Trio Net Income From Continuing Ops from 2010 to 2024

TPET Stock   0.87  0.06  6.15%   
Trio Petroleum Net Loss yearly trend continues to be comparatively stable with very little volatility. Net Loss will likely drop to about -6.2 M in 2024. From the period from 2010 to 2024, Trio Petroleum Net Loss quarterly data regression had mean square error of 578.5 B and mean deviation of  769,890. View All Fundamentals
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-5.9 M
Current Value
-6.2 M
Quarterly Volatility
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 Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Trio Petroleum Corp over the last few years. It is Trio Petroleum's Net Loss 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 Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Trio Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(4,281,573)
Coefficient Of Variation(23.44)
Mean Deviation769,890
Median(3,800,392)
Standard Deviation1,003,813
Sample Variance1T
Range2.7M
R-Value(0.68)
Mean Square Error578.5B
R-Squared0.47
Significance0
Slope(153,380)
Total Sum of Squares14.1T

Trio Net Income From Continuing Ops History

2024-6.2 M
2023-5.9 M
2022-6.5 M

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Net Income From Continuing Ops, 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 Loss-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.