Trinity Biotech plc

NASDAQ:TRIB USA Medical Devices
Market Cap
$13.79 Million
Market Cap Rank
#26527 Global
#8969 in USA
Share Price
$0.74
Change (1 day)
-9.06%
52-Week Range
$0.52 - $1.91
All Time High
$67.65
About

Trinity Biotech plc acquires, together with its subsidiaries, develops, acquires, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the Americas, Asia, Africa, and Europe. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detects infectious diseases; se… Read more

Trinity Biotech plc - Asset Resilience Ratio

Latest as of September 2023: 29.53%

Trinity Biotech plc (TRIB) has an Asset Resilience Ratio of 29.53% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$18.78 Million
Cash + Short-term Investments
Total Assets
$63.60 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (1997–2020)

This chart shows how Trinity Biotech plc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Trinity Biotech plc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $18.78 Million 29.53%
Total Liquid Assets $18.78 Million 29.53%

Asset Resilience Insights

  • Very High Liquidity: Trinity Biotech plc maintains exceptional liquid asset reserves at 29.53% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Trinity Biotech plc Industry Peers by Asset Resilience Ratio

Compare Trinity Biotech plc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
Medical Devices 0.01%
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
Medical Devices 0.26%
Double Medical Technology Inc
SHE:002901
Medical Devices 7.79%
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
Medical Devices 6.64%
Shinhung
KO:004080
Medical Devices 4.17%
UMediC Group Berhad
KLSE:0256
Medical Devices 1.48%
Osang Healthcare Co.,Ltd
KQ:036220
Medical Devices 9.34%
HansBiomed Corporation
KQ:042520
Medical Devices 9.13%

Annual Asset Resilience Ratio for Trinity Biotech plc (1997–2020)

The table below shows the annual Asset Resilience Ratio data for Trinity Biotech plc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 0.00% $0.00 $130.40 Million --
2019-12-31 0.89% $1.17 Million $131.07 Million -14.60pp
2018-12-31 15.49% $23.42 Million $151.24 Million -2.19pp
2017-12-31 17.67% $34.04 Million $192.62 Million -8.70pp
2015-12-31 26.37% $94.66 Million $358.96 Million +25.60pp
2014-12-31 0.77% $1.88 Million $242.84 Million -5.09pp
2013-12-31 5.86% $13.28 Million $226.49 Million -26.30pp
2012-12-31 32.17% $63.50 Million $197.41 Million -7.43pp
2011-12-31 39.59% $67.90 Million $171.50 Million +5.03pp
2010-12-31 34.56% $55.60 Million $160.87 Million +33.50pp
2009-12-31 1.06% $1.40 Million $132.44 Million -0.49pp
2008-12-31 1.54% $2.00 Million $129.51 Million -0.54pp
2007-12-31 2.08% $4.50 Million $215.98 Million -4.14pp
2006-12-31 6.22% $15.50 Million $249.13 Million +3.53pp
2005-12-31 2.69% $4.96 Million $184.60 Million +2.47pp
1998-12-31 0.22% $100.00K $45.00 Million -5.47pp
1997-12-31 5.69% $1.40 Million $24.60 Million --
pp = percentage points