Norwegian Other Operating Expenses vs Net Income From Continuing Ops 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 Other Operating Expenses and its Net Income From Continuing Ops 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.
Other Operating Expenses vs Net Income From Continuing Ops
Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norwegian Cruise Line Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Norwegian Cruise's Other Operating Expenses and Net Income From Continuing Ops is 0.02. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Norwegian Cruise Line are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Norwegian Cruise's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Norwegian Cruise Line. It is also known as Norwegian Cruise overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income From Continuing Ops
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 Expense | 2.1B | 801.5M | 727.5M | 390.4M | Depreciation And Amortization | 753.5M | 803.0M | 808.6M | 423.4M |
Norwegian Cruise fundamental ratios Correlations
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Norwegian Cruise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norwegian Cruise fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.7B | 18.4B | 18.7B | 18.6B | 19.5B | 11.5B | |
Short Long Term Debt Total | 6.8B | 11.8B | 12.4B | 13.6B | 14.7B | 15.5B | |
Other Current Liab | 782.3M | 596.1M | 990.2M | 1.2B | 2.1B | 2.2B | |
Total Current Liabilities | 3.6B | 1.9B | 3.7B | 5.1B | 6.0B | 6.3B | |
Total Stockholder Equity | 6.5B | 4.4B | 2.4B | 68.6M | 300.8M | 285.8M | |
Property Plant And Equipment Net | 13.1B | 13.4B | 13.5B | 14.5B | 17.2B | 9.1B | |
Current Deferred Revenue | 2.0B | 1.1B | 1.6B | 2.5B | 3.1B | 3.2B | |
Net Debt | 6.5B | 8.5B | 10.9B | 12.7B | 14.3B | 15.0B | |
Retained Earnings | 3.8B | (295.4M) | (4.8B) | (7.1B) | (6.9B) | (6.6B) | |
Accounts Payable | 100.8M | 83.1M | 233.2M | 228.7M | 174.3M | 109.0M | |
Cash | 252.9M | 3.3B | 1.5B | 947.0M | 402.4M | 432.7M | |
Non Current Assets Total | 16.0B | 14.8B | 15.4B | 16.7B | 18.2B | 10.7B | |
Non Currrent Assets Other | 612.7M | 831.9M | 1.3B | 1.6B | 394.2M | 425.1M | |
Cash And Short Term Investments | 252.9M | 3.3B | 1.7B | 947.0M | 402.4M | 445.9M | |
Net Receivables | 75.1M | 20.6M | 1.2B | 326.3M | 280.3M | 294.3M | |
Common Stock Total Equity | 235K | 237K | 316K | 417K | 479.6K | 503.5K | |
Common Stock Shares Outstanding | 216.5M | 254.7M | 365.4M | 419.8M | 427.4M | 266.4M | |
Liabilities And Stockholders Equity | 16.7B | 18.4B | 18.7B | 18.6B | 19.5B | 11.5B | |
Non Current Liabilities Total | 6.6B | 12.1B | 12.6B | 13.4B | 13.2B | 13.8B | |
Inventory | 95.4M | 82.4M | 118.2M | 148.7M | 157.6M | 165.5M | |
Other Current Assets | 306.7M | 154.1M | 269.2M | 450.9M | 472.8M | 496.5M | |
Other Stockholder Equity | 3.0B | 4.9B | 7.5B | 7.6B | 7.7B | 4.1B | |
Total Liab | 10.2B | 14.0B | 16.3B | 18.5B | 19.2B | 20.2B | |
Property Plant And Equipment Gross | 13.4B | 13.6B | 18.6B | 20.3B | 23.0B | 24.1B | |
Total Current Assets | 730.1M | 3.6B | 3.3B | 1.9B | 1.3B | 805.6M | |
Accumulated Other Comprehensive Income | (295.5M) | (240.1M) | (285.1M) | (477.1M) | (508.4M) | (483.0M) | |
Short Term Debt | 746.4M | 124.9M | 911.3M | 1.0B | 1.8B | 1.9B | |
Common Stock | 237K | 316K | 417K | 421K | 425K | 446.3K | |
Other Liab | 320.2M | 450.1M | 997.1M | 215.8M | 248.2M | 325.9M | |
Other Assets | 365.8M | 1.3B | 1.3B | 862.7M | 992.1M | 1.0B | |
Long Term Debt | 6.1B | 11.7B | 11.6B | 12.6B | 12.3B | 7.4B | |
Property Plant Equipment | 13.1B | 13.4B | 13.5B | 15.2B | 17.5B | 10.7B | |
Retained Earnings Total Equity | 2.9B | 3.8B | (295.4M) | (4.8B) | (4.3B) | (4.1B) | |
Net Tangible Assets | 4.3B | 3.8B | 1.8B | (530.1M) | (477.1M) | (453.2M) | |
Long Term Debt Total | 5.8B | 6.1B | 11.7B | 11.6B | 13.3B | 8.0B | |
Capital Surpluse | 4.1B | 4.2B | 4.9B | 7.5B | 8.6B | 5.0B |
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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.