NextTrip (NTRP) Asset Utilization Ratio (2011 - 2026)
NextTrip's (NTRP) Asset Utilization Ratio came in at 0.38 for fiscal Q2 2027 (quarter ended Aug 31, 2026), up 352.0% from 0.08 a year earlier but down 3.2% from the prior quarter.
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Analysis
NextTrip (NTRP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), NextTrip's Asset Utilization Ratio stood at 0.32, up 383.8% from FY2025.
- In prior fiscal years, NextTrip's Asset Utilization Ratio was 0.07 in FY2025 (-20.2%), 0.08 in FY2024 (+26.5%), 0.07 in FY2023 and 0.06 in FY2022 (-61.8%).
- Quarterly Asset Utilization Ratio has run from a low of 0.04 in fiscal Q1 2026 to a high of 0.40 in fiscal Q1 2027 over five years.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last four quarters, with growth averaging 229.9% over the last six quarters.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.40 (Q1 2027), 0.27 (Q4 2026) and 0.15 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 0.49 |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 0.52 |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 0.85 |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 0.53 |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 0.97 |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 0.83 |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 0.90 |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 1.37 |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 0.97 |
| 10 | NextTrip | 17.21 Mn | 11.13 Mn | 175,976.00 | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.38 |
| May 31, 2026 | 0.40 |
| Feb 28, 2026 | 0.27 |
| Nov 30, 2025 | 0.15 |
| Aug 31, 2025 | 0.08 |
| May 31, 2025 | 0.04 |
| Feb 28, 2025 | 0.07 |
| Nov 30, 2024 | 0.13 |
| Aug 31, 2024 | 0.16 |
| May 31, 2024 | 0.13 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.10 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.06 |
| Mar 31, 2021 | 0.08 |
| Dec 31, 2020 | 0.13 |
| Sep 30, 2020 | 0.14 |
API Access
NextTrip Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NTRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NTRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NTRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();