NCLHNorwegian Cruise Line Holdings
Norwegian commenced operations from Miami, Florida in 1966, launching the modern cruise industry by offering weekly departures from Miami, Florida to destinations in the Caribbean. 10-K, Item 1
- Employees
- 5,300
- Headquarters
- Miami, FL
- CEO
- John Chidsey
- Next results
- around Feb 11, 2027
What the 10-K filed 2026-03-02 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-27.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
No specific sentence about this in the 10-K.
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
No specific sentence about this in the 10-K.
Lawsuits and legal claims
Pending cases, settlements and what the company has set aside for them.
“Our threshold for disclosing material environmental legal proceedings involving a governmental authority where potential monetary sanctions are involved is $1 million.”
Read it in the 10-K ↗
Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
No specific sentence about this in the 10-K.
Debt covenants
1 newConditions in loan agreements that, if broken, can make debt due early.
“At December 31, 2025, we were in compliance with all of our debt covenants.”
Read it in the 10-K ↗
“If we do not continue to remain in compliance with our covenants, we would have to seek additional amendments to or waivers of the covenants.”
Read it in the 10-K ↗
“Certain of our debt agreements contain covenants that, among other things, require us to maintain a minimum level of liquidity, as well as limit our net funded debt-to-capital ratio and maintain certain other ratios.”
Read it in the 10-K ↗
“We believe we were in compliance with our covenants as of December 31, 2025.”
Read it in the 10-K ↗
New “payment requirements, capital expenditures and maintain compliance with covenants under our debt agreements over the next 12-month period.”
Read it in the 10-K ↗
Commitments off the balance sheet
Contracts the company must pay for later: purchase obligations, take-or-pay deals.
No specific sentence about this in the 10-K.
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on NCLH in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
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