Norwegian Total Assets vs Short Term Debt Analysis
NCLH Stock | USD 15.99 0.04 0.25% |
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 Total Assets and its Short Term Debt 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.
Total Assets vs Short Term Debt
Total Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norwegian Cruise Line Total Assets account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Norwegian Cruise's Total Assets and Short Term Debt is 0.52. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt 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 Total Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Norwegian Cruise Line are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Assets i.e., Norwegian Cruise's Total Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Norwegian Cruise assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Norwegian Cruise Line books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Short Term Debt
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) | Interest Expense | 2.1B | 801.5M | 727.5M | 390.4M | Depreciation And Amortization | 882.6M | 886.6M | 808.6M | 521.9M |
Norwegian Cruise fundamental ratios Correlations
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Norwegian Cruise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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.