Norwegian Cruise Line ROIC
What is the ROIC of Norwegian Cruise Line?
The ROIC of Norwegian Cruise Line Holdings Ltd. is -13.77%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Miscellaneous sector on LSE compared to Norwegian Cruise Line
What does Norwegian Cruise Line do?
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 operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, India and the rest of Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, South America, the Panama Canal, and the Caribbean. As of December 31, 2020, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. The company was founded in 1966 and is based in Miami, Florida.
Companies with roic similar to Norwegian Cruise Line
- aap Implantate AG has ROIC of -13.84%
- nLIGHT Inc has ROIC of -13.83%
- Tofutti Brands has ROIC of -13.83%
- Lemonade has ROIC of -13.83%
- Life & Banc Split has ROIC of -13.78%
- Akora Resources Ltd has ROIC of -13.78%
- Norwegian Cruise Line has ROIC of -13.77%
- Tilray has ROIC of -13.74%
- ImmunoPrecise Antibodies has ROIC of -13.74%
- ImmunoPrecise Antibodies has ROIC of -13.74%
- GB Global has ROIC of -13.73%
- American Resources has ROIC of -13.70%
- Sportech Plc has ROIC of -13.70%