Trio Petroleum (TPET) Interest Coverage Ratio (2022 - 2026)
Trio Petroleum's (TPET) quarterly Interest Coverage Ratio came in at 62.75 in Q2 2026, down 117.74% YoY from 353.64 in Q2 2025, and down 966.64% on a QoQ basis from 5.88 in Q1 2026.
Trio Petroleum (TPET) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 5 years of Interest Coverage Ratio data on file, last reported at 62.75 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 117.74% year-over-year to 62.75 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 12.97 (down 250.37% YoY) and the FY2025 annual result came in at 5.49, down 87.12% from the prior year.
- Interest Coverage Ratio declined to 62.75 in Q2 2026, from 5.88 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.06 in Q4 2022 to a low of 62.75 in Q2 2026.
- A 5-year average of 11.67 and a median of 4.41 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 48520.77% — and 2024, when it jumped 85.05%.
- Tracing TPET's Interest Coverage Ratio over 5 years: stood at 0.06 in 2022, then slumped by 48520.77% to 28.4 in 2023, then jumped by 85.05% to 4.25 in 2024, then slumped by 440.57% to 22.95 in 2025, then plunged by 173.43% to 62.75 in 2026.
- The last three Interest Coverage Ratio figures came in at 62.75 (Q2 2026), 5.88 (Q1 2026), and 22.95 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 16.56 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 197.14 |
| 10 | Trio Petroleum | 5.78 Mn | -16.32 Mn | -106,063.00 | -62.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -62.75 |
| Jan 31, 2026 | -5.88 |
| Oct 31, 2025 | -22.95 |
| Jul 31, 2025 | -4.57 |
| Apr 30, 2025 | -28.82 |
| Jan 31, 2025 | -3.82 |
| Oct 31, 2024 | -4.25 |
| Jul 31, 2024 | -2.26 |
| Apr 30, 2024 | -1.98 |
| Jan 31, 2024 | -9.11 |
| Oct 31, 2023 | -28.40 |
| Apr 30, 2023 | -10.77 |
| Jan 31, 2023 | -0.25 |
| Oct 31, 2022 | -0.06 |
| Jul 31, 2022 | -0.46 |
| Apr 30, 2022 | -0.39 |