Trinity Change To Inventory from 2010 to 2026

TRIB Stock  USD 0.82  0.05  5.75%   
Trinity Biotech's Change To Inventory is increasing over the years with stable fluctuation. Change To Inventory is expected to dwindle to about -1.6 M. Change To Inventory is the increase or decrease in the amount of inventory Trinity Biotech plc has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2004-09-30
Previous Quarter
-877 K
Current Value
-877 K
Quarterly Volatility
4.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Trinity Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trinity Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Total Revenue of 78.3 M or Gross Profit of 35 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0019 or Days Sales Outstanding of 90.37. Trinity financial statements analysis is a perfect complement when working with Trinity Biotech Valuation or Volatility modules.
  
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Check out the analysis of Trinity Biotech Correlation against competitors.
Analyzing Trinity Biotech's Change To Inventory over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Change To Inventory has evolved provides context for assessing Trinity Biotech's current valuation and future prospects.

Latest Trinity Biotech's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Trinity Biotech plc over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Trinity Biotech's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trinity Biotech's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Trinity Change To Inventory Regression Statistics

Arithmetic Mean(2,320,411)
Coefficient Of Variation(88.41)
Mean Deviation1,467,447
Median(2,336,000)
Standard Deviation2,051,473
Sample Variance4.2T
Range9.2M
R-Value0.18
Mean Square Error4.3T
R-Squared0.03
Significance0.50
Slope71,774
Total Sum of Squares67.3T

Trinity Change To Inventory History

2026-1.6 M
2025-1.6 M
2024-1.7 M
2023-971 K
2022-877 K
2021-4.4 M
2020-3.4 M

About Trinity Biotech Financial Statements

Trinity Biotech stakeholders use historical fundamental indicators, such as Trinity Biotech's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Trinity Biotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Trinity Biotech's assets and liabilities are reflected in the revenues and expenses on Trinity Biotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Trinity Biotech plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-1.6 M-1.6 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Trinity Biotech plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trinity Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trinity Biotech Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trinity Biotech Plc Stock:
Check out the analysis of Trinity Biotech Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Biotech. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Trinity Biotech assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.77)
Earnings Share
(1.80)
Revenue Per Share
3.427
Quarterly Revenue Growth
0.181
Return On Assets
(0.11)
Trinity Biotech plc's market price often diverges from its book value, the accounting figure shown on Trinity's balance sheet. Smart investors calculate Trinity Biotech's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Trinity Biotech's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Trinity Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.