Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 33.36% is 149% above its 5-year average of 13.42%, near the low end of its 5-year range (0.00%–130.16%).
As of the fiscal period ended Sunday, May 31, 2026. 23.53% above its 12-month average of 27.01%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-05-31): 33.36%.
DEBT TO ASSETS RATIO
33.36%
DEBT TO ASSETS RATIO AVG TTM
27.01%
DEBT TO ASSETS RATIO AVG 3Y
23.17%
DEBT TO ASSETS RATIO AVG 5Y
13.42%
DEBT TO ASSETS RATIO AVG 10Y
0.30%
DEBT TO ASSETS RATIO AVG 15Y
0.01%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+23.53%
CURRENT VS 3Y AVG
+43.96%
CURRENT VS 5Y AVG
+148.65%
CURRENT VS 10Y AVG
+11208.09%
CURRENT VS 15Y AVG
+268235.85%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.35%
median of 294 covered companies
CURRENT VS SECTOR MEDIAN
+9431.54%
vs the sector median at left
NextTrip, Inc.
Market Cap
$14.31M
Debt to Assets Ratio
33.36%
TTM Avg
27.01%
3Y Avg
23.17%
5Y Avg
13.42%
Market Cap
$15.30M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.84M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.70M
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.45M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.85M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.27M
Debt to Assets Ratio
0.65%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextTrip, Inc. (NTRP) | $14.31M | 33.36% | 27.01% | 23.17% | 13.42% |
| FGI Industries Ltd. (FGI)vs › | $14.62M | 0.16% | N/A | N/A | N/A |
| Atlas Trinity Tech Limited (ATTT)vs › | $15.30M | N/A | N/A | N/A | N/A |
| Good Times Restaurants Inc. (GTIM)vs › | $15.84M | 0.45% | N/A | N/A | N/A |
| Dogness (International) Corporation (DOGZ)vs › | $12.70M | 0.16% | N/A | N/A | N/A |
| Millennium Group International Holdings Limited (MGIH)vs › | $16.45M | 0.17% | N/A | N/A | N/A |
| J-Long Group Limited (JL)vs › | $16.55M | 0.17% | N/A | N/A | N/A |
| EnerSyn Global Inc. (ESYN)vs › | $16.85M | 0.05% | N/A | N/A | N/A |
| Ark Restaurants Corp. (ARKR)vs › | $17.27M | 0.65% | N/A | N/A | N/A |
| Reborn Coffee, Inc. (REBN)vs › | $17.82M | 0.60% | N/A | N/A | N/A |
Debt/Assets
33.4%
Debt/Equity
0.84
Current Ratio
0.61
Interest Coverage
-14.4x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-05-31 | 33.36% |
| 2026-02-28 | 26.64% |
| 2025-11-30 | 28.43% |
| 2025-08-31 | 25.17% |
| 2025-05-31 | 21.41% |
| 2025-02-28 | 5.71% |
| 2024-11-30 | 76.19% |
| 2024-08-31 | 58.47% |
| 2024-05-31 | 39.42% |
| 2024-02-29 | 16.28% |
| 2023-11-30 | 130.16% |
| 2023-09-30 | 0.00% |
| 2023-06-30 | 0.00% |
| 2023-03-31 | 0.00% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 2.96% |
| 2019-09-30 | 0.25% |
| 2019-06-30 | 0.23% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.02% |
| 2015-12-31 | 0.08% |
| 2015-09-30 | 0.94% |
| 2015-06-30 | 0.74% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-01-31 | 0.00% |
| 2011-10-31 | 0.00% |
| 2011-07-31 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
