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Trinity Exploration & Production (LSE:TRIN) Debt-to-Revenue : 0.06 (As of Dec. 2023)


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What is Trinity Exploration & Production Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Trinity Exploration & Production's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £3.32 Mil. Trinity Exploration & Production's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.11 Mil. Trinity Exploration & Production's annualized Revenue for the quarter that ended in Dec. 2023 was £56.99 Mil. Trinity Exploration & Production's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.


Trinity Exploration & Production Debt-to-Revenue Historical Data

The historical data trend for Trinity Exploration & Production's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Trinity Exploration & Production Debt-to-Revenue Chart

Trinity Exploration & Production Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.09 0.05 0.04 0.06

Trinity Exploration & Production Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.06

Competitive Comparison of Trinity Exploration & Production's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Trinity Exploration & Production's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinity Exploration & Production's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trinity Exploration & Production's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Trinity Exploration & Production's Debt-to-Revenue falls into.



Trinity Exploration & Production Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Trinity Exploration & Production's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.324 + 0.108) / 55.157
=0.06

Trinity Exploration & Production's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.324 + 0.108) / 56.988
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Trinity Exploration & Production Debt-to-Revenue Related Terms

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Trinity Exploration & Production (LSE:TRIN) Business Description

Traded in Other Exchanges
Address
C/o Pinsent Masons LLP, 1 Park Row, Leeds, GBR, LS1 5AB
Trinity Exploration & Production PLC is an independent exploration and production company. Its activities include the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing and development assets both onshore and offshore in the shallow waters off the West and East Coasts of Trinidad. It operates through one operating segment being exploration and development, production and extraction of hydrocarbons.