NextTrip (NTRP) Debt Ratio (2016 - 2026)
NextTrip (NTRP) reported Debt Ratio of 0.26 for Q2 2026, up 2772.66% on a YoY basis from 0.01 in Q2 2025, and up 6.49% sequentially from 0.24 in Q1 2026.
NextTrip (NTRP) Debt Ratio (2016 - 2026) Analysis & Trends
NextTrip (NTRP) has 7 years of Debt Ratio data on file, last reported at 0.26 in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 2772.66% year-over-year to 0.26; the trailing twelve-month figure through May 2026 stood at 0.26 (up 2772.66% YoY), and the FY2026 full-year result was 0.24, changed N/A from the prior year.
- Debt Ratio grew to 0.26 in Q2 2026, from 0.24 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.55 in Q1 2023 to a low of 0.01 in Q2 2025.
- A 4-year average of 0.25 and a median of 0.24 in 2026 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio dropped 29.74% in 2025 and surged 2772.66% in 2026, its largest moves.
- Tracing NTRP's Debt Ratio over 4 years: stood at 0.55 in 2023, then slumped by 47.27% to 0.29 in 2024, then declined by 28.23% to 0.21 in 2025, then advanced by 24.52% to 0.26 in 2026.
- Business Quant data shows NTRP's Debt Ratio at 0.26 in Q2 2026, 0.24 in Q1 2026, and 0.21 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 0.66 |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 0.50 |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 0.09 |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 0.06 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 0.45 |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 0.48 |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 0.17 |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 0.64 |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | NextTrip | 408,610.45 | -394,879.55 | 208,099.00 | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.26 |
| Feb 28, 2026 | 0.24 |
| Nov 30, 2025 | 0.21 |
| Aug 31, 2025 | 0.20 |
| May 31, 2025 | 0.01 |
| Aug 31, 2024 | 0.29 |
| Feb 28, 2023 | 0.55 |
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | 0.01 |
| Mar 31, 2018 | 0.04 |
| Dec 31, 2017 | 0.03 |
| Sep 30, 2017 | 0.22 |
| Jun 30, 2017 | 0.18 |
| Mar 31, 2017 | 0.15 |
| Dec 31, 2016 | 0.60 |