Trinity Biotech (TRIB) Asset Utilization Ratio (2009 - 2024)
Trinity Biotech (TRIB) posted quarterly Asset Utilization Ratio of 0.61 for Q4 2024, down 33.61% year-on-year from 0.92 in Q1 2024, and down 0.53% on a QoQ basis from 0.62 in Q3 2024.
Trinity Biotech (TRIB) Asset Utilization Ratio (2009 - 2024) Analysis & Trends
Trinity Biotech (TRIB) has reported Asset Utilization Ratio for 16 consecutive years, with 0.61 the latest figure, recorded in Q4 2024.
- Quarterly Asset Utilization Ratio fell 33.61% year-over-year to 0.61 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.61 (down 33.61% YoY) and the FY2025 annual result came in at 0.42, down 44.47% from the prior year.
- Asset Utilization Ratio declined to 0.61 in Q4 2024 per TRIB's latest filing, from 0.62 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for TRIB reached as high as 0.92 in Q4 2023 and fell as low as 0.61 in Q4 2024.
- A 5-year average of 0.73 and a median of 0.71 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 40.38% — and 2024, when it slumped 33.61%.
- Year by year, Asset Utilization Ratio stood at 0.77 in 2020, then climbed by 0.51% to 0.77 in 2021, then declined by 14.46% to 0.66 in 2022, then jumped by 40.38% to 0.92 in 2023, then sank by 33.61% to 0.61 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.61, 0.62, and 0.64 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 0.74 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.65 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.57 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Trinity Biotech | 93,750.00 | -5.04 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.76 |
| Dec 31, 2023 | 0.92 |
| Sep 30, 2023 | 0.87 |
| Jun 30, 2023 | 0.74 |
| Mar 31, 2023 | 0.67 |
| Dec 31, 2022 | 0.66 |
| Sep 30, 2022 | 0.65 |
| Jun 30, 2022 | 0.68 |
| Mar 31, 2022 | 0.74 |
| Dec 31, 2021 | 0.77 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.89 |
| Mar 31, 2021 | 0.80 |
| Dec 31, 2020 | 0.77 |
| Sep 30, 2020 | 0.68 |
| Jun 30, 2020 | 0.64 |
| Mar 31, 2020 | 0.69 |