Trio Petroleum Corp. (TPET) Key Metrics
TPET valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $8.4M
- Enterprise value
- $8.9M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 9.8
- Price / book
- 0.3
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −4.73
TPET key metrics, FY2021–FY2025
Fiscal year ended October 31, 2025 · U.S. dollarsTPET returns How much profit the business earns on the capital it uses.
TPET financial health Debt, liquidity and how easily interest is covered.
TPET efficiency & capital use Working capital cycle and where the cash goes.
TPET valuation history
TPET returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TPET debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TPET price vs earnings per share
TPET key metrics
FY2021–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | — | — | $2.24B | — | — |
| Enterprise value | — | — | $2.23B | — | — |
| Price / book | — | — | 229.4 | — | — |
| Earnings yield | — | — | −0.3% | — | — |
| Free cash flow yield | — | — | −0.2% | — | — |
| Share price at fiscal year-end | $9.27 | $23.04 | $96.84 | — | — |
| Per share | |||||
| Revenue per share | — | — | $0.00 | — | — |
| Earnings per share | — | — | −$0.28 | — | — |
| Operating cash flow per share | — | — | −$0.17 | — | — |
| Free cash flow per share | — | — | −$0.19 | — | — |
| Cash per share | — | — | $0.07 | — | — |
| Book value per share | — | — | $0.42 | — | — |
| Tangible book value per share | — | — | $0.42 | — | — |
| Capex per share | — | — | $0.02 | — | — |
| Debt per share | — | — | $0.05 | — | — |
| Shares outstanding | — | — | 23.1M | — | — |
| Returns & profitability | |||||
| Return on equity (ROE) | −71.6% | −102.5% | −105.0% | −112.2% | −2.5% |
| Return on invested capital (ROIC) | −40.6% | −51.6% | −41.7% | −8.1% | −0.7% |
| Return on assets (ROA) | −58.5% | −82.5% | −61.9% | −44.0% | −1.3% |
| Return on tangible assets | −55.1% | −82.4% | −56.2% | −40.1% | −1.3% |
| Free cash flow margin | −908.0% | — | — | — | — |
| Financial health | |||||
| Total debt | $467,179 | $877,852 | $1.2M | $5.4M | $3.7M |
| Cash & short-term investments | $882,162 | $285,945 | $1.6M | $73,648 | $78,877 |
| Net debt | −$414,983 | $591,907 | −$344,327 | $5.4M | $3.6M |
| Debt / equity | 0.04 | 0.10 | 0.12 | 1.99 | 0.90 |
| Debt / assets | 0.04 | 0.08 | 0.10 | 0.57 | 0.47 |
| Current ratio | 0.58 | 0.22 | 0.92 | 0.26 | 0.08 |
| Quick ratio | 0.58 | 0.22 | 0.92 | 0.02 | 0.03 |
| Interest coverage | -8.7 | -2.9 | -5.8 | -0.5 | -1.7 |
| Working capital | −$785,902 | −$2.0M | −$156,045 | −$5.0M | −$3.4M |
| Invested capital | $10.9M | $9.6M | $9.4M | $8.1M | $7.6M |
| Tangible asset value | $11.3M | $9.0M | $9.7M | $2.7M | $4.1M |
| Net current asset value | −$839,771 | −$2.1M | −$204,358 | −$5.0M | −$3.4M |
| Graham net-net per share | — | — | −$0.01 | — | — |
| Capital allocation | |||||
| Capex / revenue | 221.0% | 549.4% | — | — | — |
| Capex / depreciation | 317.16 | 421.66 | 0.76 | 0.00 | 835.65 |
| Stock-based compensation / revenue | 659.4% | 719.8% | — | — | — |
| SG&A / revenue | 706.6% | 2,819.9% | — | — | — |
| Efficiency | |||||
| Days sales outstanding | 27.4 | 0.0 | — | — | — |
| Days of inventory on hand | — | — | — | 116,806.9 | 171,970.9 |
| Days payables outstanding | 1,907.5 | 108,110.6 | — | 77,531.2 | 16,388.4 |
| Cash conversion cycle (days) | -1,880.0 | -108,110.6 | — | — | — |
| Receivables turnover | 13.30 | — | — | 0.00 | 0.00 |
| Payables turnover | 0.19 | 0.00 | — | 0.00 | 0.02 |
| Inventory turnover | — | — | — | 0.00 | 0.00 |
| Asset turnover | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 |
| Average receivables | $29,985 | $0 | — | $28,077 | $21,154 |
| Average payables | $1.2M | $822,826 | $886,708 | $590,087 | $16,119 |
| Average inventory | — | — | — | $889,012 | $169,144 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from TPET's annual financial statements (latest annual report filed January 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TPET valuation and financial ratios
Trio Petroleum earned a return on equity of −71.6% and a return on invested capital of −40.6% in fiscal 2025. It ended the year with $0.5 million of debt and $0.9 million in cash and short-term investments, a net cash position of $0.4 million.
See the TPET income statement, the TPET chart for price history, or the TPET stock overview for the latest quote and news.
TPET key metrics FAQ
What is Trio Petroleum's return on equity?
Trio Petroleum's return on equity (ROE) was −71.6% in fiscal 2025: net income of -$7.3 million on average shareholders' equity of $10.2 million.
What is Trio Petroleum's ROIC?
Trio Petroleum's return on invested capital was −40.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Trio Petroleum have?
Trio Petroleum had total debt of $0.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.04 and more cash than debt.
What is Trio Petroleum's current ratio?
Trio Petroleum's current ratio was 0.58 at the end of fiscal 2025: current assets were 0.58 times current liabilities.