Norwegian Cruise Line Holdings Ltd. (NCLH) Debt to Equity Ratio: 6.61
Is Norwegian Cruise Line Holdings Ltd.’s debt to equity ratio high or low?
Norwegian Cruise Line Holdings Ltd.'s debt to equity ratio of 6.61 is 85% below its 5-year average of 44.92, near the low end of its 5-year range (2.71–198.59).
As of Sunday, June 21, 2026. 19.24% below its 12-month average of 8.19.
NCLH Debt to Equity Ratio Chart
NCLH Average Debt to Equity Ratio Chart
NCLH Current vs Average Debt to Equity Ratio Chart
NCLH Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
6.61
DEBT TO EQUITY RATIO AVG TTM
8.19
DEBT TO EQUITY RATIO AVG 3Y
65.42
DEBT TO EQUITY RATIO AVG 5Y
44.92
DEBT TO EQUITY RATIO AVG 10Y
25.08
DEBT TO EQUITY RATIO AVG 15Y
2.75
DEBT TO EQUITY RATIO AVG 20Y
1.62
CURRENT VS TTM AVG
-19.24%
CURRENT VS 3Y AVG
-89.90%
CURRENT VS 5Y AVG
-85.29%
CURRENT VS 10Y AVG
-73.64%
CURRENT VS 15Y AVG
+140.74%
CURRENT VS 20Y AVG
+307.08%
NCLH Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norwegian Cruise Line Holdings Ltd. (NCLH) | $9.38B | 6.61 | 8.19 | 65.42 | 44.92 |
| The Gap, Inc. (GPS)vs › | $9.21B | 1.48 | 1.58 | 1.75 | 2.05 |
| GameStop Corp. (GME)vs › | $9.66B | 0.80 | 0.44 | 0.45 | 0.77 |
| CAVA Group, Inc. (CAVA)vs › | $10.39B | 0.60 | 0.57 | 0.58 | 0.58 |
| Domino's Pizza, Inc. (DPZ)vs › | $10.39B | -1.34 | N/A | N/A | N/A |
| Wynn Resorts, Limited (WYNN)vs › | $10.95B | -44.62 | 5.34 | 21.24 | 21.24 |
| The Gap, Inc. (GAP)vs › | $7.61B | 1.48 | 1.58 | 1.99 | 2.20 |
| Chewy, Inc. (CHWY)vs › | $7.54B | 1.12 | 1.52 | 1.36 | 6.97 |
| Wayfair Inc. (W)vs › | $11.68B | -1.46 | 0.49 | 0.25 | 0.20 |
| Etsy, Inc. (ETSY)vs › | $7.02B | -2.80 | 2.65 | 2.06 | 1.43 |
Financial Health
Debt/Equity
6.61
Current Ratio
0.21
Norwegian Cruise Line Holdings Ltd. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Norwegian Cruise Line Holdings Ltd. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The debt to equity ratio for NCLH stock is 6.61.
- Is Norwegian Cruise Line Holdings Ltd.'s debt to equity ratio high or low?
- Norwegian Cruise Line Holdings Ltd.'s debt to equity ratio of 6.61 is 85% below its 5-year average of 44.92, near the low end of its 5-year range (2.71–198.59).
- What is the TTM average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The TTM average debt to equity ratio for NCLH stock is 8.19.
- What is the 3Y average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 3Y average debt to equity ratio for NCLH stock is 65.42.
- What is the 5Y average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 5Y average debt to equity ratio for NCLH stock is 44.92.
- What is the 10Y average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 10Y average debt to equity ratio for NCLH stock is 25.08.
- What is the 15Y average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 15Y average debt to equity ratio for NCLH stock is 2.75.
- What is the 20Y average debt to equity ratio for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 20Y average debt to equity ratio for NCLH stock is 1.62.
Norwegian Cruise Line Holdings Ltd. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 6.61 |
| 2024-12-31 | 9.76 |
| 2023-12-31 | 46.74 |
| 2022-12-31 | 198.59 |
| 2021-12-31 | 5.12 |
| 2020-12-31 | 2.71 |
| 2019-12-31 | 1.04 |
| 2018-12-31 | 1.09 |
| 2017-12-31 | 1.10 |
| 2016-12-31 | 1.41 |
| 2015-12-31 | 1.69 |
| 2014-12-31 | 1.73 |
| 2013-12-31 | 1.20 |
| 2012-12-31 | 1.48 |
| 2011-12-31 | 1.65 |
| 2010-12-31 | 1.85 |
| 2009-12-31 | 1.50 |
| 2008-12-31 | 1.71 |
| 2007-12-31 | 2.56 |
| 2006-12-31 | 1.76 |
| 2005-12-31 | 1.50 |
| 2004-12-31 | 1.23 |
Related Metrics
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NCLH), along with its subsidiary companies, operates as a major global cruise enterprise. Its operations span North America, Europe, the Asia-Pacific region, and other international markets. The company manages a portfolio of three distinct cruise brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. NCLH offers an extensive range of voyages, from brief three-day excursions to lengthy 180-day expeditions. These itineraries explore a comprehensive list of destinations worldwide, including Scandinavia, Russia, the Mediterranean, and the Greek Isles; the Alaskan wilderness, Canada and New England; Hawaii, Asia, Tahiti, and the South Pacific; Australia and New Zealand; Africa, India, and South America; as well as the Panama Canal and the Caribbean. As of December 31, 2021, the company commanded a fleet of 28 ships, providing approximately 59,150 berths for guests. Its travel products are distributed through multiple channels, including independent retail/travel advisors, direct sales onboard its ships, and specialized services for meetings, incentives, and private charters. Founded in 1966, Norwegian Cruise Line Holdings Ltd. maintains its corporate headquarters in Miami, Florida.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- CEO
- John W. Chidsey