Trio Petroleum (TPET) Debt Ratio (2022 - 2026)
Trio Petroleum's Debt Ratio came in at 0.01 for fiscal Q1 2026 (quarter ended Jan 31, 2026), up 178.0% from 0.00 a year earlier but down 66.5% from the prior quarter.
Trio Petroleum (TPET) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Trio Petroleum's Debt Ratio was 0.04, up 64.8% from FY2024.
- Going back by fiscal year, Debt Ratio was 0.02 in FY2024 (-79.5%), 0.10 in FY2023 (-81.7%) and 0.57 in FY2022.
- The five-year range for quarterly Debt Ratio is 0.00 (fiscal Q3 2025) to 0.57 (fiscal Q4 2022).
- Year-over-year, Debt Ratio increased in three of the last seven quarters, with growth averaging 14.4%.
- The fastest year-over-year change in Debt Ratio over five years came in fiscal Q1 2026 (growth of 178.0%), and the weakest in fiscal Q3 2025 (a decline of 100.0%).
- Business Quant data shows TPET's Debt Ratio at 0.04 (Q4 2025), 0.00 (Q3 2025) and 0.04 (Q2 2025) in the three fiscal quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.11 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.21 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.10 |
| 10 | Trio Petroleum | 9.05 Mn | -38.91 Mn | 108,153.00 | - |
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 0.01 |
| Oct 31, 2025 | 0.04 |
| Jul 31, 2025 | 0.00 |
| Apr 30, 2025 | 0.04 |
| Jan 31, 2025 | 0.00 |
| Oct 31, 2024 | 0.02 |
| Jul 31, 2024 | 0.23 |
| Apr 30, 2024 | 0.05 |
| Jan 31, 2024 | 0.11 |
| Oct 31, 2023 | 0.10 |
| Jul 31, 2023 | 0.09 |
| Oct 31, 2022 | 0.57 |
Trio Petroleum Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TPET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TPET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TPET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();