Trio Petroleum (TPET) Debt Ratio (2022 - 2025)

Trio Petroleum (TPET) posted Debt Ratio of 0.0 for Q1 2025, down 94.99% on a QoQ basis from 0.09 in Q4 2024, and down 96.03% year-over-year from 0.11 in Q1 2024.

Trio Petroleum (TPET) Debt Ratio (2022 - 2025) Analysis & Trends

Trio Petroleum's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.0 for 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 was 0.0 for Q1 2025 at Trio Petroleum, down from 0.09 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.57 in Q4 2022 and bottomed at 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 plunged 96.03%.
  • Trio Petroleum's Debt Ratio stood at 0.57 in 2022, then sank by 81.72% to 0.1 in 2023, then decreased by 18.69% to 0.09 in 2024, then plunged by 94.99% to 0.0 in 2025.
  • Business Quant data shows TPET's Debt Ratio at 0.0 in Q1 2025, 0.09 in Q4 2024, and 0.25 in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.19
2 Eog Resources 74.61 Bn 70.76 Bn - 0.15
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.20
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.19
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.14
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.26
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.20
10 Trio Petroleum 7.51 Mn -14.59 Mn -106,063.00 -

Historic Data

Download Data
DateValue
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