Trinity Biotech plc (TRIB) — Tangible Net Worth Ratio
Trinity Biotech plc (TRIB) has a Tangible Net Worth Ratio of -144.9% as of June 2022. This metric is calculated by deducting intangible assets ($38.74 Million) from net assets ($15.82 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Trinity Biotech plc (TRIB) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Trinity Biotech plc Tangible Net Worth Ratio (1993–2019)
This chart shows how Trinity Biotech plc's Tangible Net Worth Ratio has changed across 27 annual periods from 1993 to 2019. As of June 2022, the ratio stands at -144.9%, reflecting net assets of $15.82 Million with intangible assets of $38.74 Million USD. See how many days can Trinity Biotech plc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Trinity Biotech plc (1993–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Trinity Biotech plc from 1993 to 2019, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TRIB market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | -559.1% | $4.71 Million | $31.06 Million | $131.07 Million | ▼ -575.5 pp |
| 2018 | 16.4% | $44.05 Million | $36.81 Million | $151.24 Million | ▼ -11.7 pp |
| 2017 | 28.1% | $65.20 Million | $46.86 Million | $192.62 Million | ▼ -15.3 pp |
| 2016 | 43.4% | $108.73 Million | $61.50 Million | $249.59 Million | ▼ -5.8 pp |
| 2015 | 49.2% | $213.89 Million | $108.67 Million | $358.96 Million | ▼ -4.1 pp |
| 2014 | 53.3% | $196.97 Million | $91.92 Million | $242.84 Million | ▼ -5.5 pp |
| 2013 | 58.9% | $183.01 Million | $75.30 Million | $226.49 Million | ▼ -13.8 pp |
| 2012 | 72.7% | $169.38 Million | $46.30 Million | $197.41 Million | ▼ -10.3 pp |
| 2011 | 83.0% | $151.33 Million | $25.76 Million | $171.50 Million | ▼ -3.3 pp |
| 2010 | 86.3% | $141.29 Million | $19.42 Million | $160.87 Million | ▲ +17.5 pp |
| 2009 | 68.8% | $79.34 Million | $24.77 Million | $132.44 Million | ▼ -3.2 pp |
| 2008 | 72.0% | $65.91 Million | $18.47 Million | $129.51 Million | ▲ +16.1 pp |
| 2007 | 55.8% | $136.84 Million | $60.44 Million | $215.98 Million | ▼ -17.2 pp |
| 2006 | 73.0% | $167.26 Million | $45.15 Million | $249.13 Million | ▲ +36.8 pp |
| 2005 | 36.2% | $133.62 Million | $85.20 Million | $184.60 Million | ▼ -13.9 pp |
| 2004 | 50.2% | $116.14 Million | $57.87 Million | $150.83 Million | ▼ -1.4 pp |
| 2003 | 51.6% | $80.26 Million | $38.85 Million | $118.09 Million | ▲ +14.6 pp |
| 2002 | 37.0% | $62.91 Million | $39.61 Million | $89.27 Million | ▲ +8.5 pp |
| 2001 | 28.5% | $56.53 Million | $40.40 Million | $77.03 Million | ▼ -10.1 pp |
| 2000 | 38.7% | $55.04 Million | $33.76 Million | $67.23 Million | ▲ +29.1 pp |
| 1999 | 9.5% | $22.72 Million | $20.56 Million | $45.04 Million | ▲ +32.1 pp |
| 1998 | -22.6% | $14.60 Million | $17.90 Million | $45.00 Million | ▼ -117.0 pp |
| 1997 | 94.4% | $7.10 Million | $400.00K | $24.60 Million | ▼ -5.6 pp |
| 1996 | 100.0% | $10.60 Million | $0.00 | $13.40 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $7.50 Million | $0.00 | $9.20 Million | ▲ +7.7 pp |
| 1994 | 92.3% | $1.30 Million | $100.00K | $3.10 Million | ▲ +47.1 pp |
| 1993 | 45.2% | $3.10 Million | $1.70 Million | $4.90 Million | — |