Trio Income Before Tax from 2010 to 2024

TPET Stock   0.87  0.06  6.15%   
Trio Petroleum Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about -6.2 M in 2024. From the period from 2010 to 2024, Trio Petroleum Income Before Tax quarterly data regression had mean square error of 2.9 T and mean deviation of  2,152,189. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-5.9 M
Current Value
-6.2 M
Quarterly Volatility
2.6 M
 
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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Trio Petroleum Corp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Trio Petroleum income statement and is an important metric when analyzing Trio Petroleum Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Trio Petroleum's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Trio Income Before Tax Regression Statistics

Arithmetic Mean(1,569,466)
Coefficient Of Variation(164.55)
Mean Deviation2,152,189
Median(102,064)
Standard Deviation2,582,613
Sample Variance6.7T
Range6.4M
R-Value(0.77)
Mean Square Error2.9T
R-Squared0.59
Significance0.0008
Slope(443,963)
Total Sum of Squares93.4T

Trio Income Before Tax History

2024-6.2 M
2023-5.9 M
2022-6.5 M
2021-3.8 M

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Income Before Tax, 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
Income Before Tax-5.9 M-6.2 M

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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.