NextTrip (NTRP) Asset Utilization Ratio (2011 - 2026)

NextTrip has disclosed Asset Utilization Ratio across 15 years of filings, most recently posting 0.27 for Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.27, up 301.86% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.27 (up 301.86% YoY), and the FY2026 annual result was 0.32, up 383.79% from the prior year.
• Asset Utilization Ratio came in at 0.27 for Q1 2026 at NextTrip, up from 0.15 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.27 in Q1 2026 to a low of 0.04 in Q2 2025.
• The 4-year median for Asset Utilization Ratio is 0.11 (2022), against an average of 0.12.
• Across the five-year window, Asset Utilization Ratio plunged 66.32% in 2025 and soared 301.86% in 2026, its largest moves.
• NextTrip's Asset Utilization Ratio stood at 0.09 in 2022, then surged by 33.81% to 0.13 in 2024, then grew by 21.74% to 0.15 in 2025, then surged by 75.59% to 0.27 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.27 (Q1 2026), 0.15 (Q4 2025), and 0.08 (Q3 2025), per Business Quant data.