Is NextTrip, Inc. (NTRP) Halal?
Shariah Screening — 5 Standards
Based on financial data from February 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.4% / 30% | 2.7% / 30% | 0.1% / 30% | 223.08% / 5% | ✗ NOT HALAL |
| DJIM | 1.4% / 33% | 2.7% / 33% | 0.1% / 33% | 223.08% / 5% | ✗ NOT HALAL |
| MSCI | 5.7% / 33% | 10.7% / 33% | 0.2% / 33% | 223.08% / 5% | ✗ NOT HALAL |
| S&P | 1.4% / 33% | 2.7% / 33% | 0.1% / 33% | 223.08% / 5% | ✗ NOT HALAL |
| FTSE | 5.7% / 33% | 10.7% / 33% | 0.2% / 50% | 223.08% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.9% | |
| Operating Margin | -257.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -680.9% | |
| Return on Assets (ROA) | -84.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$6M |
| Total Debt | $567,530 |
| Debt-to-Equity | 69.7 |
| Current Ratio | 0.9 |
| Total Assets | $10M |
Price & Trading
| Last Close | $2.20 |
| 50-Day MA | $2.95 |
| 200-Day MA | $3.55 |
| Avg Volume | 60K |
| Beta | 4.1 |
|
52-Week Range
$1.50
| |
About NextTrip, Inc. (NTRP)
NextTrip, Inc., a technology-driven travel company, develops an integrated travel booking and media platform to connect leisure, group, and business travelers in the United States and internationally. The company offers NXT2.0, a booking engine platform that enables to book customized travel options. Its product portfolio consists of NextTrip Leisure, a booking engine for customized vacation packages, flights, hotels, tours, wellness vacations, cruise, and group travel options; NextTrip Luxury and Business, a platform that provides access to hotels; NextTrip Cruises, an integrated cruise booking engine; NextTrip Solutions, a travel agent platform; and NextTrip Media, a travel content platform. The company also markets its travel services through various brands, including NextTrip Vacations for direct-to-consumer leisure travel; Five Star Alliance for luxury and cruise bookings; NextTrip Business for small-to-mid-sized corporate travel; and PayDlay, a delayed payment booking option. In addition, its booking engine includes media properties, which consists of Journy.tv, Compass.tv, and Travel Magazine. The company was formerly known as Sigma Additive Solutions, Inc. and changed its name to NextTrip, Inc. in March 2024. NextTrip, Inc. is based in Santa Fe, New Mexico.
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Frequently Asked Questions
Is NextTrip, Inc. (NTRP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NextTrip, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NextTrip, Inc.'s debt ratio?
NextTrip, Inc.'s debt ratio is 1.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.7%.
What are NextTrip, Inc.'s key financial metrics?
NextTrip, Inc. has a market capitalization of $36M, and revenue of $501,423. Return on equity stands at -680.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.