NextTrip (NTRP) Asset Utilization Ratio (2016 - 2025)

NextTrip (NTRP) has disclosed Asset Utilization Ratio for 15 consecutive years, with 0.15 as the latest value for Q4 2025.

  • Quarterly Asset Utilization Ratio rose 21.74% to 0.15 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.15 through Nov 2025, up 21.74% year-over-year, with the annual reading at 0.07 for FY2025, 20.17% down from the prior year.
  • Asset Utilization Ratio hit 0.15 in Q4 2025 for NextTrip, up from 0.08 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.16 in Q3 2024 to a low of 0.04 in Q2 2025.
  • Historically, Asset Utilization Ratio has averaged 0.1 across 5 years, with a median of 0.1 in 2022.
  • Biggest five-year swings in Asset Utilization Ratio: plummeted 73.84% in 2021 and later surged 123.51% in 2022.
  • Year by year, Asset Utilization Ratio stood at 0.11 in 2021, then decreased by 15.27% to 0.09 in 2022, then rose by 5.7% to 0.1 in 2023, then increased by 26.59% to 0.13 in 2024, then rose by 21.74% to 0.15 in 2025.
  • Business Quant data shows Asset Utilization Ratio for NTRP at 0.15 in Q4 2025, 0.08 in Q3 2025, and 0.04 in Q2 2025.