Trio Financial Statements From 2010 to 2026
| TPET Stock | 0.82 0.01 1.20% |
Check Trio Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Trio financial statements analysis is a perfect complement when working with Trio Petroleum Valuation or Volatility modules.
Check out the analysis of Trio Petroleum Correlation against competitors. Trio Petroleum Corp Company Return On Equity Analysis
Trio Petroleum's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Trio Petroleum Return On Equity | -0.64 |
Most of Trio Petroleum's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trio Petroleum Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Trio Petroleum Corp has a Return On Equity of -0.6432. This is 67.52% lower than that of the Oil, Gas & Consumable Fuels sector and 136.13% lower than that of the Energy industry. The return on equity for all United States stocks is 107.48% higher than that of the company.
Trio Petroleum Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Trio Petroleum's current stock value. Our valuation model uses many indicators to compare Trio Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trio Petroleum competition to find correlations between indicators driving Trio Petroleum's intrinsic value. More Info.Trio Petroleum Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Trio Petroleum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Trio Petroleum Financial Statements
Trio Petroleum shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Trio Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Additional Tools for Trio Stock Analysis
When running Trio Petroleum's price analysis, check to measure Trio Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trio Petroleum is operating at the current time. Most of Trio Petroleum's value examination focuses on studying past and present price action to predict the probability of Trio Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Petroleum's price. Additionally, you may evaluate how the addition of Trio Petroleum to your portfolios can decrease your overall portfolio volatility.