Norwegian Cruise Line Holdings
1.77 %
0.39 %
Yet to be announced
Company Overview
Norwegian Cruise Line Holdings Ltd. is a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The company offers cruise travel experiences worldwide, with itineraries ranging from 3 days to 180-day around-the-world voyages.
The company generates revenue primarily through ticket sales and onboard spending, including accommodations, meals, beverages, shore excursions, and casino operations.
Revenue Sources
FailBased on the company's financial reports, a portion of their revenue comes from casino operations aboard their cruise ships. While the exact percentage isn't disclosed in their financial statements, industry standards suggest that casino operations typically account for 5-7% of cruise line revenue. This exceeds the 2.5% threshold for haram income sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.13b | $2.14b | - | $217.87m | 0.00% | 10.16% |
| Dec. 31, 2024 | $2.11b | $2.07b | - | $175.36m | 0.00% | 8.47% |
| Sept. 30, 2024 | $2.81b | $2.29b | - | $175.22m | 0.00% | 7.65% |
| June 30, 2024 | $2.37b | $2.21b | - | $178.47m | 0.00% | 8.08% |
The company's interest expenses for the past four quarters were significant relative to total expenses. The interest expense to total expense ratios consistently exceeded 5% of total expenses, indicating that interest plays a material role in the company's operations.
Operational Ethics
PassAfter reviewing available information, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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