Trinity Biotech plc (TRIB) - Net Assets
Based on the latest financial reports, Trinity Biotech plc (TRIB) has net assets worth $-71.98 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($105.17 Million) and total liabilities ($177.15 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Trinity Biotech plc (TRIB) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-71.98 Million |
| % of Total Assets | -68.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -166.2% |
| Growth Volatility | 106.18 |
Trinity Biotech plc - Net Assets Trend (1993–2025)
This chart illustrates how Trinity Biotech plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Trinity Biotech plc (TRIB) market capitalisation.
Annual Net Assets for Trinity Biotech plc (1993–2025)
The table below shows the annual net assets of Trinity Biotech plc from 1993 to 2025. Also explore net asset momentum of Trinity Biotech plc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-71.98 Million | -104.60% |
| 2024-12-31 | $-35.18 Million | -46.90% |
| 2023-12-31 | $-23.95 Million | -1000.60% |
| 2022-12-31 | $-2.18 Million | -582.13% |
| 2021-12-31 | $-319.00K | +85.62% |
| 2020-12-31 | $-2.22 Million | -147.08% |
| 2019-12-31 | $4.71 Million | -89.30% |
| 2018-12-31 | $44.05 Million | -32.43% |
| 2017-12-31 | $65.20 Million | -40.04% |
| 2016-12-31 | $108.73 Million | -49.17% |
| 2015-12-31 | $213.89 Million | +8.59% |
| 2014-12-31 | $196.97 Million | +7.63% |
| 2013-12-31 | $183.01 Million | +8.05% |
| 2012-12-31 | $169.38 Million | +11.93% |
| 2011-12-31 | $151.33 Million | +7.11% |
| 2010-12-31 | $141.29 Million | +78.07% |
| 2009-12-31 | $79.34 Million | +20.39% |
| 2008-12-31 | $65.91 Million | -51.84% |
| 2007-12-31 | $136.84 Million | -18.19% |
| 2006-12-31 | $167.26 Million | +25.18% |
| 2005-12-31 | $133.62 Million | +15.05% |
| 2004-12-31 | $116.14 Million | +44.70% |
| 2003-12-31 | $80.26 Million | +27.59% |
| 2002-12-31 | $62.91 Million | +11.28% |
| 2001-12-31 | $56.53 Million | +2.71% |
| 2000-12-31 | $55.04 Million | +142.25% |
| 1999-12-31 | $22.72 Million | +55.63% |
| 1998-12-31 | $14.60 Million | +105.63% |
| 1997-12-31 | $7.10 Million | -33.02% |
| 1996-12-31 | $10.60 Million | +41.33% |
| 1995-12-31 | $7.50 Million | +476.92% |
| 1994-12-31 | $1.30 Million | -58.06% |
| 1993-12-31 | $3.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trinity Biotech plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11206900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.00K | % |
| Other Comprehensive Income | $5.27 Million | % |
| Other Components | $38.88 Million | % |
| Total Equity | $-71.98 Million | 100.00% |
Trinity Biotech plc Competitors by Market Cap
The table below lists competitors of Trinity Biotech plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
|
$5.91 Million |
|
AS Latvijas Juras medicinas centrs
MU:UOM
|
$5.92 Million |
|
Weststar Industrial Ltd
AU:WSI
|
$5.92 Million |
|
Rebosis
JSE:REB
|
$5.93 Million |
|
Intertainment AG
XETRA:ITN
|
$5.91 Million |
|
Pollen Street PLC
LSE:POLN
|
$5.90 Million |
|
Hyterra Ltd
AU:HYT
|
$5.90 Million |
|
Eko Export SA
WAR:EEX
|
$5.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trinity Biotech plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -35,181,000 to -71,982,000, a change of -36,801,000.
- Net loss of 37,376,000 reduced equity.
- New share issuances of 547,000 increased equity.
- Other comprehensive income increased equity by 10,706,999.
