Trio Net Receivables from 2010 to 2024

TPET Stock   0.88  0.05  5.38%   
Trio Petroleum Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables will likely drop to about 30.9 K in 2024. From the period from 2010 to 2024, Trio Petroleum Net Receivables quarterly data regression had r-value of  0.73 and coefficient of variation of  26.91. View All Fundamentals
 
Net Receivables  
First Reported
2010-12-31
Previous Quarter
40.2 K
Current Value
30.9 K
Quarterly Volatility
6.7 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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Trio Petroleum Corp over the last few years. It is Trio Petroleum's Net Receivables 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 Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Trio Net Receivables Regression Statistics

Arithmetic Mean24,922
Geometric Mean24,218
Coefficient Of Variation26.91
Mean Deviation5,526
Median21,154
Standard Deviation6,707
Sample Variance45M
Range19.1K
R-Value0.73
Mean Square Error22.5M
R-Squared0.54
Significance0
Slope1,098
Total Sum of Squares629.8M

Trio Net Receivables History

202430.9 K
202340.2 K
202135 K

About Trio Petroleum Financial Statements

Trio Petroleum shareholders use historical fundamental indicators, such as Net Receivables, 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 Receivables40.2 K30.9 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.