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NextTrip, Inc.: 10-Q filed 2020-10-22

What NextTrip, Inc. reported in its quarterly report filed 2020-10-22 (fiscal Q3 2020): 37 published measures, 105 facts as tagged in accession 0001493152-20-019815.

This filing

Form
10-Q (quarterly report)
Filed
2020-10-22
Fiscal period
fiscal Q3 2020
Accession
0001493152-20-019815 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NextTrip, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-09-306,628,079USD
At 2019-12-311,691,468USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2020-09-30559,189USD
At 2019-12-311,039,219USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2020-09-306,068,890USD
At 2020-06-303,559,812USD
At 2019-12-31652,249USD
At 2019-09-302,104,035USD
At 2019-06-301,402,165USD
At 2018-12-311,735,439USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2020-09-304,510,548USD
At 2019-12-3186,919USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-1,218,013USD92
2020-01-01 to 2020-09-30-3,711,236USD274
2019-07-01 to 2019-09-30-1,600,794USD92
2019-01-01 to 2019-09-30-4,678,397USD273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-01-01 to 2020-09-30-3,676,595USD274
2019-01-01 to 2019-09-30-4,498,579USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-09-3088,074USD274
2019-01-01 to 2019-09-3033,487USD273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2020-07-01 to 2020-09-30248,526USD92
2020-01-01 to 2020-09-30637,944USD274
2019-07-01 to 2019-09-30171,003USD92
2019-01-01 to 2019-09-30269,035USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-01-01 to 2020-09-308,349,676USD274
2019-01-01 to 2019-09-304,401,114USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-01-01 to 2020-09-30-249,452USD274
2019-01-01 to 2019-09-30-70,887USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2020-09-30-31,551,301USD
At 2019-12-31-26,095,594USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2020-09-30154,204USD
At 2019-12-31128,723USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2020-07-01 to 2020-09-3058,219USD92
2020-01-01 to 2020-09-30483,208USD274
2019-07-01 to 2019-09-3079,202USD92
2019-01-01 to 2019-09-30403,768USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-1,211,772USD92
2020-01-01 to 2020-09-30-4,210,936USD274
2019-07-01 to 2019-09-30-1,608,671USD92
2019-01-01 to 2019-09-30-4,743,981USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2020-09-305,714,212USD
At 2019-12-31940,904USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-07-01 to 2020-09-306,066USD92
2020-01-01 to 2020-09-3012,741USD274
2019-07-01 to 2019-09-302,149USD92
2019-01-01 to 2019-09-306,407USD273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-09-30505,644USD
At 2019-12-311,039,219USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2020-09-30182,123USD
At 2019-12-31727,114USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2020-09-30485,067USD
At 2019-12-3155,540USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-07-01 to 2020-09-301,362,513USD92
2020-01-01 to 2020-09-304,448,708USD274
2019-07-01 to 2019-09-301,600,914USD92
2019-01-01 to 2019-09-304,677,077USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-09-30574,540USD
At 2019-12-31598,718USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-07-01 to 2020-09-30150,741USD92
2020-01-01 to 2020-09-30237,772USD274
2019-07-01 to 2019-09-30-7,757USD92
2019-01-01 to 2019-09-30-66,904USD273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2020-07-01 to 2020-09-3097,785USD92
2020-01-01 to 2020-09-30400,172USD274
2019-07-01 to 2019-09-30178,760USD92
2019-01-01 to 2019-09-30335,939USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2020-07-01 to 2020-09-3079,673USD92
2020-01-01 to 2020-09-30245,008USD274
2019-07-01 to 2019-09-30212,230USD92
2019-01-01 to 2019-09-30476,346USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2020-09-305,833,245shares
At 2019-12-311,403,759shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2020-09-3037,614,357USD
At 2019-12-3126,746,439USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2020-09-30707,663USD
At 2019-12-31569,341USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2020-09-30230,680USD
At 2019-12-31122,658USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-09-3053,545USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-1,218,013USD92
2020-01-01 to 2020-09-30-3,711,236USD274
2019-07-01 to 2019-09-30-1,600,794USD92
2019-01-01 to 2019-09-30-4,678,397USD273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-1,955,357USD92
2020-01-01 to 2020-09-30-5,455,707USD274
2019-07-01 to 2019-09-30-1,600,794USD92
2019-01-01 to 2019-09-30-4,678,397USD273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2020-07-01 to 2020-09-3084,357USD92
2020-01-01 to 2020-09-30310,947USD274
2019-07-01 to 2019-09-30186,430USD92
2019-01-01 to 2019-09-30536,608USD273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2020-07-01 to 2020-09-3050,167USD92
2020-01-01 to 2020-09-3086,150USD274
2019-07-01 to 2019-09-3052,636USD92
2019-01-01 to 2019-09-30150,222USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-6,241USD92
2020-01-01 to 2020-09-30499,700USD274
2019-07-01 to 2019-09-307,877USD92
2019-01-01 to 2019-09-3065,584USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2020-01-01 to 2020-09-3012,741USD274
2019-01-01 to 2019-09-302,514USD273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-09-30429,527USD274
2019-01-01 to 2019-09-3042,403USD273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-09-30-24,178USD274
2019-01-01 to 2019-09-30472,501USD273

Inspect the source

Entity
NextTrip, Inc. / CIK 0000788611
Captured
2026-09-19T15:03:59.498Z
SEC response SHA-256
23a6c7ec8e3039b5a61dd48b0dc5ab39318a8131c4cc59c702201a710f500292

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000788611.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))