TTOO Net Debt vs Total Cash From Operating Activities Analysis

TTOO Stock

USD 0.49 0.02 3.92%

T2 Biosystms financial indicator trend analysis is much more than just breaking down T2 Biosystms prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T2 Biosystms is a good investment. Please check the relationship between T2 Biosystms Net Debt and its Total Cash From Operating Activities accounts. 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.

Net Debt vs Total Cash From Operating Activities

Net Debt vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T2 Biosystms Net Debt account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between T2 Biosystms' Net Debt and Total Cash From Operating Activities is -0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of T2 Biosystms, assuming nothing else is changed. The correlation between historical values of T2 Biosystms' Net Debt and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of T2 Biosystms are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Net Debt i.e., T2 Biosystms' Net Debt and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Cash From Operating Activities

Most indicators from T2 Biosystms' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into T2 Biosystms 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 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.As of the 26th of November 2024, Enterprise Value is likely to grow to about 75.5 M, while Selling General Administrative is likely to drop about 26 M.

	2021	2022	2023	2024 (projected)
Interest Expense	6.6M	6.1M	5.3M	4.9M
Depreciation And Amortization	2.5M	2.3M	859K	1.1M

Interest Expense Depreciation And Amortization

T2 Biosystms fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.49	0.24	0.0	0.92	0.06	0.6	-0.33	-0.13	0.08	0.81	0.59	0.45	0.26	0.38	0.92	0.15	-0.09	0.34	-0.35	0.28	0.33	-0.56	0.31	0.97	-0.07
Short Long Term Debt Total	0.49		0.78	0.49	0.44	0.61	0.93	0.61	-0.87	0.58	0.04	0.87	-0.08	0.38	0.84	0.16	0.79	0.23	0.4	-0.5	0.85	0.96	-0.3	0.78	0.31	0.39
Other Current Liab	0.24	0.78		0.83	0.29	0.27	0.62	0.52	-0.73	0.71	-0.03	0.51	0.03	-0.01	0.69	0.01	0.53	0.31	0.1	-0.74	0.62	0.79	-0.31	0.61	0.13	0.75
Total Current Liabilities	0.0	0.49	0.83		0.1	0.2	0.29	0.41	-0.6	0.37	-0.04	0.16	0.08	-0.43	0.37	-0.09	0.4	0.61	-0.2	-0.81	0.32	0.54	-0.29	0.58	-0.03	0.99
Total Stockholder Equity	0.92	0.44	0.29	0.1		-0.06	0.5	-0.37	-0.09	0.02	0.82	0.45	0.46	0.21	0.35	0.88	0.07	-0.04	0.17	-0.58	0.22	0.29	-0.83	0.27	0.92	0.04
Other Liab	0.06	0.61	0.27	0.2	-0.06		0.56	0.71	-0.83	0.32	-0.33	0.6	-0.19	0.18	0.57	-0.21	0.95	0.61	0.42	-0.03	0.81	0.7	0.09	0.81	-0.09	0.16
Property Plant And Equipment Net	0.6	0.93	0.62	0.29	0.5	0.56		0.48	-0.73	0.54	0.15	0.94	0.06	0.4	0.74	0.29	0.69	0.12	0.47	-0.35	0.72	0.84	-0.27	0.74	0.43	0.18
Net Debt	-0.33	0.61	0.52	0.41	-0.37	0.71	0.48		-0.81	0.59	-0.75	0.52	-0.39	0.14	0.53	-0.65	0.79	0.34	0.38	-0.09	0.69	0.7	0.26	0.58	-0.51	0.36
