NextTrip Inc (NTRP) — Tangible Net Worth Ratio
NextTrip Inc (NTRP) has a Tangible Net Worth Ratio of 39.3% as of December 2025. This metric is calculated by deducting intangible assets ($3.81 Million) from net assets ($6.28 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See NextTrip Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NextTrip Inc Tangible Net Worth Ratio (2001–2024)
This chart shows how NextTrip Inc's Tangible Net Worth Ratio has changed across 20 annual periods from 2001 to 2024. As of December 2025, the ratio stands at 39.3%, reflecting net assets of $6.28 Million with intangible assets of $3.81 Million USD. See NTRP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for NextTrip Inc (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for NextTrip Inc from 2001 to 2024, covering 20 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see NextTrip Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 71.1% | $7.37 Million | $2.13 Million | $9.94 Million | ▲ +40.6 pp |
| 2023 | 30.5% | $3.13 Million | $2.17 Million | $5.09 Million | ▼ -47.3 pp |
| 2022 | 77.8% | $5.07 Million | $1.13 Million | $5.70 Million | ▲ +0.0 pp |
| 2022 | 77.8% | $5.07 Million | $1.13 Million | $5.70 Million | ▼ -15.0 pp |
| 2021 | 92.8% | $12.86 Million | $925.11K | $13.84 Million | ▲ +0.0 pp |
| 2021 | 92.8% | $12.86 Million | $925.11K | $13.84 Million | ▲ +7.4 pp |
| 2020 | 85.4% | $5.16 Million | $753.12K | $5.70 Million | ▲ +0.0 pp |
| 2020 | 85.4% | $5.16 Million | $753.12K | $5.70 Million | ▲ +72.7 pp |
| 2019 | 12.7% | $652.25K | $569.34K | $1.69 Million | ▼ -87.3 pp |
| 2019 | 100.0% | $17.42 Million | $0.00 | $17.90 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $26.52 Million | $0.00 | $29.48 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $14.89 Million | $0.00 | $16.44 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $23.60 Million | $0.00 | $25.97 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $11.79 Million | $0.00 | $12.78 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $6.87 Million | $0.00 | $8.16 Million | ▲ +5.5 pp |
| 2013 | 94.5% | $1.28 Million | $70.49K | $1.42 Million | ▲ +36.1 pp |
| 2012 | 58.4% | $557.77K | $231.80K | $691.71K | ▼ -35.7 pp |
| 2010 | 94.2% | $430.36K | $25.08K | $475.35K | ▼ -5.8 pp |
| 2002 | 100.0% | $464.00 | $0.00 | $2.09K | ▲ +0.0 pp |
| 2001 | 100.0% | $486.00 | $0.00 | $2.13K | — |