Trinity Biotech (TRIB) Beginning Cash Balance (2009 - 2024)
Trinity Biotech (TRIB) posted Beginning Cash Balance of $2.84 million for the quarter ended Dec 31, 2024, down 54.6% from $6.26 million a year earlier and down 46.6% from the prior quarter.
Trinity Biotech (TRIB) Beginning Cash Balance (2009 - 2024) Analysis & Trends
For the year ended Dec 31, 2024, Trinity Biotech's Beginning Cash Balance came in at $3.69 million, down 43.9% from the prior year.
- Annual Beginning Cash Balance has declined for three consecutive years, with a five-year compound annual growth rate of -34.4% (years ended Dec 2019 to Dec 2024).
- In prior years, Trinity Biotech's Beginning Cash Balance was $6.58 million in the year ended Dec 31, 2023 (-74.6%), $25.91 million in the year ended Dec 31, 2022 (-5.2%), $27.33 million in the year ended Dec 31, 2021 (+66.6%) and $16.4 million in the year ended Dec 31, 2020 (-45.8%).
- The figure for the quarter ended Dec 31, 2024 stands as the lowest quarterly Beginning Cash Balance since the quarter ended Jun 30, 2009.
- On a year-over-year basis, Beginning Cash Balance increased in 1 of the last seven quarters, with an average decline of 38.4%.
- The strongest year-over-year quarter for Beginning Cash Balance in the past five years was the quarter ended Jun 30, 2021, with growth of 143.7%; the weakest was the quarter ended Mar 31, 2023, with a decline of 74.6%.
- According to Business Quant data, Beginning Cash Balance for the three prior quarters was $5.32 million (quarter ended Sep 30, 2024), $5.78 million (quarter ended Jun 30, 2024) and $3.69 million (quarter ended Mar 31, 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Trinity Biotech | 4.02 Mn | 4.02 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 5.32 Mn |
| Jun 30, 2024 | 5.78 Mn |
| Mar 31, 2024 | 3.69 Mn |
| Dec 31, 2023 | 6.26 Mn |
| Sep 30, 2023 | 14.23 Mn |
| Jun 30, 2023 | 4.15 Mn |
| Mar 31, 2023 | 6.58 Mn |
| Dec 31, 2022 | 7.25 Mn |
| Jun 30, 2022 | 10.01 Mn |
| Mar 31, 2022 | 25.91 Mn |
| Dec 31, 2021 | 27.48 Mn |
| Sep 30, 2021 | 28.62 Mn |
| Jun 30, 2021 | 32.28 Mn |
| Mar 31, 2021 | 27.33 Mn |
| Dec 31, 2020 | 19.91 Mn |
| Sep 30, 2020 | 15.57 Mn |
| Jun 30, 2020 | 13.24 Mn |
| Mar 31, 2020 | 16.40 Mn |
| Dec 31, 2019 | 25.09 Mn |
Trinity Biotech Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=TRIB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "TRIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=TRIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();