Trio Petroleum Corp. (TPET) - Total Liabilities
Based on the latest financial reports, Trio Petroleum Corp. (TPET) has total liabilities worth $1.91 Million USD as of October 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore TPET cash generation efficiency to assess how effectively this company generates cash.
Trio Petroleum Corp. - Total Liabilities Trend (2021–2025)
This chart illustrates how Trio Petroleum Corp.'s total liabilities have evolved over time, based on quarterly financial data. See TPET total equity for net asset value and shareholders' equity analysis.
Trio Petroleum Corp. Competitors by Total Liabilities
The table below lists competitors of Trio Petroleum Corp. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Helios Energy Ltd
AU:HE8
|
Australia | AU$1.91 Million |
|
Cycurion, Inc.
NASDAQ:CYCU
|
USA | $17.21 Million |
|
TV Thunder Public Company Limited
BK:TVT
|
Thailand | ฿27.59 Million |
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
USA | $4.92 Million |
|
Nexgel Inc
NASDAQ:NXGL
|
USA | $5.57 Million |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩463.91 Billion |
|
Soco Corporation Ltd
AU:SOC
|
Australia | AU$6.35 Million |
|
Innovotech Inc
V:IOT
|
Canada | CA$784.68K |
Liability Composition Analysis (2021–2025)
This chart breaks down Trio Petroleum Corp.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see TPET market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.58 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.17 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.14 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Trio Petroleum Corp.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Trio Petroleum Corp. (2021–2025)
The table below shows the annual total liabilities of Trio Petroleum Corp. from 2021 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-10-31 | $1.91 Million | -27.67% |
| 2024-10-31 | $2.64 Million | +39.06% |
| 2023-10-31 | $1.90 Million | -71.92% |
| 2022-10-31 | $6.77 Million | +81.70% |
| 2021-10-31 | $3.72 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.