NextTrip, Inc. Quarterly Debt-to-equity in % from Q1 2012 to Q3 2023

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 history and growth rate from Q1 2012 to Q3 2023.
  • NextTrip, Inc. Debt-to-equity for the quarter ending September 30, 2023 was 21.6 %, a 156% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2023 21.6 +13.2 +156% Sep 30, 2023
Q2 2023 15.5 +8.39 +118% Jun 30, 2023
Q1 2023 11.7 +5.48 +87.5% Mar 31, 2023
Q4 2022 9.42 -4.75 -33.5% Dec 31, 2022
Q3 2022 8.45 -7.02 -45.4% Sep 30, 2022
Q2 2022 7.12 -10.9 -60.6% Jun 30, 2022
Q1 2022 6.26 -20 -76.1% Mar 31, 2022
Q4 2021 14.2 -1.41 -9.05% Dec 31, 2021
Q3 2021 15.5 -10.4 -40.2% Sep 30, 2021
Q2 2021 18 -23.8 -56.9% Jun 30, 2021
Q1 2021 26.2 -33.2 -55.9% Mar 31, 2021
Q4 2020 15.6 -39 -71.5% Dec 31, 2020
Q3 2020 25.9 -16.3 -38.6% Sep 30, 2020
Q2 2020 41.9 +6.35 +17.9% Jun 30, 2020
Q1 2020 59.4 +34.3 +136% Mar 31, 2020
Q4 2019 54.6 +32.2 +144% Dec 31, 2019
Q3 2019 42.2 +24.7 +142% Sep 30, 2019
Q2 2019 35.5 Jun 30, 2019
Q1 2019 25.2 Mar 31, 2019
Q4 2018 22.4 Dec 31, 2018
Q3 2018 17.4 Sep 30, 2018
Q1 2016 5.97 +1.4 +30.6% Mar 31, 2016
Q4 2015 4.72 +0.59 +14.3% Dec 31, 2015
Q3 2015 6.26 +2.9 +86.4% Sep 30, 2015
Q2 2015 5.33 +1.24 +30.3% Jun 30, 2015
Q1 2015 4.58 -7.12 -60.9% Mar 31, 2015
Q4 2014 4.14 -20.2 -83% Dec 31, 2014
Q3 2014 3.36 -27.1 -88.9% Sep 30, 2014
Q2 2014 4.09 -42.7 -91.3% Jun 30, 2014
Q1 2014 11.7 -12.3 -51.2% Mar 31, 2014
Q4 2013 24.4 +5.3 +27.8% Dec 31, 2013
Q3 2013 30.4 +13.4 +78.5% Sep 30, 2013
Q2 2013 46.8 +34.2 +272% Jun 30, 2013
Q1 2013 24 +12.3 +105% Mar 31, 2013
Q4 2012 19.1 Dec 31, 2012
Q3 2012 17 Sep 30, 2012
Q2 2012 12.6 Jun 30, 2012
Q1 2012 11.7 Mar 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.