- Other factors decreased equity by 10,678,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-37.38 Million | -51.92% |
| Share Issuances | $547.00K | +0.76% |
| Other Comprehensive Income | $10.71 Million | +14.87% |
| Other Changes | $-10.68 Million | -14.84% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Trinity Biotech plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $50.54 | $7.27 | x |
| 1994-12-31 | $15.57 | $7.27 | x |
| 1995-12-31 | $100.88 | $7.27 | x |
| 1996-12-31 | $142.58 | $7.27 | x |
| 1997-12-31 | $1.28 | $7.27 | x |
| 1998-12-31 | $196.39 | $7.27 | x |
| 1999-12-31 | $308.76 | $7.27 | x |
| 2000-12-31 | $22.28 | $7.27 | x |
| 2001-12-31 | $667.88 | $7.27 | x |
| 2002-12-31 | $24.67 | $7.27 | x |
| 2003-12-31 | $797.50 | $7.27 | x |
| 2004-12-31 | $878.05 | $7.27 | x |
| 2005-12-31 | $1366.56 | $7.27 | x |
| 2006-12-31 | $1531.72 | $7.27 | x |
| 2007-12-31 | $1079.84 | $7.27 | x |
| 2008-12-31 | $485.82 | $7.27 | x |
| 2009-12-31 | $568.52 | $7.27 | x |
| 2010-12-31 | $1000.45 | $7.27 | x |
| 2011-12-31 | $1066.08 | $7.27 | x |
| 2012-12-31 | $7.55 | $7.27 | x |
| 2013-12-31 | $7.81 | $7.27 | x |
| 2014-12-31 | $8.30 | $7.27 | x |
| 2015-12-31 | $1170.59 | $7.27 | x |
| 2016-12-31 | $19.21 | $7.27 | x |
| 2017-12-31 | $12.13 | $7.27 | x |
| 2018-12-31 | $8.51 | $7.27 | x |
| 2019-12-31 | $0.93 | $7.27 | x |
| 2020-12-31 | $-15.92 | $7.27 | x |
| 2021-12-31 | $-1.80 | $7.27 | x |
| 2022-12-31 | $-8.40 | $7.27 | x |
| 2023-12-31 | $-93.86 | $7.27 | x |
| 2024-12-31 | $-58.77 | $7.27 | x |
| 2025-12-31 | $-116.25 | $7.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trinity Biotech plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -85.36%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -141.67% | -141.67% | 0.49x | 2.04x | $-3.64 Million |
| 1994 | -253.85% | -63.46% | 1.68x | 2.38x | $-3.43 Million |
| 1995 | -10.67% | -8.08% | 1.08x | 1.23x | $-1.55 Million |
| 1996 | -8.49% | -12.50% | 0.54x | 1.26x | $-1.96 Million |
| 1997 | 16.90% | 7.14% | 0.68x | 3.46x | $490.00K |
| 1998 | 17.81% | 11.21% | 0.52x | 3.08x | $1.14 Million |
| 1999 | 21.42% | 18.83% | 0.58x | 1.96x | $2.62 Million |
| 2000 | 8.76% | 16.22% | 0.44x | 1.22x | $-680.80K |
| 2001 | 2.58% | 3.91% | 0.48x | 1.37x | $-4.17 Million |
| 2002 | 7.96% | 9.64% | 0.58x | 1.42x | $-1.28 Million |
| 2003 | 7.22% | 8.83% | 0.56x | 1.47x | $-2.23 Million |
| 2004 | 4.45% | 6.46% | 0.53x | 1.30x | $-6.45 Million |
| 2005 | 3.95% | 5.36% | 0.53x | 1.38x | $-8.08 Million |
| 2006 | 1.96% | 2.76% | 0.48x | 1.49x | $-13.45 Million |
| 2007 | -25.85% | -24.63% | 0.66x | 1.58x | $-49.06 Million |
| 2008 | -118.02% | -55.50% | 1.08x | 1.97x | $-84.37 Million |
| 2009 | 14.90% | 9.39% | 0.95x | 1.67x | $3.89 Million |
| 2010 | 42.76% | 67.40% | 0.56x | 1.14x | $46.29 Million |
| 2011 | 10.30% | 20.00% | 0.45x | 1.13x | $459.80K |
| 2012 | 10.24% | 21.02% | 0.42x | 1.17x | $403.00K |
| 2013 | 5.65% | 11.33% | 0.40x | 1.24x | $-7.96 Million |
| 2014 | 8.74% | 16.41% | 0.43x | 1.23x | $-2.48 Million |
| 2015 | 10.19% | 21.75% | 0.28x | 1.68x | $407.20K |
| 2016 | -92.55% | -101.02% | 0.40x | 2.30x | $-111.50 Million |
| 2017 | -61.77% | -40.62% | 0.51x | 2.95x | $-46.79 Million |
| 2018 | 5.43% | 2.46% | 0.64x | 3.43x | $-2.02 Million |
| 2019 | -86.27% | -4.50% | 0.69x | 27.81x | $-4.54 Million |
| 2020 | 0.00% | -6.26% | 0.78x | 0.00x | $-6.17 Million |
| 2021 | 0.00% | 1.08% | 0.68x | 0.00x | $906.90K |
| 2022 | 0.00% | -65.58% | 0.68x | 0.00x | $-40.78 Million |
| 2023 | 0.00% | -42.26% | 0.96x | 0.00x | $-21.62 Million |
| 2024 | 0.00% | -51.64% | 0.60x | 0.00x | $-28.27 Million |
| 2025 | 0.00% | -85.36% | 0.42x | 0.00x | $-30.18 Million |
Industry Comparison
This section compares Trinity Biotech plc's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $638,670,729
- Average return on equity (ROE) among peers: -85.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trinity Biotech plc (TRIB) | $-71.98 Million | -141.67% | N/A | $5.91 Million |
| Abbott Laboratories (ABT) | $4.40 Billion | 38.41% | 1.14x | $177.76 Billion |
| Adagio Medical Holdings, Inc Common Stock (ADGM) | $12.40 Million | -202.26% | 2.49x | $11.55 Million |
| Aethlon Medical Inc (AEMD) | $-9.30 Million | 0.00% | 0.00x | $1.11 Million |
| Acutus Medical Inc (AFIB) | $-131.82 Million | 0.00% | 0.00x | $903.35K |
| Adapthealth Corp (AHCO) | $2.07 Billion | 7.56% | 1.54x | $780.04 Million |
| 20/20 Biolabs, Inc. Common Stock (AIDX) | $1.53 Million | -361.86% | 1.36x | $4.88 Million |
| Allurion Technologies, Inc. (ALUR) | $-32.31 Million | 0.00% | 0.00x | $1.19 Million |
| Autonomix Medical, Inc. Common Stock (AMIX) | $644.00K | -309.01% | 0.34x | $4.16 Million |
| Artivion Inc (AORT) | $79.80 Million | -34.79% | 0.33x | $1.16 Billion |
| Apyx Medical Inc (APYX) | $2.22 Million | 4.46% | 0.72x | $127.64 Million |
About Trinity Biotech plc
Trinity Biotech plc, 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; sexually tr… Read more