		0.08	-0.19	0.09	0.7	0.34	-0.42	-0.34	-0.07	-0.33	-0.16	0.05	-0.4
Common Stock	0.82	-0.19	0.86	0.94	-0.63	0.62	0.59	-0.36	0.95	0.58	0.78	0.08		0.85	0.85	0.44	-0.22	0.74	0.75	0.6	0.73	-0.22	-0.51	0.81
Long Term Debt	0.89	-0.24	0.7	0.84	-0.64	0.7	0.59	-0.51	0.89	0.8	0.55	-0.19	0.85		0.9	0.33	-0.16	0.94	0.88	0.37	0.8	0.03	-0.24	0.87
Property Plant Equipment	0.97	0.05	0.82	0.82	-0.41	0.62	0.45	-0.2	0.86	0.59	0.65	0.09	0.85	0.9		0.5	0.05	0.77	0.78	0.43	0.65	-0.17	-0.25	0.71
Treasury Stock	0.58	0.5	0.31	0.31	0.17	-0.03	0.06	0.56	0.32	0.11	0.26	0.7	0.44	0.33	0.5		0.31	0.03	0.05	-0.03	0.02	0.04	0.06	0.0
Net Tangible Assets	0.19	0.95	-0.29	-0.39	0.82	-0.32	-0.21	0.58	-0.31	0.15	-0.47	0.34	-0.22	-0.16	0.05	0.31		-0.31	-0.43	-0.64	-0.08	0.55	0.52	-0.52
Long Term Debt Total	0.73	-0.44	0.61	0.78	-0.75	0.71	0.59	-0.73	0.82	0.78	0.5	-0.42	0.74	0.94	0.77	0.03	-0.31		0.92	0.42	0.82	0.03	-0.29	0.92
Capital Surpluse	0.7	-0.5	0.7	0.8	-0.8	0.83	0.7	-0.63	0.81	0.58	0.65	-0.34	0.75	0.88	0.78	0.05	-0.43	0.92		0.6	0.63	-0.25	-0.32	0.94
Short Long Term Debt	0.26	-0.58	0.82	0.76	-0.73	0.44	0.37	-0.41	0.68	-0.06	0.95	-0.07	0.6	0.37	0.43	-0.03	-0.64	0.42	0.6		0.38	-0.82	-0.87	0.66
Net Invested Capital	0.64	-0.25	0.62	0.76	-0.57	0.48	0.51	-0.68	0.81	0.83	0.48	-0.33	0.73	0.8	0.65	0.02	-0.08	0.82	0.63	0.38		0.15	-0.49	0.77
Net Working Capital	0.02	0.38	-0.59	-0.39	0.37	-0.19	0.05	-0.01	-0.28	0.55	-0.72	-0.16	-0.22	0.03	-0.17	0.04	0.55	0.03	-0.25	-0.82	0.15		0.61	-0.23
Long Term Investments	-0.1	0.49	-0.71	-0.68	0.6	-0.13	-0.16	0.42	-0.61	0.03	-0.82	0.05	-0.51	-0.24	-0.25	0.06	0.52	-0.29	-0.32	-0.87	-0.49	0.61		-0.5
Capital Stock	0.63	-0.61	0.75	0.89	-0.91	0.79	0.72	-0.76	0.89	0.64	0.7	-0.4	0.81	0.87	0.71	0.0	-0.52	0.92	0.94	0.66	0.77	-0.23	-0.5

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Norwegian Cruise

Based on the company's disclosures, Norwegian Cruise Line has a Z Score of 0.0. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Norwegian Cruise Current Valuation Drivers

We derive many important indicators used in calculating different scores of Norwegian Cruise from analyzing Norwegian Cruise's financial statements. These drivers represent accounts that assess Norwegian Cruise's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Norwegian Cruise's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	12.6B	6.5B	7.6B	5.1B	8.5B	5.9B
Enterprise Value	19.1B	15.0B	18.5B	17.8B	22.8B	24.0B

Norwegian Cruise ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Norwegian Cruise's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Norwegian Cruise's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Norwegian Cruise Institutional Holders

Institutional Holdings refers to the ownership stake in Norwegian Cruise that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Norwegian Cruise's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Norwegian Cruise's value.

