Trinity Biotech Debt-to-Equity Ratio Growth & History (TRIB)

Trinity Biotech's debt-to-equity ratio was 0.22 for fiscal 2019.

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Trinity Biotech annual debt-to-equity ratio history

Trinity Biotech annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20192019-12-310.22−2.05−90.25%
20182018-12-312.272.25+14088.40%
20172017-12-310.020.01+66.77%
20162016-12-310.010.01+204886.31%
20152015-12-310.00

Trinity Biotech debt-to-equity ratio trends

Between the periods ended 2015-12-31 and 2019-12-31, Trinity Biotech's debt-to-equity ratio increased from 0.00 to 0.22, a change of 0.22. The latest reported quarter, Q2 2022, shows 0.93.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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