NextTrip Inc (NTRP) — Defensive Interval Ratio

Latest as of December 2025: 27 days

NextTrip Inc (NTRP) has a Defensive Interval Ratio of 27 days as of December 2025. Defensive assets of $372.44K (cash $-, short-term investments $-, receivables $372.44K) cover 27 days of daily cash needs of $13.84K/day. Check tangible equity quality of NextTrip Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

$372.44K
Cash + ST Investments + Receivables

Daily Cash Need

$13.84K
Current Liabilities ÷ 365

Current Liabilities

$5.05 Million
USD

NextTrip Inc Defensive Interval Ratio (2010–2024)

This chart shows how NextTrip Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2010 to 2024. As of December 2025, the ratio stands at 27 days, meaning defensive assets of $372.44K can fund 27 days of operations without new revenue. Also explore net asset growth rate of NextTrip Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NextTrip Inc (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for NextTrip Inc from 2010 to 2024, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see NextTrip Inc (NTRP) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days $22.57K $7.04K/day $- $- ▼ -189 days
2023 192 days $1.03 Million $5.37K/day $- $- ▼ -23 days
2022 216 days $371.62K $1.72K/day $- $- ▲ +0 days
2022 216 days $371.62K $1.72K/day $- $- ▲ +62 days
2021 153 days $412.19K $2.69K/day $- $- ▲ +0 days
2021 153 days $412.19K $2.69K/day $- $- ▼ -115 days
2020 269 days $331.56K $1.23K/day $- $- ▲ +0 days
2020 269 days $331.56K $1.23K/day $- $- ▲ +249 days
2019 20 days $55.54K $2.85K/day $- $- ▲ +18 days
2015 1 days $2.76K $2.71K/day $- $- ▼ -784 days
2013 785 days $303.44K $386.74/day $- $- ▲ +40 days
2012 745 days $273.28K $366.96/day $- $- ▼ -722 days
2010 1467 days $180.85K $123.28/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)