Norwegian Cruise Line Holdings (WBO:NCLH) LT-Debt-to-Total-Asset: 0.59 (As of Mar. 2026)

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WBO:NCLH Norwegian Cruise Line Holdings Ltd WBO:NCLH
70 GF Score
Price €17.10
GF Value €19.35
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Norwegian Cruise Line Holdings LT-Debt-to-Total-Asset?

Norwegian Cruise Line Holdings WBO:NCLH -2.42% 70 LT-Debt-to-Total-Asset is 0.59 as of Mar. 2026. GuruFocus rates WBO:NCLH with a GF Score™ of 70/100 and a GF Value™ of €19.35 (Modestly Undervalued). The stock has 7 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Norwegian Cruise Line Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.59.

Norwegian Cruise Line Holdings's long-term debt to total assets ratio declined from Mar. 2025 (0.60) to Mar. 2026 (0.59). It may suggest that Norwegian Cruise Line Holdings is progressively becoming less dependent on debt to grow their business.

Norwegian Cruise Line Holdings  (WBO:NCLH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Norwegian Cruise Line Holdings LT-Debt-to-Total-Asset Related Terms

Norwegian Cruise Line Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Norwegian Cruise Line Holdings's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norwegian Cruise Line Holdings LT-Debt-to-Total-Asset Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.68 0.63 0.59 0.61

Norwegian Cruise Line Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.59 0.61 0.61 0.59
WBO:NCLH
70GF Score
Norwegian Cruise Line Holdings Ltd WBO:NCLH
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Norwegian Cruise Line Holdings LT-Debt-to-Total-Asset Calculation

Norwegian Cruise Line Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=11725.657/19250.356
=0.61

Norwegian Cruise Line Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=12092.175/20582.548
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.59 mean?
Norwegian Cruise Line Holdings (WBO:NCLH) has a LT-Debt-to-Total-Asset of 0.59 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Norwegian Cruise Line Holdings and its competitors.
Is Norwegian Cruise Line Holdings' LT-Debt-to-Total-Asset too high?
Norwegian Cruise Line Holdings' current LT-Debt-to-Total-Asset is 0.59. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' LT-Debt-to-Total-Asset compare to MMYT and GBTG?
Norwegian Cruise Line Holdings' LT-Debt-to-Total-Asset of 0.59 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Norwegian Cruise Line Holdings and its competitors. Norwegian Cruise Line Holdings's current LT-Debt-to-Total-Asset is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Cruise Line Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings (WBO:NCLH) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.35, compared to a current price of €17.10 — trading 11.6% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.59. Norwegian Cruise Line Holdings' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (WBO:NCLH), the current LT-Debt-to-Total-Asset is 0.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norwegian Cruise Line Holdings (WBO:NCLH) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued. The current stock price of €17.10 is trading 11.6% below its estimated GF Value™ of €19.35. GuruFocus considers Norwegian Cruise Line Holdings to be Modestly Undervalued.

Key valuation signals for WBO:NCLH:

  • LT-Debt-to-Total-Asset: 0.59
  • GF Value™: €19.35 vs. price of €17.10 (11.6% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the WBO:NCLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norwegian Cruise Line Holdings Business Description

Address 7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
70GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.10
Price
€19.35
GF Value