Norwegian Net Interest Income vs Minority Interest Analysis

NCLH Stock  USD 26.92  0.26  0.96%   
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 Net Interest Income and its Minority Interest 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Interest Income vs Minority Interest

Net Interest Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norwegian Cruise Line Net Interest Income account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Norwegian Cruise's Net Interest Income and Minority Interest is -0.27. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Minority Interest 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 Net Interest Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Norwegian Cruise Line are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Interest Income i.e., Norwegian Cruise's Net Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Norwegian Cruise Line whose combined shares represent less than 50% of the total outstanding shares issued by Norwegian Cruise have a minority interest in Norwegian Cruise.
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 closely tied 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 decreasing as compared to previous years. The Norwegian Cruise's current Enterprise Value Multiple is estimated to increase to 23.69, while Selling General Administrative is projected to decrease to under 782.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.1B801.5M727.5M390.4M
Depreciation And Amortization753.5M803.0M808.6M423.4M

Norwegian Cruise fundamental ratios Correlations

0.780.550.690.190.990.710.74-0.290.590.530.990.70.540.48-0.110.790.70.810.750.70.740.80.780.70.52
0.780.880.9-0.350.780.890.98-0.750.630.510.740.660.520.56-0.540.950.810.990.940.880.811.00.970.670.81
0.550.880.96-0.460.610.950.94-0.750.520.120.570.340.120.42-0.450.870.710.830.930.920.630.90.930.290.97
0.690.90.96-0.310.740.990.95-0.670.610.120.720.490.120.47-0.330.910.740.860.980.990.670.930.970.330.96
0.19-0.35-0.46-0.310.14-0.25-0.380.87-0.380.010.23-0.190.0-0.290.79-0.24-0.52-0.32-0.31-0.29-0.44-0.33-0.3-0.09-0.39
0.990.780.610.740.140.760.76-0.330.590.440.990.630.450.43-0.120.80.730.80.780.750.760.80.80.620.59
0.710.890.950.99-0.250.760.94-0.610.550.140.730.460.150.39-0.30.890.710.850.980.990.630.920.960.330.94
0.740.980.940.95-0.380.760.94-0.770.630.350.730.60.360.55-0.480.960.810.960.970.930.790.990.990.540.89
-0.29-0.75-0.75-0.670.87-0.33-0.61-0.77-0.64-0.24-0.24-0.52-0.25-0.570.81-0.67-0.82-0.73-0.7-0.65-0.77-0.73-0.7-0.42-0.68
0.590.630.520.61-0.380.590.550.63-0.640.270.540.780.310.74-0.510.60.810.650.670.620.790.650.650.560.5
0.530.510.120.120.010.440.140.35-0.240.270.390.61.00.32-0.520.380.330.580.270.150.440.460.350.92-0.07
0.990.740.570.720.230.990.730.73-0.240.540.390.620.40.40.010.770.660.750.750.730.690.770.770.560.57
0.70.660.340.49-0.190.630.460.6-0.520.780.60.620.620.68-0.470.60.720.720.60.540.770.670.620.790.28
0.540.520.120.120.00.450.150.36-0.250.311.00.40.620.37-0.530.40.350.590.280.160.460.470.360.94-0.06
0.480.560.420.47-0.290.430.390.55-0.570.740.320.40.680.37-0.470.570.640.590.530.430.70.570.570.640.43
-0.11-0.54-0.45-0.330.79-0.12-0.3-0.480.81-0.51-0.520.01-0.47-0.53-0.47-0.39-0.6-0.55-0.43-0.35-0.56-0.5-0.44-0.58-0.29
0.790.950.870.91-0.240.80.890.96-0.670.60.380.770.60.40.57-0.390.760.940.930.880.750.960.960.570.84
0.70.810.710.74-0.520.730.710.81-0.820.810.330.660.720.350.64-0.60.760.810.790.750.950.810.80.590.66
0.810.990.830.86-0.320.80.850.96-0.730.650.580.750.720.590.59-0.550.940.810.920.850.830.990.950.740.74
0.750.940.930.98-0.310.780.980.97-0.70.670.270.750.60.280.53-0.430.930.790.920.980.750.970.990.480.91
0.70.880.920.99-0.290.750.990.93-0.650.620.150.730.540.160.43-0.350.880.750.850.980.680.920.960.350.92
0.740.810.630.67-0.440.760.630.79-0.770.790.440.690.770.460.7-0.560.750.950.830.750.680.810.770.690.58
0.81.00.90.93-0.330.80.920.99-0.730.650.460.770.670.470.57-0.50.960.810.990.970.920.810.990.630.83
0.780.970.930.97-0.30.80.960.99-0.70.650.350.770.620.360.57-0.440.960.80.950.990.960.770.990.550.89
0.70.670.290.33-0.090.620.330.54-0.420.560.920.560.790.940.64-0.580.570.590.740.480.350.690.630.550.15
0.520.810.970.96-0.390.590.940.89-0.680.5-0.070.570.28-0.060.43-0.290.840.660.740.910.920.580.830.890.15
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Norwegian Cruise Account Relationship Matchups

