Trinity Biotech plc
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
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
Total Assets
Resilience Assessment
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 | -- |