NextTrip (NTRP) Debt Ratio (2016 - 2026)
NextTrip's (NTRP) Debt Ratio was 0.32 for fiscal Q1 2027 (quarter ended May 31, 2026), up 54.8% from 0.21 a year earlier and up 22.6% from the prior quarter.
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Analysis
NextTrip (NTRP) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Debt Ratio at NextTrip 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 Q1 2027 figure ranks as the highest quarterly Debt Ratio since fiscal Q3 2025.
- Year over year, Debt Ratio gained in two of the last six quarters, with growth averaging 28.9%.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 0.26 (Q4 2026), 0.28 (Q3 2026) and 0.24 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 0.09 |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 0.68 |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | - |
| 10 | NextTrip | 27.21 Mn | 20.45 Mn | 208,099.00 | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 0.58 |
| 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 |
| Dec 31, 2017 | 0.03 |
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();