Trio Petroleum (TPET) Debt Ratio (2022 - 2025)
Trio Petroleum's (TPET) quarterly Debt Ratio came in at 0.0 in Q1 2025, down 96.03% YoY from 0.11 in Q1 2024, and down 94.99% on a QoQ basis from 0.09 in Q4 2024.
Trio Petroleum (TPET) Debt Ratio (2022 - 2025) Analysis & Trends
Trio Petroleum (TPET) has 4 years of Debt Ratio data on file, last reported at 0.0 in Q1 2025.
- Quarterly Debt Ratio fell 96.03% year-over-year to 0.0 in Q1 2025, while the trailing twelve-month figure through Jan 2025 was 0.0 (down 96.03% YoY) and the FY2024 annual result came in at 0.09, down 18.69% from the prior year.
- Debt Ratio slipped to 0.0 in Q1 2025, from 0.09 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.57 in Q4 2022 to a low of 0.0 in Q1 2025.
- A 4-year average of 0.15 and a median of 0.09 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio jumped 167.62% — and 2025, when it sank 96.03%.
- Tracing TPET's Debt Ratio over 4 years: stood at 0.57 in 2022, then tumbled by 81.72% to 0.1 in 2023, then fell by 18.69% to 0.09 in 2024, then slumped by 94.99% to 0.0 in 2025.
- The last three Debt Ratio figures came in at 0.0 (Q1 2025), 0.09 (Q4 2024), and 0.25 (Q3 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.18 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.18 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Trio Petroleum | 5.78 Mn | -16.32 Mn | -106,063.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2025 | 0.00 |
| Oct 31, 2024 | 0.09 |
| Jul 31, 2024 | 0.25 |
| Apr 30, 2024 | 0.07 |
| Jan 31, 2024 | 0.11 |
| Oct 31, 2023 | 0.10 |
| Jul 31, 2023 | 0.09 |
| Apr 30, 2023 | 0.09 |
| Oct 31, 2022 | 0.57 |