TPET (Trio Petroleum) Total Current Assets: $22.46 Mil (As of Apr. 2026)


TPET Trio Petroleum Corp TPET
34 GF Score
Price $0.29
! 5 Warning Signs
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What is Trio Petroleum Total Current Assets?

Trio Petroleum TPET +0.80% 34 Total Current Assets is $22.46 Mil as of Apr. 2026. GuruFocus rates TPET with a GF Score™ of 34/100. The stock has 5 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trio Petroleum's total current assets for the quarter that ended in Apr. 2026 was $22.46 Mil.

Trio Petroleum  (AMEX:TPET) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Trio Petroleum's Liquidation Value for the quarter that ended in Apr. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=22.098-1.171+0.75 * 0.107+0.5 * 0
=21.01

* 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 Total Current Assets Related Terms

Trio Petroleum Total Current Assets Historical Data

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The historical data trend for Trio Petroleum's Total Current 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.

Trio Petroleum Total Current Assets Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Total Current Assets
0.29 1.75 1.70 0.57 1.07

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Current Assets 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 1.74 0.88 1.07 0.90 22.46
TPET
34GF Score
Trio Petroleum Corp TPET
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Trio Petroleum Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Trio Petroleum's Total Current Assets for the fiscal year that ended in Oct. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.882+0.06+0+0.129
=1.07

Trio Petroleum's Total Current Assets for the quarter that ended in Apr. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=22.098+0.107+0+0.253
=22.46

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $22.46 Mil mean?
Trio Petroleum (TPET) has a Total Current Assets of $22.46 Mil as of Apr. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Trio Petroleum and its competitors.
Is Trio Petroleum's Total Current Assets too high?
Trio Petroleum's current Total Current Assets is $22.46 Mil. 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 Total Current Assets compare to NRIS and BRN?
Trio Petroleum's Total Current Assets of $22.46 Mil 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 Total Current Assets for an Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas industry context. However, Total Current 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Trio Petroleum and its competitors. Trio Petroleum's current Total Current Assets is $22.46 Mil. 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 Total Current Assets of $22.46 Mil. The current Total Current Assets is $22.46 Mil. 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 Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Total Current Assets is $22.46 Mil 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.
34GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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