Norwegian Cruise Line Holdings annual current ratio
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Norwegian Cruise Line Holdings Current Ratio Growth & History (NCLH)
Norwegian Cruise Line Holdings's current ratio was 0.21 for fiscal 2025.
View full Norwegian Cruise Line Holdings company overviewNorwegian Cruise Line Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.21 | 0.03 | +19.50% |
| 2024 | 2024-12-31 | 0.17 | −0.04 | −19.65% |
| 2023 | 2023-12-31 | 0.22 | −0.15 | −41.31% |
| 2022 | 2022-12-31 | 0.37 | −0.51 | −58.14% |
| 2021 | 2021-12-31 | 0.89 | −0.97 | −52.39% |
| 2020 | 2020-12-31 | 1.86 | 1.66 | +812.51% |
| 2019 | 2019-12-31 | 0.20 | 0.03 | +16.62% |
| 2018 | 2018-12-31 | 0.17 | −0.03 | −16.09% |
| 2017 | 2017-12-31 | 0.21 | 0.03 | +17.11% |
| 2016 | 2016-12-31 | 0.18 | 0.03 | +23.57% |
| 2015 | 2015-12-31 | 0.14 | 0.01 | +5.78% |
| 2014 | 2014-12-31 | 0.14 | −0.03 | −20.05% |
| 2013 | 2013-12-31 | 0.17 | −0.00 | −2.54% |
| 2012 | 2012-12-31 | 0.17 | — | — |
Norwegian Cruise Line Holdings quarterly current ratio
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| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.20 | 0.02 | +9.11% |
| Q1 2026 | 2026-03-31 | 0.21 | 0.02 | +11.91% |
| Q4 2025 | 2025-12-31 | 0.21 | 0.03 | +19.50% |
| Q3 2025 | 2025-09-30 | 0.19 | −0.00 | −0.31% |
| Q2 2025 | 2025-06-30 | 0.18 | −0.05 | −23.04% |
| Q1 2025 | 2025-03-31 | 0.19 | −0.05 | −22.01% |
| Q4 2024 | 2024-12-31 | 0.17 | −0.04 | −19.65% |
| Q3 2024 | 2024-09-30 | 0.20 | −0.10 | −34.52% |
| Q2 2024 | 2024-06-30 | 0.24 | −0.08 | −24.93% |
| Q1 2024 | 2024-03-31 | 0.24 | −0.05 | −16.49% |
| Q4 2023 | 2023-12-31 | 0.22 | −0.15 | −41.31% |
| Q3 2023 | 2023-09-30 | 0.30 | −0.16 | −35.54% |
| Q2 2023 | 2023-06-30 | 0.32 | −0.30 | −48.93% |
| Q1 2023 | 2023-03-31 | 0.29 | −0.48 | −62.51% |
| Q4 2022 | 2022-12-31 | 0.37 | −0.51 | −58.14% |
| Q3 2022 | 2022-09-30 | 0.46 | −0.65 | −58.54% |
| Q2 2022 | 2022-06-30 | 0.62 | −0.97 | −60.85% |
| Q1 2022 | 2022-03-31 | 0.77 | −1.32 | −63.14% |
| Q4 2021 | 2021-12-31 | 0.89 | −0.97 | −52.39% |
| Q3 2021 | 2021-09-30 | 1.12 | −0.02 | −1.78% |
| Q2 2021 | 2021-06-30 | 1.59 | 0.52 | +49.29% |
| Q1 2021 | 2021-03-31 | 2.09 | 1.51 | +264.31% |
| Q4 2020 | 2020-12-31 | 1.86 | 1.66 | +812.51% |
| Q3 2020 | 2020-09-30 | 1.14 | 0.89 | +358.41% |
| Q2 2020 | 2020-06-30 | 1.06 | 0.81 | +322.09% |
| Q1 2020 | 2020-03-31 | 0.57 | 0.35 | +155.79% |
| Q4 2019 | 2019-12-31 | 0.20 | 0.03 | +16.62% |
| Q3 2019 | 2019-09-30 | 0.25 | 0.01 | +4.01% |
| Q2 2019 | 2019-06-30 | 0.25 | 0.05 | +24.18% |
| Q1 2019 | 2019-03-31 | 0.22 | −0.02 | −8.89% |
| Q4 2018 | 2018-12-31 | 0.17 | −0.03 | −16.09% |
| Q3 2018 | 2018-09-30 | 0.24 | −0.10 | −30.32% |
| Q2 2018 | 2018-06-30 | 0.20 | 0.01 | +4.89% |
| Q1 2018 | 2018-03-31 | 0.25 | 0.05 | +26.24% |
| Q4 2017 | 2017-12-31 | 0.21 | 0.03 | +17.11% |
| Q3 2017 | 2017-09-30 | 0.34 | 0.16 | +83.97% |
| Q2 2017 | 2017-06-30 | 0.19 | 0.02 | +14.07% |
| Q1 2017 | 2017-03-31 | 0.19 | 0.04 | +23.46% |
| Q4 2016 | 2016-12-31 | 0.18 | 0.03 | +23.57% |
| Q3 2016 | 2016-09-30 | 0.19 | 0.00 | +2.45% |
| Q2 2016 | 2016-06-30 | 0.17 | 0.01 | +5.01% |
| Q1 2016 | 2016-03-31 | 0.16 | 0.02 | +15.38% |
| Q4 2015 | 2015-12-31 | 0.14 | 0.01 | +5.78% |
| Q3 2015 | 2015-09-30 | 0.18 | 0.04 | +24.03% |
| Q2 2015 | 2015-06-30 | 0.16 | 0.01 | +6.10% |
| Q1 2015 | 2015-03-31 | 0.14 | −0.01 | −8.19% |
| Q4 2014 | 2014-12-31 | 0.14 | −0.03 | −20.05% |
| Q3 2014 | 2014-09-30 | 0.15 | −0.03 | −15.70% |
| Q2 2014 | 2014-06-30 | 0.15 | −0.02 | −11.25% |
| Q1 2014 | 2014-03-31 | 0.15 | −0.05 | −24.63% |
| Q4 2013 | 2013-12-31 | 0.17 | −0.00 | −2.54% |
| Q3 2013 | 2013-09-30 | 0.17 | — | — |
| Q2 2013 | 2013-06-30 | 0.17 | — | — |
| Q1 2013 | 2013-03-31 | 0.20 | — | — |
| Q4 2012 | 2012-12-31 | 0.17 | — | — |
Norwegian Cruise Line Holdings current ratio trends
Over the last five fiscal years, Norwegian Cruise Line Holdings's current ratio decreased from 1.86 to 0.21, a change of −1.65. The latest reported quarter, Q2 2026, shows 0.20.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Norwegian Cruise Line Holdings source filings ↗