Trinity Stock Based Compensation vs Depreciation Analysis

TRIB Stock

USD 1.12 0.01 0.88%

Trinity Biotech financial indicator trend analysis is much more than just breaking down Trinity Biotech plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trinity Biotech plc is a good investment. Please check the relationship between Trinity Biotech Stock Based Compensation and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Biotech plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinity Biotech plc Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Trinity Biotech's Stock Based Compensation and Depreciation is -0.18. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Trinity Biotech plc, assuming nothing else is changed. The correlation between historical values of Trinity Biotech's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Trinity Biotech plc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Trinity Biotech's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Trinity Biotech plc value has been used up. For tax purposes Trinity Biotech can deduct the cost of the tangible assets it purchases as business expenses. However, Trinity Biotech plc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Trinity Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trinity Biotech plc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Biotech plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

As of November 27, 2024, Selling General Administrative is expected to decline to about 23.8 M. In addition to that, Discontinued Operations is expected to decline to about (65.2 K)

	2021	2022	2023	2024 (projected)
Total Revenue	93.0M	74.8M	56.8M	78.6M
Depreciation And Amortization	2.7M	2.3M	1.8M	1.7M

Total Revenue Depreciation And Amortization

Trinity Biotech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.55	-0.03	0.01	0.86	0.92	-0.44	0.86	0.81	0.76	0.94	0.87	0.76	0.72	0.37	0.35	0.68	-0.05	-0.41	0.33	0.85	-0.07	0.94	0.46	-0.47	0.01
Short Long Term Debt Total	0.55		0.22	0.36	0.22	0.54	0.25	0.25	0.58	0.22	0.54	0.44	0.22	0.54	0.38	0.51	0.8	-0.09	-0.3	0.64	0.41	0.26	0.54	0.67	-0.12	0.28
Other Current Liab	-0.03	0.22		0.21	0.13	0.11	-0.07	0.13	-0.24	-0.37	0.15	0.13	-0.37	-0.03	0.68	-0.42	0.02	-0.15	-0.03	-0.3	-0.3	0.31	0.11	0.26	0.37	0.35
Total Current Liabilities	0.01	0.36	0.21		-0.19	0.01	0.37	-0.12	-0.08	-0.03	-0.03	-0.16	-0.03	0.06	-0.09	-0.1	0.33	-0.07	-0.31	0.37	0.07	0.96	-0.04	0.27	0.41	0.08
Total Stockholder Equity	0.86	0.22	0.13	-0.19		0.82	-0.8	0.99	0.66	0.64	0.87	0.91	0.64	0.5	0.61	-0.12	0.31	-0.02	-0.4	-0.2	0.63	-0.14	0.85	0.16	-0.54	-0.19
Property Plant And Equipment Net	0.92	0.54	0.11	0.01	0.82		-0.37	0.83	0.73	0.54	0.96	0.76	0.54	0.66	0.44	0.28	0.63	0.1	-0.33	0.26	0.65	-0.04	0.94	0.37	-0.43	-0.02
Net Debt	-0.44	0.25	-0.07	0.37	-0.8	-0.37		-0.79	-0.26	-0.52	-0.42	-0.62	-0.52	-0.04	-0.5	0.49	0.24	0.01	0.35	0.63	-0.33	0.22	-0.39	0.23	0.5	0.35
