NORWEGIAN CRUISE LINE HOLDINGS LTD. NCLH Balance Sheet

Norwegian cruise line holdings ltd. (NCLH)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12
Assets
Current assets:
Cash and cash equivalents
1,360	252	407	419	304	163	286	205	301	176	522	219	219	128	155	145	154	115	230	172	121	84	55	63	64	56	56	82	81	45
Accounts receivable, net
96	75	67	75	57	55	46	44	41	43	56	50	47	63	55	60	45	44	41	36	30	32	25	27	18	18	17	16	13	15
Inventories
85	95	94	90	90	90	95	93	80	82	78	77	71	66	65	67	62	58	54	59	56	56	51	52	48	43	45	45	42	39
Prepaid expenses and other assets
154	306	273	317	316	241	298	329	337	216	206	167	149	153	159	166	130	121	114	130	115	109	57	67	56	64	66	56	69	64
Total current assets
1,696	730	842	903	768	550	727	671	760	518	864	513	488	411	436	440	392	340	441	399	324	283	190	210	187	182	187	201	206	164
Property and equipment, net
13,567	13,135	12,288	12,252	12,181	12,119	12,029	12,085	11,085	11,040	10,916	10,974	10,149	10,117	10,054	10,068	9,489	9,458	8,723	8,674	8,628	8,623	6,319	6,305	6,327	5,647	5,622	5,601	4,997	4,960
Goodwill
98	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	1,388	-	1,388	-	-	-	-	-	-	-	-
Tradenames
500	817	817	817	817	817	817	817	817	817	817	817	817	817	817	817	817	817	817	958	-	817	-	-	-	-	-	-	-	-
Goodwill and intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,365	-	611	611	611	611	611	611	611	611
Other long-term assets
599	612	600	603	605	329	353	365	432	329	277	251	232	238	245	242	317	259	375	265	273	355	252	187	193	209	184	174	176	202
Total assets
16,462	16,684	15,938	15,965	15,761	15,205	15,316	15,329	14,484	14,094	14,265	13,946	13,076	12,973	12,943	12,957	12,405	12,264	11,747	11,687	11,592	11,468	7,374	7,314	7,318	6,650	6,605	6,588	5,991	5,938
Liabilities and shareholders' equity
Current liabilities:
Current portion of long-term debt
173	746	605	605	608	681	679	679	772	619	605	600	531	560	566	581	629	629	587	585	579	576	381	372	363	286	282	272	221	221
Accounts payable
364	100	72	75	66	159	59	54	65	53	45	47	71	38	51	46	54	45	44	55	84	101	99	102	79	86	98	97	67	79
Accrued expenses and other liabilities
762	782	860	734	731	716	664	620	535	513	550	462	531	541	520	573	606	646	656	581	614	552	280	256	244	253	225	221	255	231
Advance ticket sales
1,659	1,954	1,861	2,167	2,023	1,593	1,648	1,951	1,720	1,303	1,327	1,543	1,372	1,172	1,210	1,390	1,178	1,023	1,103	1,213	1,056	817	504	610	531	411	434	542	464	353
Due to Affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	20	38	38	38	37	36	37	36	36	36	37	36	59
Total current liabilities
2,959	3,584	3,399	3,582	3,429	3,150	3,052	3,306	3,093	2,490	2,528	2,654	2,506	2,312	2,348	2,592	2,490	2,366	2,431	2,474	2,373	2,086	1,303	1,379	1,256	1,075	1,077	1,171	1,046	945
Long-term debt
8,432	6,055	5,672	5,743	5,934	5,810	5,875	6,149	5,580	5,688	6,002	6,083	5,644	5,838	5,815	5,971	5,670	5,767	5,096	5,178	5,379	5,503	3,082	3,129	3,290	2,841	2,830	2,918	2,416	2,764
Due to Affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	18	36	36	55	55	73	73	91	147
Other long-term liabilities
695	529	593	489	492	281	190	187	172	166	195	217	300	284	242	275	317	349	300	294	341	341	67	53	46	47	48	41	35	63
Total liabilities
12,087	10,169	9,665	9,815	9,855	9,242	9,118	9,642	8,845	8,345	8,727	8,954	8,450	8,436	8,406	8,839	8,478	8,483	7,828	7,946	8,113	7,950	4,490	4,600	4,648	4,019	4,030	4,204	3,590	3,919
Commitments and contingencies (Note 11)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Shareholders' equity:
Ordinary shares, $0.001 par value; 490,000,000 shares authorized; 238,976,120 shares issued and 214,525,261 shares outstanding at March 31, 2020 and 237,533,270 shares issued and 213,082,411 shares outstanding at December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
4,257	4,235	4,208	4,176	4,145	4,129	4,100	4,064	4,020	3,998	3,973	3,937	3,911	3,890	3,870	3,849	3,832	3,814	3,797	3,771	3,766	3,702	2,826	2,822	2,812	2,822	2,819	2,805	2,806	2,327
Accumulated other comprehensive income (loss)
-579	-295	-389	-179	-153	-161	56	51	73	26	-61	-170	-311	-314	-223	-278	-307	-412	-319	-227	-324	-242	-58	-23	-31	-16	-33	-47	-38	-17
Retained earnings
1,950	3,829	3,707	3,257	3,016	2,898	2,744	2,273	2,047	1,963	1,864	1,463	1,265	1,201	1,128	786	641	568	529	277	119	140	166	-34	-146	-197	-233	-404	-395	-299
Treasury shares (24,450,859 at March 31, 2020 and December 31, 2019, at cost)
1,253	1,253	1,253	1,104	1,104	904	702	702	502	239	239	239	239	239	239	239	239	189	89	82	82	82	82	79	-	-	-	-	-	-
Total shareholders' equity
-	-	-	-	-	-	-	-	-	-	-	-	-	4,537	-	-	-	3,780	-	-	-	-	2,883	2,714	2,669	2,631	2,574	2,384	2,401	2,018
Non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	29	34	22	22	30	28	8
Total shareholders' equity
4,374	6,515	6,273	6,150	5,905	5,963	6,198	5,686	5,639	5,749	5,537	4,991	4,625	-	4,536	4,118	3,927	-	3,918	3,740	3,479	3,518	2,852	2,685	2,634	2,608	2,552	2,353	2,372	2,010
Total liabilities and shareholders' equity
16,462	16,684	15,938	15,965	15,761	15,205	15,316	15,329	14,484	14,094	14,265	13,946	13,076	12,973	12,943	12,957	12,405	12,264	11,747	11,687	11,592	11,468	7,374	7,314	7,318	6,650	6,605	6,588	5,991	5,938