NextTrip annual debt-to-assets ratio
2016
2017
2023
2024
2025
2026
NextTrip Debt-to-Assets Ratio Growth & History (NTRP)
NextTrip's debt-to-assets ratio was 0.27 for fiscal 2026.
View full NextTrip company overviewNextTrip annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 0.27 | 0.21 | +366.48% |
| 2025 | 2025-02-28 | 0.06 | −0.11 | −64.91% |
| 2024 | 2024-02-29 | 0.16 | −0.01 | −5.54% |
| 2023 | 2023-02-28 | 0.17 | — | — |
| 2017 | 2017-12-31 | 0.03 | −0.27 | −90.20% |
| 2016 | 2016-12-31 | 0.30 | — | — |
NextTrip quarterly debt-to-assets ratio
Q4.16
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.23
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 0.33 | 0.11 | +51.97% |
| Q4 2026 | 2026-02-28 | 0.27 | — | — |
| Q3 2026 | 2025-11-30 | 0.28 | — | — |
| Q2 2026 | 2025-08-31 | 0.25 | — | — |
| Q1 2026 | 2025-05-31 | 0.21 | — | — |
| Q4 2023 | 2023-02-28 | 0.17 | — | — |
| Q3 2018 | 2018-09-30 | 0.01 | −0.20 | −93.45% |
| Q2 2018 | 2018-06-30 | 0.01 | −0.17 | −94.00% |
| Q1 2018 | 2018-03-31 | 0.04 | — | — |
| Q4 2017 | 2017-12-31 | 0.03 | −0.27 | −90.20% |
| Q3 2017 | 2017-09-30 | 0.22 | — | — |
| Q2 2017 | 2017-06-30 | 0.18 | — | — |
| Q4 2016 | 2016-12-31 | 0.30 | — | — |
NextTrip debt-to-assets ratio trends
Between the periods ended 2016-12-31 and 2026-02-28, NextTrip's debt-to-assets ratio decreased from 0.30 to 0.27, a change of −0.03. The latest reported quarter, Q1 2027, shows 0.33.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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