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 (NTRP) net assets for net asset value and shareholders' equity analysis.
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. Also explore NTRP net assets growth trend to track the company's year-over-year net asset growth rate.
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 NTRP market cap overview.
| 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 | — |