Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Trio Petroleum's operating assets for the quarter that ended in Apr. 2026 was $13.63 Mil. Trio Petroleum's operating liabilities for the quarter that ended in Apr. 2026 was $1.17 Mil. Trio Petroleum's Total Assets for the quarter that ended in Jan. 2026 was $14.17 Mil. Therefore, Trio Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.88.
Trio Petroleum Scaled Net Operating Assets Related Terms
Trio Petroleum Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Trio Petroleum's Scaled Net Operating Assets 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 BRN, GULTU, ROYL: Scaled Net Operating Assets Comparison
For the Oil & Gas E&P subindustry, Trio Petroleum's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trio Petroleum's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Trio Petroleum's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.88 mean?
Trio Petroleum (TPET) has a Scaled Net Operating Assets of 0.88 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trio Petroleum and its competitors.
Is Trio Petroleum's Scaled Net Operating Assets too high?
Trio Petroleum's current Scaled Net Operating Assets is 0.88. Overall, Trio Petroleum has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Scaled Net Operating Assets compare to BRN and GULTU?
Trio Petroleum's Scaled Net Operating Assets of 0.88 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trio Petroleum and its competitors. Trio Petroleum's current Scaled Net Operating Assets is 0.88. 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 Scaled Net Operating Assets of 0.88. The current Scaled Net Operating Assets is 0.88. Trio Petroleum's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Scaled Net Operating Assets is 0.88 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.
34GF Score
Get the complete analysis for TPET
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPET has been successfully added to your 
