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Trio PetroleumTPET -3.93%35 Equity-to-Asset is 0.97 as of Apr. 2026, which is 17% above its 10-year median of 0.83. GuruFocus rates TPET with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,035 Oil & Gas companies, Trio Petroleum ranks better than 96.23% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trio Petroleum's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $34.55 Mil. Trio Petroleum's Total Assets for the quarter that ended in Apr. 2026 was $35.72 Mil.
Therefore, Trio Petroleum's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.97.
The historical rank and industry rank for Trio Petroleum's Equity-to-Asset or its related term are showing as below:
TPET'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.83 Max: 0.97
Current: 0.97
During the past 5 years, the highest Equity to Asset Ratio of Trio Petroleum was 0.97. The lowest was 0.24. And the median was 0.83.
TPET's Equity-to-Asset is ranked better than 96.23% of 1035
companies
in the Oil & Gas industry
Industry Median: 0.49
vs TPET: 0.97
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Trio Petroleum Equity-to-Asset Related Terms
Trio Petroleum Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Trio Petroleum's Equity-to-Asset 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.
TPET vs NRIS, BRN, GULTU: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Trio Petroleum's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trio Petroleum's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Trio Petroleum's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Trio Petroleum's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* 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 (TPET) has a Equity-to-Asset of 0.97 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trio Petroleum and its competitors. This is 17% above median its historical median of 0.83. Over the past decade, Trio Petroleum's Equity-to-Asset has ranged from 0.24 to 0.97. According to the industry distribution chart, Trio Petroleum ranks #39 out of 1035 companies in the Oil & Gas industry, placing it in the top 3.8%.
Is Trio Petroleum's Equity-to-Asset too high?
Trio Petroleum's current Equity-to-Asset of 0.97 is 17% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.97. The Oil & Gas industry median Equity-to-Asset is 0.49. Trio Petroleum's value of 0.97 is 98% above this industry median. Based on the distribution chart, Trio Petroleum ranks #39 out of 1035 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 Equity-to-Asset compare to NRIS and BRN?
According to the Oil & Gas industry distribution chart, Trio Petroleum ranks #39 out of 1035 companies for Equity-to-Asset. This places Trio Petroleum in the top 4% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.49. Trio Petroleum's value of 0.97 is 98% above this benchmark. Historically, Trio Petroleum's own Equity-to-Asset has ranged from 0.24 to 0.97 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.49, Trio Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trio Petroleum's current Equity-to-Asset of 0.97 is 98% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trio Petroleum and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trio Petroleum's current Equity-to-Asset is 0.97, which is 17% above median its own 10-year median of 0.83. 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 Equity-to-Asset of 0.97. The current Equity-to-Asset is 0.97, which is 17% above median its 10-year median of 0.83 and 98% above the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Equity-to-Asset is 0.97 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 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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