T2 Biosystms Financials

TTOO Stock  USD 0.49  0.02  3.92%   
Based on the key indicators related to T2 Biosystms' liquidity, profitability, solvency, and operating efficiency, T2 Biosystms may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, T2 Biosystms' Cash is very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 11.6 M, while Short and Long Term Debt Total is likely to drop about 42 M. Key indicators impacting T2 Biosystms' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.430.4486
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for T2 Biosystms includes many different criteria found on its balance sheet. An individual investor should monitor T2 Biosystms' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in T2 Biosystms.

Net Income

(52.58 Million)

  
Understanding current and past T2 Biosystms Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of T2 Biosystms' financial statements are interrelated, with each one affecting the others. For example, an increase in T2 Biosystms' assets may result in an increase in income on the income statement.

T2 Biosystms Stock Summary

T2 Biosystms competes with Genetic Technologies, Intelligent Bio, BioAffinity Technologies,, Thermo Fisher, and Illumina. T2 Biosystems, Inc., an in vitro diagnostics company, develops diagnostic products and product candidates in the United States and internationally. T2 Biosystems, Inc. was incorporated in 2006 and is headquartered in Lexington, Massachusetts. T2 Biosystems operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 182 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS89853L1044
CUSIP89853L104 89853L203 89853L302
LocationMassachusetts; U.S.A
Business Address101 Hartwell Avenue,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.t2biosystems.com
Phone781 761 4646
CurrencyUSD - US Dollar

T2 Biosystms Key Financial Ratios

T2 Biosystms Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets28.5M79.1M60.5M34.4M34.8M43.7M
Other Current Liab13.6M6.4M7.2M6.0M9.9M6.8M
Other Liab46K4.8M4.6M4.9M5.6M5.9M
Net Debt33.7M39.0M34.9M48.9M33.8M35.5M
Retained Earnings(376.2M)(423.0M)(472.2M)(534.5M)(584.3M)(555.1M)
Accounts Payable3.8M2.1M2.8M1.3M1.5M1.6M
Cash11.0M16.8M22.2M10.3M15.7M28.6M
Other Current Assets1.4M2.7M3.1M2.6M3.3M1.7M
Total Liab62.5M70.4M73.4M74.4M62.8M50.8M
Total Current Assets18.9M53.6M44.4M19.4M25.2M35.3M
Short Term Debt42.9M1.2M1.2M2.7M44.5M46.7M
Common Stock49K147K166K8K4K3.8K
Net Tangible Assets(32.1M)8.7M(12.9M)(40.0M)(36.0M)(34.2M)
Net Receivables2.8M5.1M5.1M2.2M1.4M2.2M
Capital Surpluse267.4M328.5M342.1M431.5M496.3M308.8M
Inventory3.6M3.6M3.9M4.3M4.8M2.9M
Short Long Term Debt40.7M42.4M42.9M41.3M47.5M27.2M

T2 Biosystms Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense7.3M5.5M6.6M6.1M5.3M4.9M
Total Revenue8.3M18.1M28.1M22.3M7.2M9.8M
Gross Profit(8.4M)(3.2M)7.4M1.2M(8.2M)(7.8M)
Operating Income(52.1M)(41.4M)(43.0M)(55.5M)(49.7M)(52.1M)
Ebit(51.8M)(41.6M)(43.7M)(57.5M)(44.7M)(47.0M)
Research Development16.3M16.9M21.8M25.9M14.2M21.0M
Ebitda(51.7M)(38.5M)(41.1M)(55.2M)(43.9M)(46.1M)
Cost Of Revenue16.8M21.3M20.7M21.1M15.4M17.9M
Income Before Tax(59.0M)(46.8M)(49.2M)(62.3M)(50.1M)(52.6M)
Net Income(63.1M)(49.2M)(53.5M)(63.4M)(50.1M)(52.6M)
Income Tax Expense4.1M2.4M4.3M1.1M691.1K656.6K
Interest Income7.3M14K112K8K7.2K6.8K
Net Interest Income(7.3M)(5.5M)(6.5M)(6.1M)(5.7M)(6.0M)

T2 Biosystms Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(39.8M)6.1M6.5M(11.9M)4.4M4.6M
Free Cash Flow(46.1M)(44.0M)(39.3M)(51.0M)(48.3M)(50.7M)
Depreciation3.6M3.2M2.5M2.3M859K816.1K
Other Non Cash Items2.4M3.3M3.9M3.1M773K734.4K
Capital Expenditures761K804K460K339K192K182.4K
Net Income(59.0M)(46.8M)(49.2M)(62.0M)(50.1M)(52.6M)
End Period Cash Flow11.2M17.3M23.8M11.9M16.2M28.9M
Change To Inventory(914K)441K(1.9M)(949K)(744K)(781.2K)
Change Receivables(140K)(1.3M)(1.0M)(2.3M)(2.0M)(1.9M)
Change To Netincome12.5M8.1M7.0M10M11.5M8.1M
Investments(761K)(35.5M)25.3M9.7M(202K)(212.1K)

TTOO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining T2 Biosystms's current stock value. Our valuation model uses many indicators to compare T2 Biosystms value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across T2 Biosystms competition to find correlations between indicators driving T2 Biosystms's intrinsic value. More Info.
T2 Biosystms is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, T2 Biosystms' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the T2 Biosystms' earnings, one of the primary drivers of an investment's value.

T2 Biosystms Systematic Risk

T2 Biosystms' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. T2 Biosystms volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on T2 Biosystms correlated with the market. If Beta is less than 0 T2 Biosystms generally moves in the opposite direction as compared to the market. If T2 Biosystms Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one T2 Biosystms is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of T2 Biosystms is generally in the same direction as the market. If Beta > 1 T2 Biosystms moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in T2 Biosystms Stock are looking for potential investment opportunities by analyzing not only static indicators but also various T2 Biosystms' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of T2 Biosystms growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.003158

At this time, T2 Biosystms' Price Earnings To Growth Ratio is very stable compared to the past year.

T2 Biosystms November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of T2 Biosystms help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of T2 Biosystms. We use our internally-developed statistical techniques to arrive at the intrinsic value of T2 Biosystms based on widely used predictive technical indicators. In general, we focus on analyzing TTOO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build T2 Biosystms's daily price indicators and compare them against related drivers.
When determining whether T2 Biosystms offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T2 Biosystms' 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 T2 Biosystms Stock. Outlined below are crucial reports that will aid in making a well-informed decision on T2 Biosystms Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T2 Biosystms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology 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 T2 Biosystms. If investors know TTOO 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 T2 Biosystms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Revenue Per Share
0.999
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.90)
Return On Equity
(6.22)
The market value of T2 Biosystms is measured differently than its book value, which is the value of TTOO that is recorded on the company's balance sheet. Investors also form their own opinion of T2 Biosystms' value that differs from its market value or its book value, called intrinsic value, which is T2 Biosystms' 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 T2 Biosystms' market value can be influenced by many factors that don't directly affect T2 Biosystms' 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 T2 Biosystms' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Biosystms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Biosystms' 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.