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Balance Sheets Overview

Current Ratio
2247.68%
Quick Ratio
2247.68%
Debt to Asset Ratio
3.28%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Oil and gas properties - not sub...
    • Prepaid expenses
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable and accrued lia...
    • Others
Balance Sheets
2026-04-30
2026-01-31
2025-10-31
Cash and cash equivalents
22,098,186
684,653
882,162
Prepaid expenses and other receivables
-
-
128,856
Prepaid expenses
252,998
175,624
-
Accounts receivable
107,016
42,265
59,970
Total current assets
22,458,200
902,542
1,070,988
Oil and gas properties - not subject to amortization
13,172,944
13,169,708
12,143,122
Property, plant and equipment
93,003
92,763
-
Total assets
35,724,147
14,165,013
13,214,110
Accounts payable and accrued liabilities
832,423
1,523,063
1,305,997
Asset retirement obligations - current
15,039
14,974
2,778
Convertible notes, net of discounts
-
167,879
467,179
Due to operators
4,206
66,240
5,668
Other current liabilities
147,506
31,870
75,268
Total current liabilities
999,174
1,804,026
1,856,890
Asset retirement obligations, net of current portion
171,758
167,692
53,869
Total non-current liabilities
171,758
167,692
53,869
Total liabilities
1,170,932
1,971,718
1,910,759
Common stock, 0.0001 par value 150,000,000 shares authorized 41,187,954 and 9,047,658 shares issued and outstanding as of april 30, 2026 and october 31, 2025, respectively
4,120
1,278
906
Stock subscription receivable
10,010
10,010
10,010
Additional paid-in capital
64,244,878
40,521,145
38,653,796
Accumulated other comprehensive income
50,024
49,323
14,471
Accumulated deficit
-29,735,797
-28,368,441
-27,355,812
Total stockholders equity
34,553,215
12,193,295
11,303,351
Total liabilities and stockholders equity
35,724,147
14,165,013
13,214,110
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$22,098,186 Prepaid expenses$252,998 Accounts receivable$107,016 Total current assets$22,458,200 Oil and gasproperties - not subject to...$13,172,944 Property, plant andequipment$93,003 Total assets$35,724,147 Total liabilities andstockholders equity$35,724,147 Total stockholdersequity$34,553,215 Total liabilities$1,170,932 Accumulated deficit-$29,735,797 Stock subscriptionreceivable$10,010 Additional paid-in capital$64,244,878 Total currentliabilities$999,174 Total non-currentliabilities$171,758 Accumulated othercomprehensive income$50,024 Common stock, 0.0001par value...$4,120 Accounts payable andaccrued liabilities$832,423 Other currentliabilities$147,506 Asset retirementobligations - current$15,039 Due to operators$4,206 Asset retirementobligations, net of current...$171,758

Trio Petroleum Corp (TPET)

Trio Petroleum Corp (TPET)