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 Trio Petroleum Corp. net asset quality index to measure how much of total assets are equity-financed.
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. Check Trio Petroleum Corp. tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Trio Petroleum Corp. (TPET) total market 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 | — |