Trio Income Tax Expense from 2010 to 2024

TPET Stock   0.87  0.06  6.15%   
Trio Petroleum Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Trio Petroleum Income Tax Expense quarterly data regression had mean square error of 208.7 B and mean deviation of  212,112. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
-151.1 K
Current Value
-143.6 K
Quarterly Volatility
444.6 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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Trio Petroleum Corp over the last few years. It is Trio Petroleum's Income Tax Expense 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 Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Trio Income Tax Expense Regression Statistics

Arithmetic Mean80,594
Coefficient Of Variation551.70
Mean Deviation212,112
Median3.00
Standard Deviation444,641
Sample Variance197.7B
Range1.8M
R-Value0.14
Mean Square Error208.7B
R-Squared0.02
Significance0.62
Slope14,053
Total Sum of Squares2.8T

Trio Income Tax Expense History

2024-143.6 K
2023-151.1 K
2022-167.9 K
20211.7 M

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Income Tax Expense, 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 Tax Expense-151.1 K-143.6 K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.