Norwegian Other Current Assets vs Retained Earnings Analysis

NCLH Stock

USD 15.79 0.17 1.09%

Norwegian Cruise financial indicator trend analysis is infinitely more than just investigating Norwegian Cruise Line recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norwegian Cruise Line is a good investment. Please check the relationship between Norwegian Cruise Other Current Assets and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norwegian Cruise Line. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norwegian Cruise Line Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Norwegian Cruise's Other Current Assets and Retained Earnings is -0.18. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Norwegian Cruise Line, assuming nothing else is changed. The correlation between historical values of Norwegian Cruise's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Norwegian Cruise Line are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Norwegian Cruise's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Norwegian Cruise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norwegian Cruise Line current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norwegian Cruise Line. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of now, Norwegian Cruise's Enterprise Value Over EBITDA is increasing as compared to previous years. The Norwegian Cruise's current Enterprise Value Multiple is estimated to increase to 95.80, while Selling General Administrative is projected to decrease to under 782.8 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	1.6B	2.1B	1.3B	977.0M
Cost Of Revenue	1.6B	4.3B	5.5B	5.7B

Total Operating Expenses Cost Of Revenue

Norwegian Cruise fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.78	0.88	0.69	0.19	0.99	0.71	0.74	-0.29	0.59	0.53	0.98	0.77	0.54	0.48	-0.11	0.79	0.7	0.81	0.75	0.73	0.74	0.8	0.78	0.67	0.52
Short Long Term Debt Total	0.78		0.78	0.9	-0.35	0.78	0.89	0.98	-0.75	0.63	0.51	0.74	0.75	0.52	0.56	-0.54	0.95	0.81	0.99	0.94	0.51	0.81	1.0	0.97	0.63	0.8
Other Current Liab	0.88	0.78		0.77	-0.14	0.88	0.74	0.78	-0.53	0.81	0.32	0.87	0.88	0.34	0.61	-0.24	0.78	0.87	0.8	0.8	0.81	0.84	0.81	0.8	0.55	0.61
Total Current Liabilities	0.69	0.9	0.77		-0.31	0.74	0.99	0.95	-0.67	0.61	0.12	0.72	0.59	0.12	0.47	-0.33	0.91	0.74	0.86	0.98	0.54	0.67	0.93	0.97	0.29	0.96
Total Stockholder Equity	0.19	-0.35	-0.14	-0.31		0.14	-0.25	-0.38	0.87	-0.38	0.01	0.22	-0.27	0.0	-0.29	0.79	-0.24	-0.52	-0.32	-0.31	0.18	-0.44	-0.33	-0.3	-0.05	-0.38
Property Plant And Equipment Net	0.99	0.78	0.88	0.74	0.14		0.76	0.76	-0.33	0.59	0.44	0.99	0.73	0.45	0.43	-0.12	0.8	0.73	0.8	0.78	0.69	0.76	0.8	0.8	0.58	0.59
Current Deferred Revenue	0.71	0.89	0.74	0.99	-0.25	0.76		0.94	-0.61	0.55	0.14	0.74	0.57	0.15	0.39	-0.3	0.89	0.71	0.85	0.98	0.55	0.63	0.92	0.96	0.28	0.93
