NextTrip (NTRP) Interest Coverage Ratio (2010 - 2026)
NextTrip (NTRP) reported Interest Coverage Ratio of 44.69 for Q2 2026, up 56.5% on a YoY basis from 28.55 in Q2 2025, and down 32.59% sequentially from 33.7 in Q1 2026.
NextTrip (NTRP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
NextTrip (NTRP) has 13 years of Interest Coverage Ratio data on file, last reported at 44.69 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 56.5% year-over-year to 44.69; the trailing twelve-month figure through May 2026 stood at 44.23 (down 7.89% YoY), and the FY2026 full-year result was 1.13, up 95.18% from the prior year.
- Interest Coverage Ratio slipped to 44.69 in Q2 2026, from 33.7 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 15.95 in Q3 2025 to a low of 983.21 in Q4 2022.
- A 5-year average of 101.74 and a median of 26.32 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 1238.68% in 2022 and surged 87.35% in 2024, its largest moves.
- Tracing NTRP's Interest Coverage Ratio over 5 years: stood at 983.21 in 2022, then soared by 90.65% to 91.98 in 2023, then jumped by 75.33% to 22.69 in 2024, then rose by 14.53% to 19.39 in 2025, then tumbled by 130.42% to 44.69 in 2026.
- Business Quant data shows NTRP's Interest Coverage Ratio at 44.69 in Q2 2026, 33.7 in Q1 2026, and 19.39 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 4.67 |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 3.63 |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 0.52 |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 4.85 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -12.55 |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.25 |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 1.27 |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 57.59 |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 2.43 |
| 10 | NextTrip | 408,610.45 | -394,879.55 | 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 | -37.44 |
| Nov 30, 2024 | -22.69 |
| Aug 31, 2024 | -23.03 |
| May 31, 2024 | -16.85 |
| Feb 29, 2024 | -18.59 |
| Nov 30, 2023 | -91.98 |
| Aug 31, 2023 | -108.69 |
| May 31, 2023 | -133.24 |
| Dec 31, 2022 | -983.21 |
| 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 |