Trio Historical Balance Sheet
| TPET Stock | 0.87 0.06 6.15% |
Trend analysis of Trio Petroleum Corp balance sheet accounts such as Total Stockholder Equity of 7.2 M, Other Liab of 53.8 K, Net Tangible Assets of 2.7 M or Property Plant And Equipment Net of 9.1 M provides information on Trio Petroleum's total assets, liabilities, and equity, which is the actual value of Trio Petroleum Corp to its prevalent stockholders. By breaking down trends over time using Trio Petroleum balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Trio Petroleum Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Trio Petroleum Corp is a good buy for the upcoming year.
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About Trio Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Trio Petroleum Corp at a specified time, usually calculated after every quarter, six months, or one year. Trio Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Trio Petroleum and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Trio currently owns. An asset can also be divided into two categories, current and non-current.
Trio Petroleum Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Trio Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Trio Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from Trio Petroleum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Trio Petroleum Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Trio Petroleum's Total Current Liabilities is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 2.9 M in 2024, whereas Total Assets are likely to drop slightly above 11.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.4M | 1.2M | 1.1M | 1.0M | Total Assets | 9.5M | 11.6M | 13.4M | 11.2M |
Trio Petroleum balance sheet Correlations
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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.