Trio Petroleum Corp. (TPET) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 22.46M | 902.54K | 1.07M | 876.55K | 1.74M | 2.02M | 565.22K | 617.71K | 804.88K | 475.87K | 1.7M | 1.63M | 2.3M | 2.07M | 1.75M | 1.1M | 1.25M |
| Cash & Short-Term Investments | 22.1M | 684.65K | 882.16K | 584.37K | 1.46M | 1.96M | 285.94K | 293.11K | 220.65K | 348.75K | 1.56M | 1.51M | 2.19M | 112.53K | 73.65K | 41.52K | 249.71K |
| Cash Only | 22.1M | 684.65K | 882.16K | 584.37K | 1.46M | 1.96M | 285.94K | 293.11K | 220.65K | 348.75K | 1.56M | 1.51M | 2.19M | 112.53K | 73.65K | 41.52K | 249.71K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 107.02K | 42.27K | 59.97K | 95.78K | 31.57K | 0 | 0 | 0 | 0 | 127.12K | 0 | 124.29K | 115.74K | 35.19K | 35K | 46.36K | 126.15K |
| Days Sales Outstanding | 31.9 | 38.49 | 41.6 | 30.45 | 120.74 | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -127.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 128.86K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -115.74K | 1.89M | 1.61M | 966.4K | 747.42K |
| Total Non-Current Assets | 13.27M | 13.26M | 12.15M | 12.16M | 12.03M | 11.2M | 11.12M | 11.08M | 11.01M | 10.86M | 9.95M | 9.54M | 8.71M | 7.74M | 7.74M | 7.74M | 7.48M |
| Property, Plant & Equipment | 93K | 92.76K | 12.14M | 12.16M | 12.03M | 11.2M | 11.12M | 11.08M | 11.01M | 10.86M | 9.95M | 9.05M | 7.34M | 5.84M | 5.84M | 5.84M | 7.48M |
| Fixed Asset Turnover | 2.24x | 0.02x | 0.01x | 0.02x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K | 10.01K |
| Other Non-Current Assets | 13.16M | 13.16M | 0 | 0 | 0 | -10.01K | -10.01K | -10.01K | -10.01K | -10.01K | -10.01K | 484.94K | 1.37M | 1.89M | 1.89M | 1.89M | -10.01K |
| Total Assets | 35.72M | 14.17M | 13.22M | 13.03M | 13.77M | 13.21M | 11.68M | 11.7M | 11.81M | 11.34M | 11.64M | 11.17M | 11.01M | 9.81M | 9.49M | 8.84M | 8.73M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | - | - | - | - | - | - | - | - |
| Asset Growth % | 159.42% | 7.21% | 13.18% | 11.37% | 16.57% | 16.55% | 0.35% | 4.75% | 7.29% | 15.57% | 22.7% | 26.41% | 26.08% | - | - | - | - |
| Total Current Liabilities | 999.17K | 1.8M | 1.86M | 1.56M | 2.27M | 1.47M | 2.59M | 3.59M | 2.02M | 1.93M | 1.85M | 822.7K | 1.17M | 7.44M | 6.71M | 5.36M | 4.58M |
| Accounts Payable | 832.42K | 1.52M | 1.31M | 1.4M | 1.14M | 1.03M | 1.04M | 1.44M | 1M | 561.69K | 609.36K | 819.93K | 1.17M | 1.41M | 1.16M | 589.67K | 425.17K |
| Days Payables Outstanding | 333.48 | 1.45K | 1.59K | 1.18K | 4.58K | 137.06K | 163.84K | 161.34K | 101.4K | 77.51K | 94.74K | 131.58K | 164.99K | 170.04K | 116.24K | 67.17K | 223.61K |
| Short-Term Debt | 0 | 167.88K | 467.18K | 865 | 589.13K | 312.78K | 877.85K | 1.57M | 548.45K | 1.27M | 1.22M | 0 | 0 | 5.91M | 5.43M | 4.77M | 4.15M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.41K | 66.66K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 166.75K | 113.08K | 83.71K | 150.43K | 162.08K | 43.79K | 457.74K | 538.09K | 337.78K | 94.17K | 24.43K | 2.78K | 1.17M | 117.65K | 117.66K | 2.78K | 2.78K |
