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

NextTrip's Asset Utilization Ratio history spans 15 years, with the latest figure at 0.15 for Q4 2025.

  • For Q4 2025, Asset Utilization Ratio rose 21.74% year-over-year to 0.15; the TTM value through Nov 2025 reached 0.15, up 21.74%, while the annual FY2025 figure was 0.07, 20.17% down from the prior year.
  • Asset Utilization Ratio for Q4 2025 was 0.15 at NextTrip, up from 0.08 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.16 in Q3 2024 and bottomed at 0.04 in Q2 2025.
  • The 5-year median for Asset Utilization Ratio is 0.1 (2022), against an average of 0.1.
  • The largest annual shift saw Asset Utilization Ratio crashed 73.84% in 2021 before it skyrocketed 123.51% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.11 in 2021, then dropped by 15.27% to 0.09 in 2022, then increased by 5.7% to 0.1 in 2023, then grew by 26.59% to 0.13 in 2024, then increased by 21.74% to 0.15 in 2025.
  • Per Business Quant, the three most recent readings for NTRP's Asset Utilization Ratio are 0.15 (Q4 2025), 0.08 (Q3 2025), and 0.04 (Q2 2025).