NTRP · CIK 0000788611 · FY2026 live · 2026-02-28
NextTrip, Inc.
View as
Model
Z″
FY2026
−20.63
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−20.63
Classic Z −8.89
Z″ −20.63 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
−0.066.56 × = −0.38X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−3.873.26 × = −12.61X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−1.256.72 × = −8.41X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.731.05 × = 0.77
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Overview
rule-v1
NextTrip, Inc. is on Z″ at −20.63 (distress) for FY2026, from an SEC 10-K. Retained earnings / assets is the line that sets the print; EBIT / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Distress; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 3rd percentile in Industrials.
- FOXODistressFOXO TECHNOLOGIES INC.−21.40
- TGLDistressTREASURE GLOBAL INC−19.86
- BIAFDistressbioAffinity Technologies, Inc.−22.01
- TCDistressToken Cat Ltd−18.73
- LBRADistress1847 Holdings LLC−18.40
- ACFNDistressACORN ENERGY, INC.−18.30
- FLNTDistressFluent, Inc.−17.10
- DRCTDistressDirect Digital Holdings, Inc.−16.73
KPI widgets
Current assets
$3M
Total assets
$13M
Current liabilities
$4M
Total liabilities
$7M
Working capital
−$761K
Retained earnings
−$51M
EBIT
−$16M
Total sales
$4M
Book equity
$5M
Accession 0001493152-26-026334. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-02-28). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.