NextTrip (NTRP) Debt Ratio (2016 - 2026)
NextTrip's (NTRP) Debt Ratio was 0.22 for fiscal Q2 2027 (quarter ended Aug 31, 2026), down 10.6% from 0.24 a year earlier and down 31.1% from the prior quarter.
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Analysis
NextTrip (NTRP) Debt Ratio (2016 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, NextTrip's Debt Ratio came in at 1.10, up 53.0% year-over-year; for FY2026 (ended Feb 28, 2026), it was 0.26, up 353.3% from FY2025.
- By fiscal year, Debt Ratio came in at 0.06 in FY2025 (-64.9%), 0.16 in FY2024 (-72.7%) and 0.60 in FY2023.
- The fiscal Q2 2027 figure ranks as the lowest quarterly Debt Ratio since fiscal Q1 2026.
- Year over year, Debt Ratio gained in two of the last seven quarters, with growth averaging 21.3%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q4 2026 (growth of 353.3%); the low point was fiscal Q4 2024 (a decline of 72.7%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.32 (Q1 2027), 0.26 (Q4 2026) and 0.28 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 0.12 |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 0.17 |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 0.26 |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 0.07 |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 0.22 |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 0.41 |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 0.71 |
| 10 | NextTrip | 17.21 Mn | 11.13 Mn | 175,976.00 | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.22 |
| May 31, 2026 | 0.32 |
| Feb 28, 2026 | 0.26 |
| Nov 30, 2025 | 0.28 |
| Aug 31, 2025 | 0.24 |
| May 31, 2025 | 0.21 |
| Feb 28, 2025 | 0.06 |
| Nov 30, 2024 | 0.76 |
| Aug 31, 2024 | 0.87 |
| May 31, 2024 | 0.39 |
| Feb 29, 2024 | 0.16 |
| Feb 28, 2023 | 0.60 |
| Dec 31, 2019 | 0.03 |
| Sep 30, 2019 | 0.02 |
| Jun 30, 2019 | 0.02 |
| Mar 31, 2019 | 0.01 |
| Dec 31, 2018 | 0.02 |
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | 0.01 |
| Mar 31, 2018 | 0.04 |
API Access
NextTrip Debt 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=debt-ratio&ticker=NTRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=NTRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();