Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', NCLH's return on assets was -24.1%, representing returns generated from total assets. Industry average for Marine Transportation in '2021' stood at 1.0%.
• In '2022', NCLH's return on assets was -12.2%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Marine Transportation in '2022' stood at 9.6%. Industry average increased by 8.6% compared to previous year.
• In '2023', NCLH's return on assets was 0.9%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Marine Transportation in '2023' stood at 8.6%. Industry average declined by 1.0% from previous year.
• In '2024', NCLH's return on assets was 4.6%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Marine Transportation in '2024' stood at 4.4%. Industry average declined by 4.1% from previous year.
Overall, NCLH's return on assets has been volatile but showed an upward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.