NextTrip annual debt-to-equity ratio
2016
2017
2023
2024
2025
2026
NextTrip Debt-to-Equity Ratio Growth & History (NTRP)
NextTrip's debt-to-equity ratio was 0.65 for fiscal 2026.
View full NextTrip company overviewNextTrip annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 0.65 | 0.57 | +741.33% |
| 2025 | 2025-02-28 | 0.08 | −0.19 | −70.90% |
| 2024 | 2024-02-29 | 0.26 | −1.83 | −87.36% |
| 2023 | 2023-02-28 | 2.09 | — | — |
| 2017 | 2017-12-31 | 0.03 | −0.54 | −94.23% |
| 2016 | 2016-12-31 | 0.58 | — | — |
NextTrip quarterly debt-to-equity 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-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 1.08 | 0.73 | +207.87% |
| Q4 2026 | 2026-02-28 | 0.65 | — | — |
| Q3 2026 | 2025-11-30 | 0.70 | — | — |
| Q2 2026 | 2025-08-31 | 0.63 | — | — |
| Q1 2026 | 2025-05-31 | 0.35 | — | — |
| Q4 2023 | 2023-02-28 | 2.09 | — | — |
| Q3 2018 | 2018-09-30 | 0.02 | −0.29 | −94.46% |
| Q2 2018 | 2018-06-30 | 0.01 | −0.22 | −94.73% |
| Q1 2018 | 2018-03-31 | 0.05 | — | — |
| Q4 2017 | 2017-12-31 | 0.03 | −0.54 | −94.23% |
| Q3 2017 | 2017-09-30 | 0.31 | — | — |
| Q2 2017 | 2017-06-30 | 0.23 | — | — |
| Q4 2016 | 2016-12-31 | 0.58 | — | — |
NextTrip debt-to-equity ratio trends
Between the periods ended 2016-12-31 and 2026-02-28, NextTrip's debt-to-equity ratio increased from 0.58 to 0.65, a change of 0.07. The latest reported quarter, Q1 2027, shows 1.08.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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