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| 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 |