Trio Petroleum Corp.TPETNYSE
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Debt to Assets Over Time
Trending lower, below historical average, structural decline.
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Debt-to-assets ratio
Latest
0.08
↓ 75% below average
Average (3y)
0.31
Historical baseline
Range
High:0.57
Low:0.08
CAGR
-45.8%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.08 | -28.2% |
| 2023 | 0.10 | -81.7% |
| 2022 | 0.57 | +21.5% |
| 2021 | 0.47 | - |