Trinity Biotech plc (TRIB) - Net Assets

Latest as of September 2025: $-54.72 Million USD

Based on the latest financial reports, Trinity Biotech plc (TRIB) has net assets worth $-54.72 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($103.71 Million) and total liabilities ($158.43 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) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$-54.72 Million
% of Total Assets	-52.76%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-116.45%
Growth Volatility	106.18

Trinity Biotech plc - Net Assets Trend (1993–2024)

This chart illustrates how Trinity Biotech plc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Trinity Biotech plc's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Trinity Biotech plc (1993–2024)

The table below shows the annual net assets of Trinity Biotech plc from 1993 to 2024. For live valuation and market cap data, see TRIB market cap overview.

Year	Net Assets	Change
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 7501700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	$4.19 Million	%
Other Comprehensive Income	$-5.44 Million	%
Other Components	$45.18 Million	%
Total Equity	$-35.18 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
Paratech Company Limited KQ:033540	$11.37 Million
Paos Holdings Bhd KLSE:5022	$11.37 Million
Binasat Communications Bhd KLSE:0195	$11.38 Million
O.R.T. TA:ORTC	$11.38 Million
Ostasiatiske Kompagni A/S CO:OKEAC	$11.37 Million
Multi Prima Sejahtera Tbk JK:LPIN	$11.36 Million
Dromeas SA AT:DROME	$11.35 Million
Connexion Mobility Ltd AU:CXZ	$11.35 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 2023 to 2024, total equity changed from -23,949,000 to -35,181,000, a change of -11,232,000.
Net loss of 31,789,000 reduced equity.
New share issuances of 7,391,000 increased equity.
Other comprehensive income decreased equity by 6,464,000.
Other factors increased equity by 19,630,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	$-31.79 Million	-90.36%
Share Issuances	$7.39 Million	+21.01%
Other Comprehensive Income	$-6.46 Million	-18.37%
Other Changes	$19.63 Million	+55.8%
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	$1.68	$0.61	x
1994-12-31	$0.52	$0.61	x
1995-12-31	$3.36	$0.61	x
1996-12-31	$4.75	$0.61	x
1997-12-31	$1.28	$0.61	x
1998-12-31	$6.55	$0.61	x
1999-12-31	$10.29	$0.61	x
2000-12-31	$22.15	$0.61	x
2001-12-31	$22.26	$0.61	x
2002-12-31	$24.54	$0.61	x
2003-12-31	$26.58	$0.61	x
2004-12-31	$29.27	$0.61	x
2005-12-31	$45.55	$0.61	x
2006-12-31	$51.06	$0.61	x
2007-12-31	$35.99	$0.61	x
2008-12-31	$16.19	$0.61	x
2009-12-31	$18.95	$0.61	x
2010-12-31	$33.35	$0.61	x
2011-12-31	$35.54	$0.61	x
2012-12-31	$7.55	$0.61	x
2013-12-31	$7.81	$0.61	x
2014-12-31	$8.30	$0.61	x
2015-12-31	$39.02	$0.61	x
2016-12-31	$19.21	$0.61	x
2017-12-31	$12.13	$0.61	x
2018-12-31	$8.51	$0.61	x
2019-12-31	$0.93	$0.61	x
2020-12-31	$-0.53	$0.61	x
2021-12-31	$-0.06	$0.61	x
2022-12-31	$-0.28	$0.61	x
2023-12-31	$-3.13	$0.61	x
2024-12-31	$-1.96	$0.61	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: -51.64%
• Asset Turnover: 0.60x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-18.68%), 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	8.81%	16.22%	0.44x	1.23x	$-649.81K
2001	2.58%	3.91%	0.48x	1.37x	$-4.17 Million
2002	8.00%	9.64%	0.58x	1.43x	$-1.25 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

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: $2,432,799,891
Average return on equity (ROE) among peers: -74.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Trinity Biotech plc (TRIB)	$-54.72 Million	-141.67%	N/A	$11.37 Million
Abbott Laboratories (ABT)	$24.16 Billion	9.46%	0.81x	$155.56 Billion
Adagio Medical Holdings, Inc Common Stock (ADGM)	$-13.54K	0.00%	0.00x	$21.60 Million
Aethlon Medical Inc (AEMD)	$9.29 Million	-84.45%	0.15x	$2.79 Million
Acutus Medical Inc (AFIB)	$105.73 Million	-116.68%	0.61x	$903.35K
Adapthealth Corp (AHCO)	$15.14 Million	-140.98%	14.05x	$1.39 Billion
20/20 Biolabs, Inc. Common Stock (AIDX)	$2.15 Million	-112.84%	0.45x	$16.04 Million
Allurion Technologies, Inc. (ALUR)	$-70.49 Million	0.00%	0.00x	$8.60 Million
Autonomix Medical, Inc. Common Stock (AMIX)	$644.00K	-309.01%	0.34x	$4.22 Million
Artivion Inc (AORT)	$89.39 Million	8.74%	0.25x	$1.73 Billion
Apyx Medical Inc (APYX)	$21.15 Million	2.82%	0.30x	$125.55 Million

About Trinity Biotech plc

NASDAQ:TRIB USA Medical Devices

Market Cap

$11.37 Million

Market Cap Rank

#26555 Global

#5297 in USA

Share Price

$0.61

Change (1 day)

+1.67%

52-Week Range

$0.54 - $1.91

All Time High

$67.65