Norwegian Cruise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.7B18.4B18.7B18.6B19.5B11.5B
Short Long Term Debt Total6.8B11.8B12.4B13.6B14.7B15.5B
Other Current Liab782.3M596.1M990.2M1.2B2.1B2.2B
Total Current Liabilities3.6B1.9B3.7B5.1B6.0B6.3B
Total Stockholder Equity6.5B4.4B2.4B68.6M300.8M285.8M
Property Plant And Equipment Net13.1B13.4B13.5B14.5B17.2B9.1B
Current Deferred Revenue2.0B1.1B1.6B2.5B3.1B3.2B
Net Debt6.5B8.5B10.9B12.7B14.3B15.0B
Retained Earnings3.8B(295.4M)(4.8B)(7.1B)(6.9B)(6.6B)
Accounts Payable100.8M83.1M233.2M228.7M174.3M109.0M
Cash252.9M3.3B1.5B947.0M402.4M432.7M
Non Current Assets Total16.0B14.8B15.4B16.7B18.2B10.7B
Non Currrent Assets Other612.7M831.9M1.3B1.6B394.2M425.1M
Cash And Short Term Investments252.9M3.3B1.7B947.0M402.4M445.9M
Net Receivables75.1M20.6M1.2B326.3M280.3M294.3M
Common Stock Total Equity235K237K316K417K479.6K503.5K
Common Stock Shares Outstanding216.5M254.7M365.4M419.8M427.4M266.4M
Liabilities And Stockholders Equity16.7B18.4B18.7B18.6B19.5B11.5B
Non Current Liabilities Total6.6B12.1B12.6B13.4B13.2B13.8B
Inventory95.4M82.4M118.2M148.7M157.6M165.5M
Other Current Assets306.7M154.1M269.2M450.9M472.8M496.5M
Other Stockholder Equity3.0B4.9B7.5B7.6B7.7B4.1B
Total Liab10.2B14.0B16.3B18.5B19.2B20.2B
Property Plant And Equipment Gross13.4B13.6B18.6B20.3B23.0B24.1B
Total Current Assets730.1M3.6B3.3B1.9B1.3B805.6M
Accumulated Other Comprehensive Income(295.5M)(240.1M)(285.1M)(477.1M)(508.4M)(483.0M)
Short Term Debt746.4M124.9M911.3M1.0B1.8B1.9B
Common Stock237K316K417K421K425K446.3K
Other Liab320.2M450.1M997.1M215.8M248.2M325.9M
Other Assets365.8M1.3B1.3B862.7M992.1M1.0B
Long Term Debt6.1B11.7B11.6B12.6B12.3B7.4B
Property Plant Equipment13.1B13.4B13.5B15.2B17.5B10.7B
Retained Earnings Total Equity2.9B3.8B(295.4M)(4.8B)(4.3B)(4.1B)
Net Tangible Assets4.3B3.8B1.8B(530.1M)(477.1M)(453.2M)
Long Term Debt Total5.8B6.1B11.7B11.6B13.3B8.0B
Capital Surpluse4.1B4.2B4.9B7.5B8.6B5.0B

Currently Active Assets on Macroaxis

When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Hotels, Resorts & Cruise Lines space 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
0.34
Earnings Share
1.14
Revenue Per Share
21.674
Quarterly Revenue Growth
0.107
Return On Assets
0.044
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.