Net Debt	0.74	0.98	0.78	0.95	-0.38	0.76	0.94		-0.77	0.63	0.35	0.73	0.7	0.36	0.55	-0.48	0.96	0.81	0.96	0.97	0.5	0.79	0.99	0.99	0.5	0.89
Retained Earnings	-0.29	-0.75	-0.53	-0.67	0.87	-0.33	-0.61	-0.77		-0.64	-0.24	-0.25	-0.62	-0.25	-0.57	0.81	-0.67	-0.82	-0.73	-0.7	-0.18	-0.77	-0.73	-0.7	-0.38	-0.67
Accounts Payable	0.59	0.63	0.81	0.61	-0.38	0.59	0.55	0.63	-0.64		0.27	0.54	0.83	0.31	0.74	-0.51	0.6	0.81	0.65	0.67	0.62	0.79	0.65	0.65	0.54	0.48
Cash	0.53	0.51	0.32	0.12	0.01	0.44	0.14	0.35	-0.24	0.27		0.39	0.59	1.0	0.32	-0.52	0.38	0.33	0.58	0.27	0.26	0.44	0.46	0.35	0.93	-0.08
Non Current Assets Total	0.98	0.74	0.87	0.72	0.22	0.99	0.74	0.73	-0.25	0.54	0.39		0.69	0.39	0.4	0.0	0.78	0.67	0.76	0.75	0.73	0.7	0.77	0.77	0.53	0.57
Non Currrent Assets Other	0.77	0.75	0.88	0.59	-0.27	0.73	0.57	0.7	-0.62	0.83	0.59	0.69		0.61	0.69	-0.53	0.69	0.85	0.8	0.7	0.78	0.87	0.76	0.71	0.79	0.39
Cash And Short Term Investments	0.54	0.52	0.34	0.12	0.0	0.45	0.15	0.36	-0.25	0.31	1.0	0.39	0.61		0.37	-0.53	0.4	0.35	0.59	0.28	0.27	0.46	0.47	0.36	0.95	-0.07
Net Receivables	0.48	0.56	0.61	0.47	-0.29	0.43	0.39	0.55	-0.57	0.74	0.32	0.4	0.69	0.37		-0.47	0.57	0.64	0.59	0.53	0.41	0.7	0.57	0.57	0.63	0.42
Good Will	-0.11	-0.54	-0.24	-0.33	0.79	-0.12	-0.3	-0.48	0.81	-0.51	-0.52	0.0	-0.53	-0.53	-0.47		-0.39	-0.6	-0.55	-0.43	0.01	-0.56	-0.5	-0.44	-0.55	-0.28
Common Stock Total Equity	0.79	0.95	0.78	0.91	-0.24	0.8	0.89	0.96	-0.67	0.6	0.38	0.78	0.69	0.4	0.57	-0.39		0.76	0.94	0.93	0.52	0.75	0.96	0.96	0.53	0.84
Common Stock Shares Outstanding	0.7	0.81	0.87	0.74	-0.52	0.73	0.71	0.81	-0.82	0.81	0.33	0.67	0.85	0.35	0.64	-0.6	0.76		0.81	0.79	0.53	0.95	0.81	0.8	0.54	0.65
Non Current Liabilities Total	0.81	0.99	0.8	0.86	-0.32	0.8	0.85	0.96	-0.73	0.65	0.58	0.76	0.8	0.59	0.59	-0.55	0.94	0.81		0.92	0.55	0.83	0.99	0.95	0.71	0.74
Inventory	0.75	0.94	0.8	0.98	-0.31	0.78	0.98	0.97	-0.7	0.67	0.27	0.75	0.7	0.28	0.53	-0.43	0.93	0.79	0.92		0.6	0.75	0.97	0.99	0.44	0.9
Other Current Assets	0.73	0.51	0.81	0.54	0.18	0.69	0.55	0.5	-0.18	0.62	0.26	0.73	0.78	0.27	0.41	0.01	0.52	0.53	0.55	0.6		0.53	0.56	0.57	0.46	0.31
Other Stockholder Equity	0.74	0.81	0.84	0.67	-0.44	0.76	0.63	0.79	-0.77	0.79	0.44	0.7	0.87	0.46	0.7	-0.56	0.75	0.95	0.83	0.75	0.53		0.81	0.77	0.65	0.57
Total Liab	0.8	1.0	0.81	0.93	-0.33	0.8	0.92	0.99	-0.73	0.65	0.46	0.77	0.76	0.47	0.57	-0.5	0.96	0.81	0.99	0.97	0.56	0.81		0.99	0.6	0.83
Property Plant And Equipment Gross	0.78	0.97	0.8	0.97	-0.3	0.8	0.96	0.99	-0.7	0.65	0.35	0.77	0.71	0.36	0.57	-0.44	0.96	0.8	0.95	0.99	0.57	0.77	0.99		0.51	0.89
Total Current Assets	0.67	0.63	0.55	0.29	-0.05	0.58	0.28	0.5	-0.38	0.54	0.93	0.53	0.79	0.95	0.63	-0.55	0.53	0.54	0.71	0.44	0.46	0.65	0.6	0.51		0.09
Short Term Debt	0.52	0.8	0.61	0.96	-0.38	0.59	0.93	0.89	-0.67	0.48	-0.08	0.57	0.39	-0.07	0.42	-0.28	0.84	0.65	0.74	0.9	0.31	0.57	0.83	0.89	0.09

