This post was originally published on this site
The company has been benefiting from strong demand and growth in booking volume. Its overall cumulative bookings for 2022 are ahead of 2019 levels. However, the impact of the COVID-19 pandemic on its business results is uncertain as the Delta variant remains a concern.
NCLH’s balance sheet looks good with $2.8 billion in cash as of the most recent quarter compared with only $361 million in short-term debt. While sales are down 99.5% year over the past year, they are expected to rise 3,232% year over year in the current quarter.
