NextTrip Inc.
Find Ratings ReportsNEXTTRIP INC's gross profit margin for the third quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. NEXTTRIP INC has weak liquidity. Currently, the Quick Ratio is 0.71 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 71.06% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 0.14 | 0.19 |
EBITDA ($mil) | -0.88 | -2.26 |
EBIT ($mil) | -0.9 | -2.28 |
Net Income ($mil) | -0.87 | -2.29 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 0.56 | 4.8 |
Total Assets ($mil) | 2.84 | 7.64 |
Total Debt ($mil) | 0.0 | 0.0 |
Equity ($mil) | 1.97 | 6.82 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | -23.94 | 57.45 |
EBITDA Margin | -616.19 | -1200.53 |
Operating Margin | -633.1 | -1214.89 |
Sales Turnover | 0.18 | 0.11 |
Return on Assets | -207.04 | -119.65 |
Return on Equity | -300.1 | -134.87 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 1.65 | 7.69 |
Debt/Capital | 0.0 | 0.0 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | -224.75 | -1142.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 0.65 | 0.53 |
Div / share | 0.0 | 0.0 |
EPS | -1.57 | -4.4 |
Book value / share | 3.03 | 13.0 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 320527.0 | 1029806.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 1.70 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 11.80. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, NEXTTRIP INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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NTRP NM | Peers 47.17 | NTRP NM | Peers 33.15 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. NTRP's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. NTRP's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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NTRP NA | Peers 32.16 | NTRP NA | Peers 1.66 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. NTRP's ratio is negative making this valuation measure meaningless. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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NTRP 1.70 | Peers 11.80 | NTRP 36.54 | Peers 148.13 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. NTRP is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, NTRP is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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NTRP 6.46 | Peers 12.32 | NTRP -36.81 | Peers 12.66 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. NTRP is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. NTRP significantly trails its peers on the basis of sales growth. |
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