Trio Interest Expense from 2010 to 2024

TPET Stock   1.18  0.16  11.94%   
Trio Petroleum Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 903 K in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
910.6 K
Current Value
903 K
Quarterly Volatility
506.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Trio Petroleum Correlation against competitors.

Latest Trio Petroleum's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Trio Petroleum Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Trio Petroleum's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Trio Interest Expense Regression Statistics

Arithmetic Mean312,444
Geometric Mean91,570
Coefficient Of Variation161.97
Mean Deviation402,349
Median38,115
Standard Deviation506,064
Sample Variance256.1B
Range1.6M
R-Value0.68
Mean Square Error148.2B
R-Squared0.46
Significance0.01
Slope76,975
Total Sum of Squares3.6T

Trio Interest Expense History

2024903 K
2023910.6 K
2022791.8 K
20211.7 M

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Interest Expense, 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 ReportedProjected for Next Year
Interest Expense910.6 K903 K

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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.