Trio Petroleum Corp. Total Assets
Trio Petroleum Corp. total assets. Based on the latest financial reports, Trio Petroleum Corp. (TPET) holds total assets worth $13.22 Million USD as of October 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Trio Petroleum Corp. stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Trio Petroleum Corp. (2021–2025)
Total assets of Trio Petroleum Corp. from 2021 to 2025. This chart illustrates how Trio Petroleum Corp.'s total assets have evolved over time, based on quarterly financial data. See Trio Petroleum Corp. stock quote for real-time trading data and today's change.
Trio Petroleum Corp. - Asset Composition Analysis
Trio Petroleum Corp. Total Assets Breakdown (October 2025)
Trio Petroleum Corp. total assets breakdown as of October 2025. Trio Petroleum Corp.'s total assets of $13.22 Million consist of 8.1% current assets and 91.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.7% |
| Accounts Receivable | $59.97K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Trio Petroleum Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore TPET working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trio Petroleum Corp.'s current assets represent 8.1% of total assets in 2025, an increase from 3.7% in 2021.
- Cash Position: Cash and equivalents constituted 6.7% of total assets in 2025, up from 1.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Trio Petroleum Corp. Competitors by Total Assets
Key competitors of Trio Petroleum Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Range Resources Corp
NYSE:RRC
|
USA | $7.56 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.21 Billion |
|
Northern Oil & Gas Inc
NYSE:NOG
|
USA | $5.83 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
Trio Petroleum Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.58 | 0.22 | 0.27 |
| Quick Ratio | 0.58 | 0.22 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-785.90K | $-2.03 Million | $-3.33 Million |
Trio Petroleum Corp. - Advanced Valuation Insights
This section examines the relationship between Trio Petroleum Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.70 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | $13.21 Million |
| Market Capitalization | $4.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Trio Petroleum Corp.'s assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Trio Petroleum Corp.'s assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trio Petroleum Corp. (2021–2025)
The table below shows the annual total assets of Trio Petroleum Corp. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $13.21 Million | +13.09% |
| 2024-10-31 | $11.68 Million | +0.35% |
| 2023-10-31 | $11.64 Million | +22.70% |
| 2022-10-31 | $9.49 Million | +22.06% |
| 2021-10-31 | $7.77 Million | -- |
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.