Trio Ev To Operating Cash Flow vs Ptb Ratio Analysis

TPET Stock

0.87 0.06 6.15%

Trio Petroleum financial indicator trend analysis is much more than just breaking down Trio Petroleum Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Petroleum Corp is a good investment. Please check the relationship between Trio Petroleum Ev To Operating Cash Flow and its Ptb Ratio accounts. 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.

Ev To Operating Cash Flow vs Ptb Ratio

Ev To Operating Cash Flow vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trio Petroleum Corp Ev To Operating Cash Flow account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Trio Petroleum's Ev To Operating Cash Flow and Ptb Ratio is -0.81. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Trio Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Trio Petroleum's Ev To Operating Cash Flow and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Trio Petroleum Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Operating Cash Flow i.e., Trio Petroleum's Ev To Operating Cash Flow and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

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Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Trio Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

Issuance Of Capital Stock is likely to gain to about 8.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.

	2021	2023	2024 (projected)
Interest Expense	1.7M	910.6K	903.0K
Depreciation And Amortization	2.8K	3.2K	2.2K

Interest Expense Depreciation And Amortization

Trio Petroleum fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.78	0.46	-0.51	0.92	0.97	-0.94	0.84	-0.95	-0.84	-0.96	0.77	0.96	0.98	0.46	-0.66	0.96	0.95	-0.66	0.87	0.92	0.21	0.98	-0.51	0.98	0.81
Short Long Term Debt Total	-0.78		-0.45	0.89	-0.92	-0.6	0.58	-0.94	0.7	0.99	0.81	-0.27	-0.88	-0.87	-0.38	0.7	-0.88	-0.55	0.7	-0.44	-0.49	0.41	-0.84	0.89	-0.83	-0.9
Other Current Liab	0.46	-0.45		-0.39	0.54	0.39	-0.45	0.41	-0.55	-0.51	-0.58	0.34	0.58	0.43	0.99	0.09	0.58	0.45	0.09	0.2	0.51	0.05	0.57	-0.39	0.48	0.43
Total Current Liabilities	-0.51	0.89	-0.39		-0.8	-0.29	0.22	-0.89	0.34	0.84	0.49	0.14	-0.71	-0.66	-0.28	0.39	-0.71	-0.23	0.39	-0.05	-0.18	0.72	-0.64	1.0	-0.65	-0.89
Total Stockholder Equity	0.92	-0.92	0.54	-0.8		0.8	-0.74	0.98	-0.8	-0.94	-0.87	0.46	0.99	0.97	0.49	-0.56	0.99	0.76	-0.56	0.6	0.73	-0.17	0.97	-0.8	0.97	0.97
Other Liab	0.97	-0.6	0.39	-0.29	0.8		-0.98	0.69	-0.94	-0.68	-0.91	0.89	0.86	0.91	0.42	-0.59	0.86	0.99	-0.6	0.95	0.98	0.44	0.91	-0.28	0.91	0.67
Net Tangible Assets	-0.94	0.58	-0.45	0.22	-0.74	-0.98		-0.61	0.98	0.68	0.94	-0.94	-0.82	-0.86	-0.49	0.63	-0.82	-0.98	0.63	-0.96	-0.97	-0.5	-0.88	0.21	-0.86	-0.57
Property Plant And Equipment Net	0.84	-0.94	0.41	-0.89	0.98	0.69	-0.61		-0.67	-0.94	-0.77	0.3	0.94	0.93	0.34	-0.58	0.94	0.63	-0.58	0.48	0.58	-0.35	0.9	-0.89	0.92	0.99
Current Deferred Revenue	-0.95	0.7	-0.55	0.34	-0.8	-0.94	0.98	-0.67		0.78	0.99	-0.87	-0.87	-0.88	-0.58	0.66	-0.87	-0.94	0.66	-0.9	-0.93	-0.37	-0.91	0.34	-0.88	-0.63
Net Debt	-0.84	0.99	-0.51	0.84	-0.94	-0.68	0.68	-0.94	0.78		0.87	-0.38	-0.92	-0.91	-0.45	0.71	-0.92	-0.64	0.71	-0.53	-0.6	0.29	-0.9	0.84	-0.88	-0.9
