Trinity Biotech TRIB
NASDAQ TRIB
$10.55 -0.46 (-4.18%)
As of: Aug 20, 2026 · 3:57 PM EDT

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
DateValue
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