TPET (Trio Petroleum) Effective Interest Rate on Debt %: 52.38% (As of Apr. 2026)


TPET Trio Petroleum Corp TPET
35 GF Score
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What is Trio Petroleum Effective Interest Rate on Debt %?

Trio Petroleum TPET -10.68% 35 Effective Interest Rate on Debt % is 52.38% as of Apr. 2026. GuruFocus rates TPET with a GF Score™ of 35/100. The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Trio Petroleum's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $0.09 Mil. Trio Petroleum's average total debt for the quarter that ended in Apr. 2026 was $0.17 Mil. Therefore, Trio Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 52.38%.

Trio Petroleum  (AMEX:TPET) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Trio Petroleum Effective Interest Rate on Debt % Related Terms

Trio Petroleum Effective Interest Rate on Debt % Historical Data

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The historical data trend for Trio Petroleum's Effective Interest Rate on Debt % 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.

Trio Petroleum Effective Interest Rate on Debt % Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
0.00 36.56 23.83 202.19 90.11

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Effective Interest Rate on Debt % 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 26.61 200.68 186.32 172.60 52.38

TPET vs NRIS, BRN, GULTU: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Trio Petroleum's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

Trio Petroleum Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trio Petroleum's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Trio Petroleum's Effective Interest Rate on Debt % falls into.


TPET
35GF Score
Trio Petroleum Corp TPET
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trio Petroleum Effective Interest Rate on Debt % Calculation

Trio Petroleum's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -0.606/( (0.878+0.467)/ 2 )
=-1  *  -0.606/0.6725
=90.11 %

where

Total Debt  (A: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.878
=0.878

Total Debt  (A: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.467
=0.467

Trio Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.088/( (0.168+0)/ 1 )
=-1  *  -0.088/0.168
=52.38 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.168
=0.168

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 52.38% mean?
Trio Petroleum (TPET) has a Effective Interest Rate on Debt % of 52.38% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Trio Petroleum and its competitors.
Is Trio Petroleum's Effective Interest Rate on Debt % too high?
Trio Petroleum's current Effective Interest Rate on Debt % is 52.38%. Overall, Trio Petroleum has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Effective Interest Rate on Debt % compare to NRIS and BRN?
Trio Petroleum's Effective Interest Rate on Debt % of 52.38% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Trio Petroleum and its competitors. Trio Petroleum's current Effective Interest Rate on Debt % is 52.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current Effective Interest Rate on Debt % of 52.38%. The current Effective Interest Rate on Debt % is 52.38%. Trio Petroleum's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Effective Interest Rate on Debt % is 52.38% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trio Petroleum Business Description

Industry EnergyOil & Gas
Address 23823 Malibu Road, Suite 304, Malibu, CA, USA, 90265
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
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