Retained Earnings	0.86	0.25	0.13	-0.12	0.99	0.83	-0.79		0.65	0.65	0.86	0.88	0.65	0.51	0.59	-0.13	0.32	0.01	-0.49	-0.18	0.64	-0.07	0.83	0.15	-0.58	-0.24
Accounts Payable	0.81	0.58	-0.24	-0.08	0.66	0.73	-0.26	0.65		0.52	0.78	0.81	0.52	0.74	0.34	0.42	0.71	0.02	-0.34	0.36	0.66	-0.17	0.77	0.44	-0.59	-0.03
Cash	0.76	0.22	-0.37	-0.03	0.64	0.54	-0.52	0.65	0.52		0.53	0.58	1.0	0.42	-0.03	0.31	0.33	-0.13	-0.49	0.28	0.92	-0.12	0.53	0.21	-0.46	-0.12
Non Current Assets Total	0.94	0.54	0.15	-0.03	0.87	0.96	-0.42	0.86	0.78	0.53		0.88	0.53	0.65	0.55	0.22	0.62	-0.02	-0.29	0.19	0.64	-0.06	0.99	0.38	-0.41	-0.01
Non Currrent Assets Other	0.87	0.44	0.13	-0.16	0.91	0.76	-0.62	0.88	0.81	0.58	0.88		0.58	0.59	0.66	0.05	0.49	-0.15	-0.38	-0.03	0.64	-0.16	0.88	0.32	-0.52	-0.08
Cash And Short Term Investments	0.76	0.22	-0.37	-0.03	0.64	0.54	-0.52	0.65	0.52	1.0	0.53	0.58		0.42	-0.03	0.31	0.33	-0.13	-0.49	0.28	0.92	-0.12	0.53	0.21	-0.46	-0.12
Net Receivables	0.72	0.54	-0.03	0.06	0.5	0.66	-0.04	0.51	0.74	0.42	0.65	0.59	0.42		0.21	0.46	0.88	0.2	-0.2	0.46	0.7	-0.11	0.63	0.68	-0.35	0.17
Common Stock Shares Outstanding	0.37	0.38	0.68	-0.09	0.61	0.44	-0.5	0.59	0.34	-0.03	0.55	0.66	-0.03	0.21		-0.4	0.19	-0.05	-0.1	-0.42	0.04	0.04	0.52	0.23	-0.11	0.08
Non Current Liabilities Total	0.35	0.51	-0.42	-0.1	-0.12	0.28	0.49	-0.13	0.42	0.31	0.22	0.05	0.31	0.46	-0.4		0.6	-0.02	0.06	0.89	0.45	-0.33	0.25	0.49	-0.13	0.36
Inventory	0.68	0.8	0.02	0.33	0.31	0.63	0.24	0.32	0.71	0.33	0.62	0.49	0.33	0.88	0.19	0.6		0.02	-0.15	0.71	0.65	0.13	0.63	0.79	-0.09	0.33
Other Current Assets	-0.05	-0.09	-0.15	-0.07	-0.02	0.1	0.01	0.01	0.02	-0.13	-0.02	-0.15	-0.13	0.2	-0.05	-0.02	0.02		0.36	-0.05	-0.07	-0.05	-0.05	0.04	-0.05	0.01
Other Stockholder Equity	-0.41	-0.3	-0.03	-0.31	-0.4	-0.33	0.35	-0.49	-0.34	-0.49	-0.29	-0.38	-0.49	-0.2	-0.1	0.06	-0.15	0.36		-0.09	-0.37	-0.34	-0.24	-0.04	0.58	0.36
Total Liab	0.33	0.64	-0.3	0.37	-0.2	0.26	0.63	-0.18	0.36	0.28	0.19	-0.03	0.28	0.46	-0.42	0.89	0.71	-0.05	-0.09		0.45	0.13	0.22	0.58	0.07	0.37
Total Current Assets	0.85	0.41	-0.3	0.07	0.63	0.65	-0.33	0.64	0.66	0.92	0.64	0.64	0.92	0.7	0.04	0.45	0.65	-0.07	-0.37	0.45		-0.1	0.64	0.45	-0.38	0.01
Short Term Debt	-0.07	0.26	0.31	0.96	-0.14	-0.04	0.22	-0.07	-0.17	-0.12	-0.06	-0.16	-0.12	-0.11	0.04	-0.33	0.13	-0.05	-0.34	0.13	-0.1		-0.08	0.12	0.38	-0.02
Intangible Assets	0.94	0.54	0.11	-0.04	0.85	0.94	-0.39	0.83	0.77	0.53	0.99	0.88	0.53	0.63	0.52	0.25	0.63	-0.05	-0.24	0.22	0.64	-0.08		0.39	-0.38	0.01
Common Stock Total Equity	0.46	0.67	0.26	0.27	0.16	0.37	0.23	0.15	0.44	0.21	0.38	0.32	0.21	0.68	0.23	0.49	0.79	0.04	-0.04	0.58	0.45	0.12	0.39		0.2	0.77
Property Plant And Equipment Gross	-0.47	-0.12	0.37	0.41	-0.54	-0.43	0.5	-0.58	-0.59	-0.46	-0.41	-0.52	-0.46	-0.35	-0.11	-0.13	-0.09	-0.05	0.58	0.07	-0.38	0.38	-0.38	0.2		0.58
Common Stock	0.01	0.28	0.35	0.08	-0.19	-0.02	0.35	-0.24	-0.03	-0.12	-0.01	-0.08	-0.12	0.17	0.08	0.36	0.33	0.01	0.36	0.37	0.01	-0.02	0.01	0.77	0.58