Click cells to compare fundamentals

Norwegian Cruise Account Relationship Matchups

Norwegian Cruise fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.7B	18.4B	18.7B	18.6B	19.5B	11.5B
Short Long Term Debt Total	6.8B	11.8B	12.4B	13.6B	14.7B	15.5B
Other Current Liab	782.3M	596.1M	1.1B	1.3B	1.0B	581.4M
Total Current Liabilities	3.6B	1.9B	3.7B	5.1B	6.0B	6.3B
Total Stockholder Equity	6.5B	4.4B	2.4B	68.6M	300.8M	285.8M
Property Plant And Equipment Net	13.1B	13.4B	13.5B	14.5B	17.2B	9.1B
Current Deferred Revenue	2.0B	1.1B	1.6B	2.5B	3.1B	3.2B
Net Debt	6.5B	8.5B	10.9B	12.7B	14.3B	15.0B
Retained Earnings	3.8B	(295.4M)	(4.8B)	(7.1B)	(6.9B)	(6.6B)
Accounts Payable	100.8M	83.1M	233.2M	228.7M	174.3M	109.0M
Cash	252.9M	3.3B	1.5B	947.0M	402.4M	432.7M
Non Current Assets Total	16.0B	14.8B	15.4B	16.7B	18.5B	10.7B
Non Currrent Assets Other	612.7M	831.9M	1.3B	1.6B	761.6M	445.3M
Cash And Short Term Investments	252.9M	3.3B	1.7B	947.0M	402.4M	445.9M
Net Receivables	75.1M	20.6M	1.2B	326.3M	280.3M	294.3M
Common Stock Total Equity	235K	237K	316K	417K	479.6K	503.5K
Common Stock Shares Outstanding	216.5M	254.7M	365.4M	419.8M	427.4M	266.4M
Liabilities And Stockholders Equity	16.7B	18.4B	18.7B	18.6B	19.5B	11.5B
Non Current Liabilities Total	6.6B	12.1B	12.6B	13.4B	13.2B	13.8B
Inventory	95.4M	82.4M	118.2M	148.7M	157.6M	165.5M
Other Current Assets	306.7M	154.1M	269.2M	450.9M	105.4M	138.9M
Other Stockholder Equity	3.0B	4.9B	7.5B	7.6B	7.7B	4.1B
Total Liab	10.2B	14.0B	16.3B	18.5B	19.2B	20.2B
Property Plant And Equipment Gross	13.4B	13.6B	18.6B	20.3B	23.0B	24.1B
Total Current Assets	730.1M	3.6B	3.3B	1.9B	945.7M	785.4M
Accumulated Other Comprehensive Income	(295.5M)	(240.1M)	(285.1M)	(477.1M)	(508.4M)	(483.0M)
Short Term Debt	746.4M	124.9M	876.9M	991.1M	1.8B	1.9B
Common Stock	237K	316K	417K	421K	425K	446.3K
Other Liab	320.2M	450.1M	997.1M	215.8M	248.2M	325.9M
Other Assets	365.8M	1.3B	1.3B	862.7M	992.1M	1.0B
Long Term Debt	6.1B	11.7B	11.6B	12.6B	12.3B	7.4B
Property Plant Equipment	13.1B	13.4B	13.5B	15.2B	17.5B	10.7B
Retained Earnings Total Equity	2.9B	3.8B	(295.4M)	(4.8B)	(4.3B)	(4.1B)
Net Tangible Assets	4.3B	3.8B	1.8B	(530.1M)	(477.1M)	(453.2M)
Long Term Debt Total	5.8B	6.1B	11.7B	11.6B	13.3B	8.0B
Capital Surpluse	4.1B	4.2B	4.9B	7.5B	8.6B	5.0B

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

74.46

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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norwegian Cruise Line. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Norwegian Stock analysis

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

0.81

Revenue Per Share

20.964

Quarterly Revenue Growth

0.203

Return On Assets

0.0373

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 Other Current Assets vs Retained Earnings Analysis

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Current Assets

Retained Earnings

Norwegian Cruise fundamental ratios Correlations

Norwegian Cruise Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Norwegian Cruise fundamental ratios Accounts

Norwegian Cruise Investors Sentiment

Norwegian Cruise Implied Volatility

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

Complementary Tools for Norwegian Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.82	Retained Earnings
Other Stockholder Equity	- 0.77	Retained Earnings
Retained Earnings	- 0.77	Net Debt
Retained Earnings	- 0.75	Short Long Term Debt Total
Total Liab	- 0.73	Retained Earnings
Non Current Liabilities Total	- 0.73	Retained Earnings