Trinity Biotech (TRIB) Tax Provisions (2009 - 2024)

Trinity Biotech (TRIB) posted quarterly Tax Provisions of -$585000.0 for Q4 2024, down 19600.0% year-on-year from N/an in Q1 2024, and down 1771.43% on a QoQ basis from $35000.0 in Q3 2024.

Trinity Biotech (TRIB) Tax Provisions (2009 - 2024) Analysis & Trends

Trinity Biotech (TRIB) has reported Tax Provisions for 16 consecutive years, with -$585000.0 the latest figure, recorded in Q4 2024.

  • Quarterly Tax Provisions fell 19600.0% year-over-year to -$585000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$486000.0 (down 923.73% YoY) and the FY2025 annual result came in at $199000.0, down 59.05% from the prior year.
  • Tax Provisions declined to -$585000.0 in Q4 2024 per TRIB's latest filing, from $35000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for TRIB reached as high as $1.2 million in Q4 2021 and fell as low as -$655000.0 in Q2 2021.
  • A 5-year average of $6550.0 and a median of $3000.0 in 2022 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2023 — Tax Provisions surged 734.38% — and 2024, when it sank 19600.0%.
  • Year by year, Tax Provisions stood at $730000.0 in 2020, then jumped by 62.88% to $1.2 million in 2021, then sank by 98.91% to $13000.0 in 2022, then tumbled by 76.92% to $3000.0 in 2023, then plunged by 19600.0% to -$585000.0 in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$585000.0, $35000.0, and $131000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 372.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 105.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 575.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -176.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 78.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 70.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -51.51 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 94.00 Mn
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 -585,000.00
Sep 30, 2024 35,000.00
Jun 30, 2024 131,000.00
Mar 31, 2024 -67,000.00
Dec 31, 2023 3,000.00
Sep 30, 2023 -222,000.00
Jun 30, 2023 267,000.00
Mar 31, 2023 11,000.00
Dec 31, 2022 13,000.00
Sep 30, 2022 3,000.00
Jun 30, 2022 32,000.00
Mar 31, 2022 150,000.00
Dec 31, 2021 1.19 Mn
Sep 30, 2021 -251,000.00
Jun 30, 2021 -655,000.00
Mar 31, 2021 -105,000.00
Dec 31, 2020 730,000.00
Sep 30, 2020 -387,000.00
Jun 30, 2020 -32,000.00
Mar 31, 2020 -129,000.00