Company / Working Capital
Norwegian Cruise Line Holdings Working Capital History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$4.8B
FY2024
5-year range
-$4.8B / $1.6B
FY2020-FY2024
Trend
-1.0%
vs FY2023
Sector context
#222 of 225
Consumer Discretionary
What the data says
Among 225 Consumer Discretionary companies, Norwegian Cruise Line Holdings is in the bottom 1% for working capital. Working Capital has declined for 4 consecutive years, from $1.6B in FY2020 to -$4.8B in FY2024.
Based on SEC 10-K filings.
-$4.8B in FY2024.
Declined from -$3.2B to -$4.8B over the past 2 years.
Consumer Discretionary sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in Consumer DiscretionaryTop 99% of 225This company -$4.8B Sector average $824.4M
▼
-678.7% below sector average
Key checks
Key Insights
- Norwegian Cruise Line Holdings's working capital has declined for 4 consecutive years.
- In FY2024, working capital decreased 1.0% year-over-year.
- Ranks #222 out of 225 companies in the Consumer Discretionary sector.
- Peak working capital was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$4.8B | -1.0% |
| FY2023 | -$4.7B | -48.5% |
| FY2022 | -$3.2B | -642.0% |
| FY2021 | -$428.9M | -126.1% |
| FY2020 | $1.6B | +157.6% |
| FY2019 | -$2.9B | -9.8% |
| FY2018 | -$2.6B | -31.9% |
| FY2017 | -$2.0B | -3.7% |
| FY2016 | -$1.9B | +6.1% |
| FY2015 | -$2.0B | -12.4% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026