Debt-to-equity of NextTrip, Inc. from 31 Mar 2012 to 30 Nov 2025

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
NextTrip, Inc. quarterly Debt-to-equity in % history and change rate from 31 Mar 2012 to 30 Nov 2025.
  • NextTrip, Inc. Debt-to-equity for the quarter ending 30 Nov 2025 was 90%, a 85% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

NextTrip, Inc. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q4 2025 90% -526% -85% 30 Nov 2025
Q3 2025 116% 31 Aug 2025
Q2 2025 146% 31 May 2025
Q1 2025 251% 28 Feb 2025
Q4 2024 616% 30 Nov 2024
Q3 2023 22% +13% +156% 30 Sep 2023
Q2 2023 16% +8.4% +118% 30 Jun 2023
Q1 2023 12% +5.5% +87% 31 Mar 2023
Q4 2022 9.4% -4.8% -34% 31 Dec 2022
Q3 2022 8.4% -7% -45% 30 Sep 2022
Q2 2022 7.1% -11% -61% 30 Jun 2022
Q1 2022 6.3% -20% -76% 31 Mar 2022
Q4 2021 14% -1.4% -9.1% 31 Dec 2021
Q3 2021 15% -10% -40% 30 Sep 2021
Q2 2021 18% -24% -57% 30 Jun 2021
Q1 2021 26% -33% -56% 31 Mar 2021
Q4 2020 16% -39% -71% 31 Dec 2020
Q3 2020 26% -16% -39% 30 Sep 2020
Q2 2020 42% +6.4% +18% 30 Jun 2020
Q1 2020 59% +34% +136% 31 Mar 2020
Q4 2019 55% +32% +144% 31 Dec 2019
Q3 2019 42% +25% +142% 30 Sep 2019
Q2 2019 36% 30 Jun 2019
Q1 2019 25% 31 Mar 2019
Q4 2018 22% 31 Dec 2018
Q3 2018 17% 30 Sep 2018
Q1 2016 6% +1.4% +30% 31 Mar 2016
Q4 2015 4.7% +0.59% +14% 31 Dec 2015
Q3 2015 6.3% +2.9% +86% 30 Sep 2015
Q2 2015 5.3% +1.2% +30% 30 Jun 2015
Q1 2015 4.6% -7.1% -61% 31 Mar 2015
Q4 2014 4.1% -20% -83% 31 Dec 2014
Q3 2014 3.4% -27% -89% 30 Sep 2014
Q2 2014 4.1% -43% -91% 30 Jun 2014
Q1 2014 12% -12% -51% 31 Mar 2014
Q4 2013 24% +5.3% +28% 31 Dec 2013
Q3 2013 30% +13% +78% 30 Sep 2013
Q2 2013 47% +34% +272% 30 Jun 2013
Q1 2013 24% +12% +105% 31 Mar 2013
Q4 2012 19% 31 Dec 2012
Q3 2012 17% 30 Sep 2012
Q2 2012 13% 30 Jun 2012
Q1 2012 12% 31 Mar 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.