Trio Debt Equity Ratio from 2010 to 2024
| TPET Stock | 1.23 0.07 5.38% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.14 | Current Value 0.14 | Quarterly Volatility 0.45220903 |
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 Depreciation And Amortization of 2.2 K, Interest Expense of 903 K or Other Operating Expenses of 2.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 27.85. Trio financial statements analysis is a perfect complement when working with Trio Petroleum Valuation or Volatility modules.
Trio | Debt Equity Ratio |
Latest Trio Petroleum's Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Trio Petroleum Corp over the last few years. It is Trio Petroleum's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trio Petroleum's overall financial position and show how it may be relating to other accounts over time.
| Debt Equity Ratio | 10 Years Trend |
|
Debt Equity Ratio |
| Timeline |
Trio Debt Equity Ratio Regression Statistics
| Arithmetic Mean | 0.82 | |
| Geometric Mean | 0.65 | |
| Coefficient Of Variation | 54.95 | |
| Mean Deviation | 0.28 | |
| Median | 0.90 | |
| Standard Deviation | 0.45 | |
| Sample Variance | 0.20 | |
| Range | 1.8687 | |
| R-Value | (0.33) | |
| Mean Square Error | 0.20 | |
| R-Squared | 0.11 | |
| Significance | 0.22 | |
| Slope | (0.03) | |
| Total Sum of Squares | 2.86 |
Trio Debt Equity Ratio History
About Trio Petroleum Financial Statements
Trio Petroleum shareholders use historical fundamental indicators, such as Debt Equity Ratio, 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.
| Last Reported | Projected for Next Year | ||
| Debt Equity Ratio | 0.12 | 0.14 |
Thematic Opportunities
Explore Investment Opportunities
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.