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Trinity Biotech Account Relationship Matchups

Trinity Biotech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	131.1M	130.4M	118.9M	92.1M	59.4M	56.5M
Short Long Term Debt Total	102.2M	104.3M	99.2M	58.3M	67.4M	42.8M
Other Current Liab	(2.6M)	9.6M	7.9M	9.1M	8.9M	4.7M
Total Current Liabilities	19.4M	27.1M	100.5M	17.3M	15.0M	22.6M
Total Stockholder Equity	4.7M	(2.2M)	(319K)	(2.2M)	(23.9M)	(22.8M)
Property Plant And Equipment Net	9.3M	8.5M	5.9M	5.7M	1.9M	1.8M
Net Debt	65.6M	77.0M	73.2M	51.7M	63.7M	66.9M
Retained Earnings	11.5M	10.6M	12.6M	(26.7M)	(48.6M)	(46.2M)
Accounts Payable	19.4M	7.1M	6.8M	6.2M	3.9M	3.7M
Cash	16.4M	27.3M	25.9M	6.6M	3.7M	3.5M
Non Current Assets Total	59.7M	47.1M	46.2M	45.4M	20.4M	19.4M
Non Currrent Assets Other	82K	64K	56K	55K	43K	40.9K
Cash And Short Term Investments	16.4M	27.3M	25.9M	6.6M	3.7M	3.5M
Net Receivables	23.0M	24.6M	15.7M	13.4M	13.4M	18.1M
Common Stock Shares Outstanding	5.1M	4.2M	5.3M	7.8M	7.7M	6.8M
Liabilities And Stockholders Equity	131.1M	130.4M	118.9M	92.1M	59.4M	56.5M
Non Current Liabilities Total	106.9M	105.6M	18.7M	76.9M	68.3M	39.2M
Inventory	32.0M	30.2M	29.1M	22.5M	19.9M	25.5M
Other Current Assets	23.0M	1.2M	1.9M	4.1M	2.0M	3.9M
Total Liab	126.4M	132.6M	119.2M	94.3M	83.4M	61.7M
Total Current Assets	71.4M	83.3M	72.7M	46.7M	39.0M	69.5M
Short Term Debt	2.4M	5.1M	85.3M	1.9M	1.9M	1.8M
Intangible Assets	31.1M	21.3M	23.4M	22.7M	16.3M	15.5M
Property Plant And Equipment Gross	9.3M	8.5M	63.5M	65.6M	66.1M	69.4M
Accumulated Other Comprehensive Income	(24.2M)	(5.3M)	(5.4M)	(5.7M)	1.0M	1.1M
Long Term Debt	81.4M	82.0M	83.9M	58.0M	54.7M	44.0M
Property Plant Equipment	5.4M	9.3M	8.5M	5.9M	5.3M	9.6M
Other Liab	8.1M	7.1M	6.3M	4.9M	5.6M	6.2M
Current Deferred Revenue	292K	4.4M	141K	114K	50K	47.5K
Other Assets	33.0M	29.5M	18.1M	4.3M	5.0M	4.7M
Net Tangible Assets	17.4M	(16.2M)	(22.6M)	(36.3M)	(32.7M)	(31.0M)
Deferred Long Term Liab	26.3M	22.8M	13.4M	17.7M	15.9M	15.1M

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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:

How To Invest In Trinity

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Is Trinity Stock a good investment?

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What is Trinity Biotech's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Biotech plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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. All the valuation information about Trinity Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.77)

Earnings Share

(2.25)

Revenue Per Share

6.968

Quarterly Revenue Growth

0.14

Return On Assets

(0.1)

The market value of Trinity Biotech plc is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Biotech's value that differs from its market value or its book value, called intrinsic value, which is Trinity Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Biotech's market value can be influenced by many factors that don't directly affect Trinity Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.

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Trinity Stock Based Compensation vs Depreciation Analysis

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Depreciation

Trinity Biotech fundamental ratios Correlations

Trinity Biotech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trinity Biotech fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Non Current Assets Total
Short Term Debt	+ 0.96	Total Current Liabilities
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Total Assets

Net Debt	- 0.8	Total Stockholder Equity
Retained Earnings	- 0.79	Net Debt
Non Currrent Assets Other	- 0.62	Net Debt
Property Plant And Equipment Gross	- 0.59	Accounts Payable
Property Plant And Equipment Gross	- 0.58	Retained Earnings
Property Plant And Equipment Gross	- 0.54	Total Stockholder Equity