		Shares
Norges Bank	2023-12-31	4.2 M
Charles Schwab Investment Management Inc	2023-12-31	3.8 M
Northern Trust Corp	2023-12-31	3.5 M
Dimensional Fund Advisors, Inc.	2023-12-31	3.1 M
Two Sigma Advisers, Llc	2023-12-31	2.9 M
Bank Of New York Mellon Corp	2023-12-31	2.7 M
Bnp Paribas Arbitrage, Sa	2023-12-31	2.5 M
Patient Capital Management, Llc	2023-12-31	2.5 M
Goldman Sachs Group Inc	2023-12-31	2.5 M
Capital Research Global Investors	2023-12-31	57 M
Vanguard Group Inc	2023-12-31	49.2 M

Norwegian Fundamentals

	Return On Equity	0.9
	Return On Asset	0.0306
	Profit Margin	0.02 %
	Operating Margin	0.06 %
	Current Valuation	22.22 B
	Shares Outstanding	425.66 M
	Shares Owned By Insiders	0.75 %
	Shares Owned By Institutions	70.25 %
	Number Of Shares Shorted	38 M
	Price To Earning	12.65 X
	Price To Book	25.15 X
	Price To Sales	0.88 X
	Revenue	8.55 B
	Gross Profit	576.67 M
	EBITDA	250.22 M
	Net Income	166.18 M
	Cash And Equivalents	1.19 B
	Cash Per Share	2.82 X
	Total Debt	14.73 B
	Current Ratio	0.46 X
	Book Value Per Share	0.71 X
	Cash Flow From Operations	2.01 B
	Short Ratio	3.36 X
	Earnings Per Share	0.39 X
	Price To Earnings To Growth	0.38 X
	Target Price	20.49
	Number Of Employees	41 K
	Beta	2.61
	Market Capitalization	8.32 B
	Total Asset	19.49 B
	Retained Earnings	(6.9 B)
	Working Capital	(4.73 B)
	Current Asset	340.41 M
	Current Liabilities	2.37 B
	Net Asset	19.49 B

About Norwegian Cruise Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Norwegian Cruise Line's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norwegian Cruise using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norwegian Cruise Line based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Norwegian Cruise Investors Sentiment

The influence of Norwegian Cruise's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Norwegian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Norwegian Cruise's public news can be used to forecast risks associated with an investment in Norwegian. The trend in average sentiment can be used to explain how an investor holding Norwegian can time the market purely based on public headlines and social activities around Norwegian Cruise Line. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Norwegian Cruise's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Norwegian Cruise's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Norwegian Cruise's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Norwegian Cruise.

Norwegian Cruise Implied Volatility

73.13

Norwegian Cruise's implied volatility exposes the market's sentiment of Norwegian Cruise Line stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Norwegian Cruise's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Norwegian Cruise stock will not fluctuate a lot when Norwegian Cruise's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Norwegian Cruise in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Norwegian Cruise's short interest history, or implied volatility extrapolated from Norwegian Cruise options trading.

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When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:

How To Invest In Norwegian

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Is Norwegian Stock a good investment?

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What is Norwegian Cruise's Net Worth?

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Largest Consumer Services Companies

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Largest Consumer Discretionary Companies

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Check out Norwegian Cruise Piotroski F Score and Norwegian Cruise Valuation analysis.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Norwegian Cruise's price analysis, check to measure Norwegian Cruise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norwegian Cruise is operating at the current time. Most of Norwegian Cruise's value examination focuses on studying past and present price action to predict the probability of Norwegian Cruise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwegian Cruise's price. Additionally, you may evaluate how the addition of Norwegian Cruise to your portfolios can decrease your overall portfolio volatility.

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Is Norwegian Cruise's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norwegian Cruise. If investors know Norwegian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norwegian Cruise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Earnings Share

0.39

Revenue Per Share

20.145

Quarterly Revenue Growth

0.308

Return On Assets

0.0306

The market value of Norwegian Cruise Line is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norwegian Cruise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Norwegian Cruise Line Stock Z Score

Norwegian Cruise Line Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Norwegian Z Score Driver Correlations

Norwegian Cruise Current Valuation Drivers

Norwegian Cruise ESG Sustainability

Norwegian Cruise Institutional Holders

Norwegian Fundamentals

About Norwegian Cruise Fundamental Analysis

Norwegian Cruise Investors Sentiment

Norwegian Cruise Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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