Norwegian Accounts Payable from 2010 to 2024

NCLH Stock  USD 26.86  0.10  0.37%   
Norwegian Cruise's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 109 M. Accounts Payable is the amount Norwegian Cruise Line owes to suppliers or vendors for products or services received but not yet paid for. It represents Norwegian Cruise's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2008-12-31
Previous Quarter
182.5 M
Current Value
172.9 M
Quarterly Volatility
77.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Norwegian Cruise financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norwegian Cruise's main balance sheet or income statement drivers, such as Depreciation And Amortization of 423.4 M, Interest Expense of 390.4 M or Total Revenue of 9 B, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 29.69. Norwegian financial statements analysis is a perfect complement when working with Norwegian Cruise Valuation or Volatility modules.
  
Check out the analysis of Norwegian Cruise Correlation against competitors.

Latest Norwegian Cruise's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Norwegian Cruise Line over the last few years. An accounting item on the balance sheet that represents Norwegian Cruise obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Norwegian Cruise Line are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Norwegian Cruise's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Norwegian Cruise's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Norwegian Accounts Payable Regression Statistics

Arithmetic Mean109,977,908
Geometric Mean96,159,447
Coefficient Of Variation55.70
Mean Deviation47,453,916
Median86,788,000
Standard Deviation61,262,048
Sample Variance3753T
Range195.2M
R-Value0.61
Mean Square Error2543T
R-Squared0.37
Significance0.02
Slope8,341,608
Total Sum of Squares52542.5T

Norwegian Accounts Payable History

2024109 M
2023174.3 M
2022228.7 M
2021233.2 M
202083.1 M
2019100.8 M
2018159.6 M

About Norwegian Cruise Financial Statements

Investors use fundamental indicators, such as Norwegian Cruise's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Norwegian Cruise's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable174.3 M109 M

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 the analysis of Norwegian Cruise Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.