NextTrip (NTRP) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for NextTrip (NTRP) over the last 15 years, with Q4 2025 value amounting to 0.15.
- NextTrip's Asset Utilization Ratio rose 2173.71% to 0.15 in Q4 2025 from the same period last year, while for Nov 2025 it was 0.15, marking a year-over-year increase of 2173.71%. This contributed to the annual value of 0.07 for FY2025, which is 2017.4% down from last year.
- Latest data reveals that NextTrip reported Asset Utilization Ratio of 0.15 as of Q4 2025, which was up 2173.71% from 0.08 recorded in Q3 2025.
- In the past 5 years, NextTrip's Asset Utilization Ratio ranged from a high of 0.16 in Q3 2024 and a low of 0.04 during Q2 2025
- In the last 5 years, NextTrip's Asset Utilization Ratio had a median value of 0.1 in 2022 and averaged 0.1.
- As far as peak fluctuations go, NextTrip's Asset Utilization Ratio plummeted by 7383.87% in 2021, and later surged by 12351.05% in 2022.
- Over the past 5 years, NextTrip's Asset Utilization Ratio (Quarter) stood at 0.11 in 2021, then fell by 15.27% to 0.09 in 2022, then grew by 5.7% to 0.1 in 2023, then rose by 26.59% to 0.13 in 2024, then increased by 21.74% to 0.15 in 2025.
- Its Asset Utilization Ratio was 0.15 in Q4 2025, compared to 0.08 in Q3 2025 and 0.04 in Q2 2025.