Trinity Biotech (TRIB)

[StockLogistics]

11% annual rate is more than 8 million a year in loan interest.

“ Quarter 3 2021 Results

Total revenues for Q3, 2021 were $22.0m, which compares to $32.0m in Q3, 2020, a decrease of $10.0m”

This company’s revenues could sustain that type of debt if its profit margin was very high and if it had no other expenses.

“ Operating profit for the quarter was $2.8m, which represents a decrease of $6.3m compared to Q3, 2020 and was attributable to lower revenues and gross margin offset slightly by lower indirect costs and higher other operating income.”