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 (TRIB) - Total Assets
Latest total assets as of September 2025: $103.71 Million USD
Based on the latest financial reports, Trinity Biotech plc (TRIB) holds total assets worth $103.71 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Trinity Biotech plc - Total Assets Trend (1993–2024)
This chart illustrates how Trinity Biotech plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trinity Biotech plc - Asset Composition Analysis
Current Asset Composition (December 2024)
Trinity Biotech plc's total assets of $103.71 Million consist of 39.8% current assets and 60.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $14.60 Million | 14.1% |
| Inventory | $19.37 Million | 18.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $37.50 Million | 36.3% |
| Goodwill | $13.84 Million | 13.4% |
Asset Composition Trend (1993–2024)
This chart illustrates how Trinity Biotech plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trinity Biotech plc's current assets represent 39.8% of total assets in 2024, a decrease from 46.9% in 1993.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2024, down from 18.4% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 49.0% of total assets, an increase from 34.0% in 1993.
- Asset Diversification: The largest asset category is intangible assets at 36.3% of total assets.
Trinity Biotech plc Competitors by Total Assets
Key competitors of Trinity Biotech plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cheelcare Inc.
V:CHER
|
Canada | CA$4.27 Million |
|
FluroTech Ltd
OTCQB:FLURF
|
USA | $282.20K |
|
DRGEM Corporation
KQ:263690
|
Korea | ₩119.28 Billion |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
Trinity Biotech plc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Trinity Biotech plc generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trinity Biotech plc is currently not profitable relative to its asset base.
Trinity Biotech plc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.03 | 1.64 | 3.13 |
| Quick Ratio | 0.47 | 0.87 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.02 Million | $ 18.02 Million | $ 49.27 Million |
Trinity Biotech plc - Advanced Valuation Insights
This section examines the relationship between Trinity Biotech plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.11 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 73.8% |
| Total Assets | $103.29 Million |
| Market Capitalization | $15.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Trinity Biotech plc's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Trinity Biotech plc's assets grew by 73.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trinity Biotech plc (1993–2024)
The table below shows the annual total assets of Trinity Biotech plc from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $103.29 Million | +73.79% |
| 2023-12-31 | $59.44 Million | -35.47% |
| 2022-12-31 | $92.10 Million | -22.53% |
| 2021-12-31 | $118.89 Million | -8.82% |
| 2020-12-31 | $130.40 Million | -0.51% |
| 2019-12-31 | $131.07 Million | -13.33% |
| 2018-12-31 | $151.24 Million | -21.48% |
| 2017-12-31 | $192.62 Million | -22.83% |
| 2016-12-31 | $249.59 Million | -30.47% |
| 2015-12-31 | $358.96 Million | +47.82% |
| 2014-12-31 | $242.84 Million | +7.22% |
| 2013-12-31 | $226.49 Million | +14.73% |
| 2012-12-31 | $197.41 Million | +15.11% |
| 2011-12-31 | $171.50 Million | +6.60% |
| 2010-12-31 | $160.87 Million | +21.46% |
| 2009-12-31 | $132.44 Million | +2.27% |
| 2008-12-31 | $129.51 Million | -40.04% |
| 2007-12-31 | $215.98 Million | -13.31% |
| 2006-12-31 | $249.13 Million | +34.96% |
| 2005-12-31 | $184.60 Million | +22.39% |
| 2004-12-31 | $150.83 Million | +27.72% |
| 2003-12-31 | $118.09 Million | +32.29% |
| 2002-12-31 | $89.27 Million | +15.89% |
| 2001-12-31 | $77.03 Million | +14.57% |
| 2000-12-31 | $67.23 Million | +49.26% |
| 1999-12-31 | $45.04 Million | +0.09% |
| 1998-12-31 | $45.00 Million | +82.93% |
| 1997-12-31 | $24.60 Million | +83.58% |
| 1996-12-31 | $13.40 Million | +45.65% |
| 1995-12-31 | $9.20 Million | +196.77% |
| 1994-12-31 | $3.10 Million | -36.73% |
| 1993-12-31 | $4.90 Million | -- |