Retained Earnings	-0.13	-0.87	-0.73	-0.6	-0.09	-0.83	-0.73	-0.81		-0.57	0.27	-0.68	0.24	-0.17	-0.8	0.18	-0.95	-0.57	-0.28	0.43	-0.89	-0.94	0.1	-0.88	0.03	-0.53
Accounts Payable	0.08	0.58	0.71	0.37	0.02	0.32	0.54	0.59	-0.57		-0.28	0.51	-0.14	0.21	0.61	-0.18	0.5	0.03	0.37	-0.22	0.58	0.57	0.04	0.42	-0.05	0.26
Cash	0.81	0.04	-0.03	-0.04	0.82	-0.33	0.15	-0.75	0.27	-0.28		0.04	0.42	0.04	0.0	0.96	-0.29	-0.09	-0.2	-0.34	-0.19	-0.11	-0.61	-0.01	0.92	-0.06
Non Current Assets Total	0.59	0.87	0.51	0.16	0.45	0.6	0.94	0.52	-0.68	0.51	0.04		0.16	0.36	0.68	0.25	0.7	0.06	0.72	-0.21	0.72	0.78	-0.18	0.67	0.39	0.06
Non Currrent Assets Other	0.45	-0.08	0.03	0.08	0.46	-0.19	0.06	-0.39	0.24	-0.14	0.42	0.16		-0.54	-0.1	0.5	-0.2	0.1	0.24	-0.27	-0.17	-0.1	-0.33	0.08	0.47	0.09
Other Assets	0.26	0.38	-0.01	-0.43	0.21	0.18	0.4	0.14	-0.17	0.21	0.04	0.36	-0.54		0.28	0.11	0.21	-0.52	0.26	0.25	0.39	0.28	-0.01	-0.06	0.19	-0.51
Long Term Debt	0.38	0.84	0.69	0.37	0.35	0.57	0.74	0.53	-0.8	0.61	0.0	0.68	-0.1	0.28		0.09	0.73	0.27	0.32	-0.39	0.86	0.88	-0.23	0.69	0.24	0.28
Cash And Short Term Investments	0.92	0.16	0.01	-0.09	0.88	-0.21	0.29	-0.65	0.18	-0.18	0.96	0.25	0.5	0.11	0.09		-0.16	-0.13	0.07	-0.3	-0.05	-0.01	-0.59	0.07	0.98	-0.12
Common Stock Total Equity	0.15	0.79	0.53	0.4	0.07	0.95	0.69	0.79	-0.95	0.5	-0.29	0.7	-0.2	0.21	0.73	-0.16		0.59	0.43	-0.27	0.91	0.86	-0.06	0.88	-0.01	0.34
Common Stock Shares Outstanding	-0.09	0.23	0.31	0.61	-0.04	0.61	0.12	0.34	-0.57	0.03	-0.09	0.06	0.1	-0.52	0.27	-0.13	0.59		-0.19	-0.46	0.37	0.37	-0.2	0.75	-0.1	0.64
Short Term Investments	0.34	0.4	0.1	-0.2	0.17	0.42	0.47	0.38	-0.28	0.37	-0.2	0.72	0.24	0.26	0.32	0.07	0.43	-0.19		0.2	0.48	0.35	0.13	0.22	0.18	-0.26
Non Current Liabilities Total	-0.35	-0.5	-0.74	-0.81	-0.58	-0.03	-0.35	-0.09	0.43	-0.22	-0.34	-0.21	-0.27	0.25	-0.39	-0.3	-0.27	-0.46	0.2		-0.28	-0.47	0.78	-0.5	-0.35	-0.79
Other Current Assets	0.28	0.85	0.62	0.32	0.22	0.81	0.72	0.69	-0.89	0.58	-0.19	0.72	-0.17	0.39	0.86	-0.05	0.91	0.37	0.48	-0.28		0.92	-0.12	0.76	0.12	0.24
Other Stockholder Equity	0.33	0.96	0.79	0.54	0.29	0.7	0.84	0.7	-0.94	0.57	-0.11	0.78	-0.1	0.28	0.88	-0.01	0.86	0.37	0.35	-0.47	0.92		-0.19	0.82	0.16	0.45
Total Liab	-0.56	-0.3	-0.31	-0.29	-0.83	0.09	-0.27	0.26	0.1	0.04	-0.61	-0.18	-0.33	-0.01	-0.23	-0.59	-0.06	-0.2	0.13	0.78	-0.12	-0.19		-0.27	-0.6	-0.26
Property Plant And Equipment Gross	0.31	0.78	0.61	0.58	0.27	0.81	0.74	0.58	-0.88	0.42	-0.01	0.67	0.08	-0.06	0.69	0.07	0.88	0.75	0.22	-0.5	0.76	0.82	-0.27		0.18	0.52
Total Current Assets	0.97	0.31	0.13	-0.03	0.92	-0.09	0.43	-0.51	0.03	-0.05	0.92	0.39	0.47	0.19	0.24	0.98	-0.01	-0.1	0.18	-0.35	0.12	0.16	-0.6	0.18		-0.08
Short Term Debt	-0.07	0.39	0.75	0.99	0.04	0.16	0.18	0.36	-0.53	0.26	-0.06	0.06	0.09	-0.51	0.28	-0.12	0.34	0.64	-0.26	-0.79	0.24	0.45	-0.26	0.52	-0.08

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T2 Biosystms Account Relationship Matchups

