Norwegian Cruise Return On Asset vs. Debt To Equity
| N1CL34 Stock | BRL 162.40 0.22 0.14% |
For Norwegian Cruise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Norwegian Cruise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Norwegian Cruise Line utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Norwegian Cruise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Norwegian Cruise Line over time as well as its relative position and ranking within its peers.
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Norwegian Cruise Line Debt To Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Cruise's current stock value. Our valuation model uses many indicators to compare Norwegian Cruise value to that of its competitors to determine the firm's financial worth. Norwegian Cruise Line is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in debt to equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norwegian Cruise by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norwegian Cruise's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Norwegian Debt To Equity vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Norwegian Cruise |
| = | -0.065 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Norwegian Cruise |
| = | 2.84 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Norwegian Debt To Equity Comparison
Norwegian Cruise is currently under evaluation in debt to equity category among its peers.
Norwegian Cruise Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Norwegian Cruise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Norwegian Cruise will eventually generate negative long term returns. The profitability progress is the general direction of Norwegian Cruise's change in net profit over the period of time. It can combine multiple indicators of Norwegian Cruise, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and internationally. The company was founded in 1966 and is based in Miami, Florida. NORWEGIAN CRDRN operates under Travel Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 34300 people.
Norwegian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Norwegian Cruise. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Norwegian Cruise position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Norwegian Cruise's important profitability drivers and their relationship over time.
Use Norwegian Cruise in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Norwegian Cruise position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Norwegian Cruise will appreciate offsetting losses from the drop in the long position's value.Norwegian Cruise Pair Trading
Norwegian Cruise Line Pair Trading Analysis
The ability to find closely correlated positions to Norwegian Cruise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Norwegian Cruise when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Norwegian Cruise - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Norwegian Cruise Line to buy it.
The correlation of Norwegian Cruise is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Norwegian Cruise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Norwegian Cruise Line moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Norwegian Cruise can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Norwegian Cruise position
In addition to having Norwegian Cruise in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Norwegian Stock
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. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
To fully project Norwegian Cruise's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Norwegian Cruise Line at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Norwegian Cruise's income statement, its balance sheet, and the statement of cash flows.