Company name:

Norwegian Cruise Line Holdings Ltd

  • IPO SHARE PRICE:
    $19.00
  • IPO DATE:
    January 18, 2013
  • TICKER:
    NCLH
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    7665 Corporate Center Drive Miami Florida 33126
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    None
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Norwegian Cruise Line Holdings Ltd

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
67.7% —

Passenger ticket

32.3% —

Onboard and other
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Passenger ticket
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 3,750,030 4,259,815 4,517,393 867,110 867,110 31,268
Onboard and other
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 1,646,145 1,795,311 1,944,983 412,798 412,798 7,048
Total Revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $5,396,175 $6,055,126 $6,462,376 $1,279,908 $1,279,908 $38,316
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
372.2%
125.6% —

Impairment

58.2% —

Marketing general and administrative

56.1% —

Depreciation and amortization

40.7% —

Payroll and related

29.7% —

Cruise operating expense commissions transportation and other

29.3% —

Other

20.7% —

Fuel

6.7% —

Onboard and other

5.1% —

Food
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cruise operating expense commissions transportation and other Cruise operating expense commissions transportation and other
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 894,406 998,948 1,120,886 380,710 380,710 38,812
Other
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 486,924 539,150 591,341 375,291 375,291 265,836
Onboard and other
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 319,293 348,656 394,673 85,678 85,678 11,156
Payroll and related
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 803,632 881,606 924,157 521,301 521,301 319,356
Fuel
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 361,032 392,685 409,602 264,712 264,712 169,888
Food
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 198,357 216,031 222,602 65,369 65,369 22,920
Marketing general and administrative
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 773,755 897,929 974,850 745,345 745,345 746,256
Total cruise operating expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 3,063,644 3,377,076 3,663,261 1,693,061 1,693,061 827,968
Depreciation and amortization
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 509,957 561,060 646,188 717,840 717,840 651,612
Impairment
-
-
-
-
-
-
-
 - - - 1,607,797 1,607,797 -
Total other operating expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 1,283,712 1,458,989 1,621,038 3,070,982 3,070,982 1,397,868
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 $4,347,356 $4,836,065 $5,284,299 $4,764,043 $4,764,043 $2,225,836
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
272.2%
272.2% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $1,048,819 $1,219,061 $1,178,077 ($3,484,135) ($3,484,135) ($2,187,520)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
40.3%
2.6% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (10,401) 20,653 6,155 (33,599) (33,599) (5,296)
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (278,205) (249,751) (266,712) (515,912) (515,912) (642,116)
Total non-operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (10,401) 20,653 6,155 - - -
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
274.8%
274.8% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $1,038,418 $1,239,714 $1,184,232 ($3,517,734) ($3,517,734) ($2,192,816)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
38.7%
1.0% —

Income tax expense or benefit

37.7% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (267,804) (270,404) (272,867) (482,313) (482,313) (636,820)
Income before income taxes
-
45,679
45,679
45,679
45,679
45,679
45,679
 770,614 969,310 911,365 (4,000,047) (4,000,047) (2,829,636)
Income tax expense or benefit TEST - ODD
-
45,679
45,679
45,679
45,679
45,679
45,679
 (10,742) (14,467) 18,863 (12,467) (12,467) (126,096)
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
313.5%
313.5% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $759,872 $954,843 $930,228 ($4,012,514) ($4,012,514) ($2,955,732)
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
-
45,679
45,679
45,679
45,679
-
-
 - - - - - -
Net income (loss) attributable to Company
-
45,679
45,679
45,679
45,679
-
-
 - - - - - -

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
 228,662,733 217,727,855 213,202,541 315,741,941 315,741,941 315,741,941
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $3.33 $4.28 $4.33 ($15.75) ($15.75) ($8.80)
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $3.31 $4.25 $4.30 ($15.75) ($15.75) ($8.80)