Trio Petroleum Corp.
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.
Trio Petroleum Corp. (TPET) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of October 2025: -0.060x
Based on the latest financial reports, Trio Petroleum Corp. (TPET) has a cash flow conversion efficiency ratio of -0.060x as of October 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-680.25K) by net assets ($11.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Trio Petroleum Corp. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Trio Petroleum Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Trio Petroleum Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Trio Petroleum Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xilam Animation
PA:XIL
|
0.207x |
|
St-Georges Eco-Mining Corp
OTCQB:SXOOF
|
0.001x |
|
H.Pio Co. Ltd.
KQ:357230
|
0.026x |
|
Kintech Electronics Co Ltd
TWO:6210
|
-0.081x |
|
Jeongsan Aikang Co.Ltd
KQ:022220
|
0.002x |
|
Flow Capital Corp
PINK:AHFCF
|
-0.065x |
|
OD6 Metals Ltd
AU:OD6
|
-0.075x |
|
Teton Advisors Inc
OTCQX:TETAA
|
-0.041x |
Annual Cash Flow Conversion Efficiency for Trio Petroleum Corp. (2021–2025)
The table below shows the annual cash flow conversion efficiency of Trio Petroleum Corp. from 2021 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | $11.30 Million | $-2.74 Million | -0.242x | +42.94% |
| 2024-10-31 | $9.04 Million | $-3.84 Million | -0.425x | -2.52% |
| 2023-10-31 | $9.74 Million | $-4.04 Million | -0.414x | -124.68% |
| 2022-10-31 | $2.72 Million | $-502.14K | -0.184x | -188.47% |
| 2021-10-31 | $4.05 Million | $-258.92K | -0.064x | -- |