T2 Biosystms fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.5M	79.1M	60.5M	34.4M	34.8M	43.7M
Short Long Term Debt Total	44.8M	55.8M	57.1M	59.2M	49.5M	42.0M
Other Current Liab	13.6M	6.4M	7.2M	6.0M	9.9M	6.8M
Total Current Liabilities	60.6M	9.8M	11.7M	10.5M	56.2M	59.0M
Total Stockholder Equity	(34.0M)	8.7M	(12.9M)	(40.0M)	(28.0M)	(26.6M)
Other Liab	46K	4.8M	4.6M	4.9M	5.6M	5.9M
Property Plant And Equipment Net	9.2M	14.8M	14.4M	13.3M	9.1M	9.8M
Net Debt	33.7M	39.0M	34.9M	48.9M	33.8M	35.5M
Retained Earnings	(376.2M)	(423.0M)	(472.2M)	(534.5M)	(584.3M)	(555.1M)
Accounts Payable	3.8M	2.1M	2.8M	1.3M	1.5M	1.6M
Cash	11.0M	16.8M	22.2M	10.3M	15.7M	28.6M
Non Current Assets Total	9.6M	25.5M	16.1M	15.0M	9.6M	11.6M
Cash And Short Term Investments	11.0M	42.2M	32.2M	10.3M	15.7M	31.0M
Common Stock Total Equity	36K	44K	51K	147K	169.1K	177.5K
Common Stock Shares Outstanding	9.1K	24.3K	31.8K	51.0K	2.6M	2.7M
Liabilities And Stockholders Equity	28.5M	79.1M	60.5M	34.4M	34.8M	43.7M
Non Current Liabilities Total	1.9M	60.6M	61.8M	63.9M	6.7M	6.3M
Other Current Assets	1.4M	2.7M	3.1M	2.6M	3.3M	1.7M
Other Stockholder Equity	342.1M	431.5M	459.2M	494.6M	556.3M	315.0M
Total Liab	62.5M	70.4M	73.4M	74.4M	62.8M	50.8M
Property Plant And Equipment Gross	9.2M	14.8M	14.4M	13.3M	23.9M	25.1M
Total Current Assets	18.9M	53.6M	44.4M	19.4M	25.2M	35.3M
Short Term Debt	42.9M	1.2M	1.2M	2.7M	44.5M	46.7M
Common Stock	49K	147K	166K	8K	4K	3.8K
Property Plant Equipment	5.8M	14.8M	14.4M	13.3M	15.3M	9.5M
Net Tangible Assets	(32.1M)	8.7M	(12.9M)	(40.0M)	(36.0M)	(34.2M)
Current Deferred Revenue	285K	230K	518K	172K	224K	212.8K
Net Receivables	2.8M	5.1M	5.1M	2.2M	1.4M	2.2M
Retained Earnings Total Equity	(266.1M)	(317.2M)	(376.2M)	(423.0M)	(380.7M)	(399.7M)
Capital Surpluse	267.4M	328.5M	342.1M	431.5M	496.3M	308.8M
Inventory	3.6M	3.6M	3.9M	4.3M	4.8M	2.9M
Short Long Term Debt	40.7M	42.4M	42.9M	41.3M	47.5M	27.2M
Capital Lease Obligations	3.9M	10.5M	9.4M	9.6M	8.2M	6.1M

Pair Trading with T2 Biosystms

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if T2 Biosystms position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in T2 Biosystms will appreciate offsetting losses from the drop in the long position's value.

Moving together with TTOO Stock

0.77	ME	23Andme Holding	Pair Corr
0.92	VALN	Valneva SE ADR	Pair Corr
0.77	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Moving against TTOO Stock

0.61	KZR	Kezar Life Sciences	Pair Corr
0.52	MLYS	Mineralys Therapeutics,	Pair Corr
0.5	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.38	NXGLW	NexGel Warrant	Pair Corr
0.37	RNXT	RenovoRx	Pair Corr

The ability to find closely correlated positions to T2 Biosystms could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace T2 Biosystms when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back T2 Biosystms - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling T2 Biosystms to buy it.

The correlation of T2 Biosystms is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as T2 Biosystms moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if T2 Biosystms moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for T2 Biosystms can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In TTOO

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Is TTOO Stock a good investment?

Details

What is T2 Biosystms' Net Worth?

Details

Largest Biotechnology Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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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 Volatility Analysis module to get historical volatility and risk analysis based on 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.

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TTOO Net Debt vs Total Cash From Operating Activities Analysis

Net Debt vs Total Cash From Operating Activities

Net Debt vs Total Cash From Operating Activities Correlation Analysis

Correlation Coefficient

Net Debt

Total Cash From Operating Activities

T2 Biosystms fundamental ratios Correlations

T2 Biosystms Account Relationship Matchups

High Positive Relationship

High Negative Relationship

T2 Biosystms fundamental ratios Accounts

Pair Trading with T2 Biosystms

Moving together with TTOO Stock

Moving against TTOO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Current Assets	+ 0.97	Total Assets
Other Stockholder Equity	+ 0.96	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.96	Cash
Common Stock Total Equity	+ 0.95	Other Liab

Common Stock Total Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings
Other Current Assets	- 0.89	Retained Earnings
Property Plant And Equipment Gross	- 0.88	Retained Earnings
Retained Earnings	- 0.87	Short Long Term Debt Total
Retained Earnings	- 0.83	Other Liab