Trio Petroleum Corp Stock Fundamentals
| TPET Stock | 0.89 0.04 4.30% |
Trio Petroleum Corp fundamentals help investors to digest information that contributes to Trio Petroleum's financial success or failures. It also enables traders to predict the movement of Trio Stock. The fundamental analysis module provides a way to measure Trio Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Trio Petroleum stock.
Interest Expense is likely to drop to about 903 K in 2024. Other Operating Expenses is likely to drop to about 2.8 M in 2024. Trio | Select Account or Indicator |
Trio Petroleum Corp Company Return On Equity Analysis
Trio Petroleum's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Trio Petroleum Return On Equity | -1.01 |
Most of Trio Petroleum's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trio Petroleum Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Trio Total Stockholder Equity
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Based on the latest financial disclosure, Trio Petroleum Corp has a Return On Equity of -1.0073. This is 49.13% lower than that of the Oil, Gas & Consumable Fuels sector and 156.59% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
Trio Petroleum Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Trio Petroleum's current stock value. Our valuation model uses many indicators to compare Trio Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trio Petroleum competition to find correlations between indicators driving Trio Petroleum's intrinsic value. More Info.Trio Petroleum Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Trio Petroleum's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Trio Petroleum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Trio Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trio Petroleum's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trio Petroleum could also be used in its relative valuation, which is a method of valuing Trio Petroleum by comparing valuation metrics of similar companies.Trio Petroleum is currently under evaluation in return on equity category among its peers.
Trio Fundamentals
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.34 | ||||
| Operating Margin | (23.88) % | ||||
| Current Valuation | 4.79 M | ||||
| Shares Outstanding | 3.77 M | ||||
| Shares Owned By Insiders | 12.17 % | ||||
| Shares Owned By Institutions | 0.42 % | ||||
| Number Of Shares Shorted | 210.83 K | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 25.80 X | ||||
| Revenue | 135.97 K | ||||
| EBITDA | (5.75 M) | ||||
| Net Income | (6.54 M) | ||||
| Total Debt | 1.22 M | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (4.04 M) | ||||
| Short Ratio | 0.82 X | ||||
| Earnings Per Share | (4.40) X | ||||
| Market Capitalization | 3.51 M | ||||
| Total Asset | 11.64 M | ||||
| Retained Earnings | (10.45 M) | ||||
| Working Capital | (156.04 K) | ||||
| Net Asset | 11.64 M |
About Trio Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trio Petroleum Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trio Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trio Petroleum Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -1.6 M | -1.7 M | |
| Cost Of Revenue | 3.2 K | 2.2 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.