NTRP (NextTrip) Debt-to-Equity: 0.82 (As of May. 2026) — 925% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NTRP NextTrip Inc NTRP
35 GF Score
Price $1.35
GF Value $2.91
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is NextTrip Debt-to-Equity?

NextTrip NTRP +16.10% 35 Debt-to-Equity is 0.82 as of May. 2026, which is 925% above its 10-year median of 0.08. GuruFocus rates NTRP with a GF Score™ of 35/100 and a GF Value™ of $2.91 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 719 Travel & Leisure companies, NextTrip ranks worse than 66.76% on this metric.

NextTrip's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.91 Mil. NextTrip's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $3.10 Mil. NextTrip's Total Stockholders Equity for the quarter that ended in May. 2026 was $4.90 Mil. NextTrip's debt to equity for the quarter that ended in May. 2026 was 0.82.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for NextTrip's Debt-to-Equity or its related term are showing as below:

NTRP' s Debt-to-Equity Range Over the Past 10 Years
Min: -21.34   Med: 0.08   Max: 1.59
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of NextTrip was 1.59. The lowest was -21.34. And the median was 0.08.

NTRP's Debt-to-Equity is ranked worse than
66.76% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.42 vs NTRP: 0.82

NextTrip  (NAS:NTRP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


NextTrip Debt-to-Equity Related Terms


NextTrip Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NextTrip's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextTrip Debt-to-Equity Chart

NextTrip Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Feb23 Feb24 Feb25 Feb26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.36 0.27 0.08 0.61

NextTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.59 0.65 0.61 0.82

NTRP vs AHMA, NNAX, YTRA: Debt-to-Equity Comparison

For the Travel Services subindustry, NextTrip's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextTrip Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NextTrip's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NextTrip's Debt-to-Equity falls into.


NTRP
35GF Score
NextTrip Inc NTRP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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NextTrip Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NextTrip's Debt to Equity Ratio for the fiscal year that ended in Feb. 2026 is calculated as

NextTrip's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.82 mean?
NextTrip (NTRP) has a Debt-to-Equity of 0.82 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NextTrip and its competitors. This is 925% above median its historical median of 0.08. According to the industry distribution chart, NextTrip ranks #480 out of 719 companies in the Travel & Leisure industry, placing it in the top 66.8%.
Is NextTrip's Debt-to-Equity too high?
NextTrip's current Debt-to-Equity of 0.82 is 925% above median its 10-year median of 0.08. The Travel & Leisure industry median Debt-to-Equity is 0.42. NextTrip's value of 0.82 is 95.2% above this industry median. Based on the distribution chart, NextTrip ranks #480 out of 719 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, NextTrip has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NextTrip's Debt-to-Equity compare to AHMA and NNAX?
According to the Travel & Leisure industry distribution chart, NextTrip ranks #480 out of 719 companies for Debt-to-Equity. This places NextTrip in the lower half of its industry. The industry median Debt-to-Equity is 0.42. NextTrip's value of 0.82 is 95.2% above this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.42, NextTrip has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextTrip's current Debt-to-Equity of 0.82 is 95.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NextTrip and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextTrip's current Debt-to-Equity is 0.82, which is 925% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextTrip stock overvalued right now?
Based on GuruFocus' analysis, NextTrip (NTRP) is currently considered Possible Value Trap. The stock's GF Value™ is $2.91, compared to a current price of $1.35 — trading 53.6% below its estimated fair value. The current Debt-to-Equity is 0.82, which is 925% above median its 10-year median of 0.08 and 95.2% above the Travel & Leisure industry median of 0.42. NextTrip's overall GF Score™ is 35/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For NextTrip (NTRP), the current Debt-to-Equity is 0.82 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NextTrip (NTRP) Overvalued in 2026?

Based on GuruFocus' analysis, NextTrip stock appears to be undervalued. The current stock price of $1.35 is trading 53.6% below its estimated GF Value™ of $2.91. GuruFocus considers NextTrip to be Possible Value Trap.

Key valuation signals for NTRP:

  • Debt-to-Equity: 0.82 (925% above median its 10-year median of 0.08)
  • GF Value™: $2.91 vs. price of $1.35 (53.6% below fair value)
  • GF Score™: 35/100 with 8 warning signs
  • Industry Position: 95.2% above the Travel & Leisure median (#480 of 719)

No single metric tells the full story. See the NTRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NextTrip Business Description

Address 3900 Paseo del Sol, Santa Fe, NM, USA, 87507
NextTrip Inc is a technology-forward travel and media company operating at the intersection of premium content and travel commerce. It believe the travel industry is undergoing a structural shift toward video-led discovery, personalized planning, and seamless booking experiences, where consumers increasingly move from inspiration to transaction within connected digital environments. It operate and report its business in two segments: Travel segment encompasses its travel booking and commerce operations; and Media segment encompasses its content creation, audience development, media distribution, and advertising monetization operations. The company generates majority of revenue from Travel segment.
35GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.35
Price
$2.91
GF Value