Trio Petroleum Corp. Working Capital to Net Assets Ratio
Trio Petroleum Corp. working capital to net assets ratio. Trio Petroleum Corp. (TPET) has a Working Capital to Net Assets ratio of -6.9% as of October 2025. Working capital of $-785.90K (current assets of $1.07 Million minus current liabilities of $1.86 Million) is measured against net assets of $11.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Trio Petroleum Corp. (2021–2025)
Working capital to net assets ratio of Trio Petroleum Corp. from 2021 to 2025. This chart shows how Trio Petroleum Corp.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of October 2025, the ratio stands at -6.9%, reflecting working capital of $-785.90K against net assets of $11.31 Million USD. See TPET defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Trio Petroleum Corp. Working Capital to Net Assets Ratio by Year (2021–2025)
Trio Petroleum Corp. working capital to net assets ratio by year from 2021 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Trio Petroleum Corp. from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see TPET total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -7.0% | $-785.90K | $11.30 Million | $1.07 Million | $1.86 Million | ▲ +15.4 pp |
| 2024 | -22.4% | $-2.03 Million | $9.04 Million | $565.22K | $2.59 Million | ▼ -20.8 pp |
| 2023 | -1.6% | $-156.04K | $9.74 Million | $1.70 Million | $1.85 Million | ▲ +180.5 pp |
| 2022 | -182.1% | $-4.96 Million | $2.72 Million | $1.75 Million | $6.71 Million | ▼ -98.4 pp |
| 2021 | -83.7% | $-3.39 Million | $4.05 Million | $290.33K | $3.68 Million | — |