Trinity Biotech (TRIB) Asset Utilization Ratio (2009 - 2024)
Trinity Biotech (TRIB) posted Asset Utilization Ratio of 0.61 for Q4 2024, down 0.53% sequentially from 0.62 in Q3 2024, and down 33.61% YoY from 0.92 in Q1 2024.
Trinity Biotech (TRIB) Asset Utilization Ratio (2009 - 2024) Analysis & Trends
Trinity Biotech has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.61 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 retreated to 0.61 in Q4 2024 per TRIB's latest filing, from 0.62 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.92 in Q4 2023 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio soared 40.38% in 2023, then slumped 33.61% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.77 in 2020, then rose by 0.51% to 0.77 in 2021, then decreased by 14.46% to 0.66 in 2022, then jumped by 40.38% to 0.92 in 2023, then plunged 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.56 |
| 10 | Trinity Biotech | 6.53 Mn | 1.39 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 |