Retained Earnings	-0.96	0.81	-0.58	0.49	-0.87	-0.91	0.94	-0.77	0.99	0.87		-0.78	-0.92	-0.93	-0.58	0.7	-0.92	-0.9	0.7	-0.84	-0.88	-0.21	-0.95	0.49	-0.91	-0.73
Accounts Payable	0.77	-0.27	0.34	0.14	0.46	0.89	-0.94	0.3	-0.87	-0.38	-0.78		0.58	0.63	0.43	-0.47	0.58	0.92	-0.47	0.95	0.93	0.77	0.66	0.14	0.64	0.26
Cash	0.96	-0.88	0.58	-0.71	0.99	0.86	-0.82	0.94	-0.87	-0.92	-0.92	0.58		0.98	0.55	-0.56	1.0	0.84	-0.56	0.69	0.81	-0.03	0.99	-0.71	0.99	0.93
Non Current Assets Total	0.98	-0.87	0.43	-0.66	0.97	0.91	-0.86	0.93	-0.88	-0.91	-0.93	0.63	0.98		0.41	-0.67	0.98	0.87	-0.68	0.77	0.83	0.02	0.99	-0.66	0.99	0.91
Non Currrent Assets Other	0.46	-0.38	0.99	-0.28	0.49	0.42	-0.49	0.34	-0.58	-0.45	-0.58	0.43	0.55	0.41		0.11	0.55	0.5	0.11	0.26	0.56	0.18	0.55	-0.28	0.46	0.36
Other Assets	-0.66	0.7	0.09	0.39	-0.56	-0.59	0.63	-0.58	0.66	0.71	0.7	-0.47	-0.56	-0.67	0.11		-0.56	-0.52	1.0	-0.67	-0.44	0.03	-0.58	0.39	-0.59	-0.48
Cash And Short Term Investments	0.96	-0.88	0.58	-0.71	0.99	0.86	-0.82	0.94	-0.87	-0.92	-0.92	0.58	1.0	0.98	0.55	-0.56		0.84	-0.56	0.69	0.81	-0.03	0.99	-0.71	0.99	0.93
Net Receivables	0.95	-0.55	0.45	-0.23	0.76	0.99	-0.98	0.63	-0.94	-0.64	-0.9	0.92	0.84	0.87	0.5	-0.52	0.84		-0.52	0.94	0.99	0.5	0.89	-0.23	0.89	0.62
Common Stock Shares Outstanding	-0.66	0.7	0.09	0.39	-0.56	-0.6	0.63	-0.58	0.66	0.71	0.7	-0.47	-0.56	-0.68	0.11	1.0	-0.56	-0.52		-0.67	-0.45	0.03	-0.59	0.39	-0.6	-0.49
Non Current Liabilities Total	0.87	-0.44	0.2	-0.05	0.6	0.95	-0.96	0.48	-0.9	-0.53	-0.84	0.95	0.69	0.77	0.26	-0.67	0.69	0.94	-0.67		0.92	0.6	0.76	-0.04	0.76	0.44
Inventory	0.92	-0.49	0.51	-0.18	0.73	0.98	-0.97	0.58	-0.93	-0.6	-0.88	0.93	0.81	0.83	0.56	-0.44	0.81	0.99	-0.45	0.92		0.55	0.87	-0.18	0.85	0.57
Other Current Assets	0.21	0.41	0.05	0.72	-0.17	0.44	-0.5	-0.35	-0.37	0.29	-0.21	0.77	-0.03	0.02	0.18	0.03	-0.03	0.5	0.03	0.6	0.55		0.07	0.72	0.04	-0.35
Other Stockholder Equity	0.98	-0.84	0.57	-0.64	0.97	0.91	-0.88	0.9	-0.91	-0.9	-0.95	0.66	0.99	0.99	0.55	-0.58	0.99	0.89	-0.59	0.76	0.87	0.07		-0.64	0.99	0.89
Total Liab	-0.51	0.89	-0.39	1.0	-0.8	-0.28	0.21	-0.89	0.34	0.84	0.49	0.14	-0.71	-0.66	-0.28	0.39	-0.71	-0.23	0.39	-0.04	-0.18	0.72	-0.64		-0.65	-0.89
Net Invested Capital	0.98	-0.83	0.48	-0.65	0.97	0.91	-0.86	0.92	-0.88	-0.88	-0.91	0.64	0.99	0.99	0.46	-0.59	0.99	0.89	-0.6	0.76	0.85	0.04	0.99	-0.65		0.91
Property Plant And Equipment Gross	0.81	-0.9	0.43	-0.89	0.97	0.67	-0.57	0.99	-0.63	-0.9	-0.73	0.26	0.93	0.91	0.36	-0.48	0.93	0.62	-0.49	0.44	0.57	-0.35	0.89	-0.89	0.91

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Trio Ev To Operating Cash Flow vs Ptb Ratio Analysis

Ev To Operating Cash Flow vs Ptb Ratio

Ev To Operating Cash Flow vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Ev To Operating Cash Flow

Ptb Ratio

Trio Petroleum fundamental ratios Correlations

Trio Petroleum Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Common Stock Shares Outstanding	+ 1.0	Other Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.99	Other Current Liab
Cash	+ 0.99	Total Stockholder Equity

Net Receivables	- 0.98	Net Tangible Assets
Net Tangible Assets	- 0.98	Other Liab
Inventory	- 0.97	Net Tangible Assets
Non Current Liabilities Total	- 0.96	Net Tangible Assets
Retained Earnings	- 0.96	Total Assets
Other Stockholder Equity	- 0.95	Retained Earnings