NextTrip (NTRP) Debt Ratio (2016 - 2026)

NextTrip (NTRP) posted Debt Ratio of 0.26 for Q2 2026, up 6.49% sequentially from 0.24 in Q1 2026, and up 2772.66% YoY from 0.01 in Q2 2025.

NextTrip (NTRP) Debt Ratio (2016 - 2026) Analysis & Trends

NextTrip has reported Debt Ratio for 7 years, with the latest figure at 0.26 in Q2 2026.

  • Quarterly Debt Ratio rose 2772.66% year-over-year to 0.26 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.26 (up 2772.66% YoY) and the FY2026 annual result came in at 0.24, changed N/A from the prior year.
  • Debt Ratio grew to 0.26 in Q2 2026 per NTRP's latest filing, from 0.24 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.55 in Q1 2023 and troughed at 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.
  • The sharpest annual moves came in 2025 and 2026: Debt Ratio fell 29.74% in 2025, then jumped 2772.66% in 2026.
  • Over 4 years, Debt Ratio stood at 0.55 in 2023, then sank by 47.27% to 0.29 in 2024, then decreased by 28.23% to 0.21 in 2025, then increased by 24.52% to 0.26 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.26, 0.24, and 0.21 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Booking Holdings 157.63 Bn 140.41 Bn 4.98 Bn 0.68
2 Airbnb 106.16 Bn 94.09 Bn 2.98 Bn 0.09
3 Royal Caribbean Cruises 81.03 Bn 80.11 Bn 2.29 Bn 0.51
4 Viking Holdings 44.28 Bn 40.47 Bn 713.43 Mn 0.45
5 Carnival 38.41 Bn 36.17 Bn - 0.48
6 Expedia 38.31 Bn 31.18 Bn 3.91 Bn 0.19
7 Trip.com 29.06 Bn 17.36 Bn 1.86 Bn 0.12
8 Norwegian Cruise Line Holdings 8.36 Bn 8.15 Bn 1.05 Bn 0.63
9 MakeMyTrip 5.80 Bn 5.03 Bn 212.91 Mn 0.80
10 NextTrip 19.90 Mn 19.10 Mn 208,099.00 0.26

Historic Data

Download Data
DateValue
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