Trio Petroleum (TPET) - Cash on Hand

Cash on Hand as of January 2025 : $1.96 Million USD

According to Trio Petroleum's latest financial reports the company has $1.96 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Trio Petroleum - Cash on Hand chart (from 2022 to 2025)

Cash on Hand by year

Year	Cash on Hand	Change
2024-10-31	$0.28 M	-81.69%
2023-10-31	$1.56 M	2020.8%
2022-10-31	$0.07 M	-6.63%
2021-10-31	$0.07 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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