Trio Petroleum Corp. (TPET) - Cash Flow Conversion Efficiency
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. Read TPET total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
-0.056x |
|
TV Thunder Public Company Limited
BK:TVT
|
0.002x |
|
Cycurion, Inc.
NASDAQ:CYCU
|
-0.204x |
|
Helios Energy Ltd
AU:HE8
|
-0.020x |
|
Nexgel Inc
NASDAQ:NXGL
|
0.057x |
|
Noroo Holdings Co Ltd
KO:000325
|
0.010x |
|
Soco Corporation Ltd
AU:SOC
|
-0.288x |
|
Innovotech Inc
V:IOT
|
0.039x |
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. For the full company profile with market capitalisation and key ratios, see TPET stock market capitalisation.
| 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 | -- |
About 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.