Trio Depreciation And Amortization from 2010 to 2024

TPET Stock   0.88  0.05  5.38%   
Trio Petroleum Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to 2,169 in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
3.2 K
Current Value
2.2 K
Quarterly Volatility
1.1 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 Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Trio Petroleum Corp over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Trio Petroleum's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Trio Depreciation And Amortization Regression Statistics

Arithmetic Mean991.24
Geometric Mean615.10
Coefficient Of Variation111.25
Mean Deviation927.28
Median359.00
Standard Deviation1,103
Sample Variance1.2M
Range2.8K
R-Value0.75
Mean Square Error582,197
R-Squared0.56
Significance0
Slope183.76
Total Sum of Squares17M

Trio Depreciation And Amortization History

2024 2168.84
2023 3194.7
2021 2778.0

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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
Depreciation And Amortization3.2 K2.2 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.