Trio Net Debt To E B I T D A from 2010 to 2024

TPET Stock   0.87  0.06  6.15%   
Trio Petroleum Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
0.0539
Current Value
0.0566
Quarterly Volatility
25.53088633
 
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 Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Trio Petroleum Corp over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Trio Petroleum's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Trio Net Debt To E B I T D A Regression Statistics

Arithmetic Mean(41.48)
Geometric Mean11.52
Coefficient Of Variation(61.56)
Mean Deviation21.81
Median(56.35)
Standard Deviation25.53
Sample Variance651.83
Range56.4053
R-Value0.77
Mean Square Error285.94
R-Squared0.59
Significance0.0008
Slope4.39
Total Sum of Squares9,126

Trio Net Debt To E B I T D A History

2024 0.0566
2023 0.0539
2022 0.0599
2021 -2.51

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, 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
Net Debt To EBITDA 0.05  0.06 

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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.