| Current Ratio | 22.48x | 0.50x | 0.58x | 0.56x | 0.77x | 1.37x | 0.22x | 0.17x | 0.40x | 0.25x | 0.92x | 1.98x | 1.97x | 0.28x | 0.26x | 0.21x | 0.27x |
| Quick Ratio | 22.48x | 0.50x | 0.58x | 0.56x | 0.77x | 1.37x | 0.22x | 0.17x | 0.40x | 0.31x | 0.92x | 1.98x | 1.97x | 0.28x | 0.26x | 0.21x | 0.27x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 171.76K | 167.69K | 53.87K | 53.17K | 52.48K | 51.79K | 51.09K | 50.4K | 49.7K | 369.01K | 48.31K | 51.37K | 51.17K | 55.68K | 54.98K | 44.84K | 44.15K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.25K | 9.45K | 9.45K | 0 | 0 |
| Other Non-Current Liabilities | 171.76K | 167.69K | 53.87K | 53.17K | 52.48K | 51.79K | 51.09K | 50.4K | 49.7K | 369.01K | 48.31K | 51.37K | 46.92K | 46.23K | 45.53K | 44.84K | 44.15K |
| Total Liabilities | 1.17M | 1.97M | 1.91M | 1.61M | 2.32M | 1.52M | 2.64M | 3.64M | 2.07M | 2.3M | 1.9M | 874.07K | 1.22M | 7.49M | 6.77M | 5.4M | 4.62M |
| Total Debt | 0 | 167.88K | 467.18K | 865 | 589.13K | 312.78K | 877.85K | 1.57M | 548.45K | 1.27M | 1.22M | 0 | 0 | 5.91M | 5.43M | 4.77M | 4.15M |
| Net Debt | -22.1M | -516.77K | -414.98K | -584.37K | -867.92K | -1.65M | 591.91K | 1.28M | 327.81K | 922.18K | -344.33K | -1.51M | -2.19M | 5.8M | 5.36M | 4.73M | 3.9M |
| Debt / Equity | - | 0.01x | 0.04x | 0.00x | 0.05x | 0.03x | 0.10x | 0.20x | 0.06x | 0.14x | 0.12x | - | - | 2.55x | 1.99x | 1.39x | 1.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -60.08x | -6.41x | -23.82x | -8.40x | -50.86x | -4.07x | -4.52x | -2.26x | -3.12x | -9.68x | -28.40x | - | -22.70x | -0.25x | -0.16x | -0.46x | -3.15x |
| Total Equity | 34.55M | 12.19M | 11.31M | 11.42M | 11.45M | 11.69M | 9.04M | 8.06M | 9.75M | 9.04M | 9.74M | 10.3M | 9.79M | 2.32M | 2.72M | 3.43M | 4.11M |
| Equity Growth % | 201.84% | 4.28% | 25.11% | 41.67% | 17.47% | 29.34% | -7.19% | -21.7% | -0.44% | 290.07% | 257.8% | 200.02% | 138.23% | - | - | - | - |
| Book Value per Share | 1.23 | 1.16 | 1.25 | 1.43 | 5.14 | 5.25 | 4.06 | 3.20 | 4.77 | 5.72 | 6.28 | 6.95 | 7.43 | 2.01 | 2.36 | 2.97 | 3.56 |
| Total Shareholders' Equity | 34.55M | 12.19M | 11.31M | 11.42M | 11.45M | 11.69M | 9.04M | 8.06M | 9.75M | 9.04M | 9.74M | 10.3M | 9.79M | 2.32M | 2.72M | 3.43M | 4.11M |
| Common Stock | 4.12K | 1.28K | 906 | 840 | 750 | 672 | 320 | 5.03K | 5.03K | 3.23K | 3.1K | 2.96K | 2.48K | 1.74K | 1.7K | 1.59K | 1.56K |
| Retained Earnings | -29.74M | -28.37M | -27.36M | -24.64M | -23.25M | -21.69M | -20.07M | -18.37M | -16.19M | -12.15M | -10.45M | -9.13M | -6.96M | -4.72M | -3.9M | -3.19M | -2.48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 50.02K | 49.32K | 14.47K | 30.52K | 34.85K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |