NextTrip (NTRP) Interest Coverage Ratio (2010 - 2026)
NextTrip (NTRP) posted Interest Coverage Ratio of 44.69 for Q2 2026, down 32.59% sequentially from 33.7 in Q1 2026, and up 56.5% YoY from 28.55 in Q2 2025.
NextTrip (NTRP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
NextTrip has reported Interest Coverage Ratio for 13 years, with the latest figure at 44.69 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 56.5% year-over-year to 44.69 in Q2 2026, while the trailing twelve-month figure through May 2026 was 138.65 (up 71.18% YoY) and the FY2026 annual result came in at 1.13, up 95.18% from the prior year.
- Interest Coverage Ratio slipped to 44.69 in Q2 2026 per NTRP's latest filing, from 33.7 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 13.35 in Q1 2025 and troughed at 659.3 in Q1 2024.
- A 5-year average of 78.94 and a median of 26.02 in 2022 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio tumbled 1238.68% in 2022, then surged 102.03% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 5.61 in 2022, then slumped by 1539.9% to 91.98 in 2023, then jumped by 75.33% to 22.69 in 2024, then climbed by 14.53% to 19.39 in 2025, then slumped by 130.42% to 44.69 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 44.69, 33.7, and 19.39 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.63 Bn | 140.41 Bn | 4.98 Bn | 8.28 |
| 2 | Airbnb | 106.16 Bn | 94.09 Bn | 2.98 Bn | 3.97 |
| 3 | Royal Caribbean Cruises | 81.03 Bn | 80.11 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 44.28 Bn | 40.47 Bn | 713.43 Mn | 10.00 |
| 5 | Carnival | 38.41 Bn | 36.17 Bn | - | 1.25 |
| 6 | Expedia | 38.31 Bn | 31.18 Bn | 3.91 Bn | 13.11 |
| 7 | Trip.com | 29.06 Bn | 17.36 Bn | 1.86 Bn | -33.50 |
| 8 | Norwegian Cruise Line Holdings | 8.36 Bn | 8.15 Bn | 1.05 Bn | 15.97 |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 1.25 |
| 10 | NextTrip | 19.90 Mn | 19.10 Mn | 208,099.00 | -44.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -44.69 |
| Feb 28, 2026 | -33.70 |
| Nov 30, 2025 | -19.39 |
| Aug 31, 2025 | -15.95 |
| May 31, 2025 | -102.72 |
| Feb 28, 2025 | 13.35 |
| Nov 30, 2024 | -22.69 |
| Aug 31, 2024 | -23.03 |
| May 31, 2024 | -16.85 |
| Feb 29, 2024 | -659.30 |
| Nov 30, 2023 | -91.98 |
| Aug 31, 2023 | -108.69 |
| May 31, 2023 | -133.24 |
| Dec 31, 2022 | -5.61 |
| Sep 30, 2022 | -26.32 |
| Jun 30, 2022 | -25.07 |
| Mar 31, 2022 | -26.02 |
| Dec 31, 2021 | 345.37 |
| Sep 30, 2021 | -9.31 |
| Jun 30, 2021 | -2.45 |