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
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