Trio Petroleum Corp. (TPET) — 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. See operational self-sufficiency of Trio Petroleum Corp. to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trio Petroleum Corp. Working Capital to Net Assets (2021–2025)
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. For the complete balance sheet picture, see total assets of Trio Petroleum Corp..
Annual Working Capital to Net Assets for Trio Petroleum Corp. (2021–2025)
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. Read debt load of Trio Petroleum Corp. for a breakdown of total debt and financial obligations.
| 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 | — |