TTOO
Price:
$0.51
Market Cap:
$10.73M
T2 Biosystems, Inc., an in vitro diagnostics company, develops diagnostic products and product candidates in the United States and internationally. Its technology enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine. The company also offers T2Dx Instrument, a bench-top instrument that runs various diagnostic tests from patient samples; T2Candida, a direct-from-blood test that identifies blood stream infections that causes sepsis and candidemia; T2Bacteria, a direct-from-blood test, which detects bacterial pathogens associated with sepsis; T2Resista...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
2014-08-07
Stock Exchange
NASDAQ
Ticker
TTOO
According to T2 Biosystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of -6.87% compared to the average of 0.43 of the last 4 quarters.
The mean historical Current Ratio of T2 Biosystems, Inc. over the last ten years is 4.31. The current 0.40 Current Ratio has changed 829.14% with respect to the historical average. Over the past ten years (40 quarters), TTOO's Current Ratio was at its highest in in the December 2014 quarter at 15.50. The Current Ratio was at its lowest in in the March 2024 quarter at 0.28.
Average
4.31
Median
2.82
Minimum
0.31
Maximum
15.50
Discovering the peaks and valleys of T2 Biosystems, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.65%
Maximum Annual Current Ratio = 15.50
Minimum Annual Increase = -88.79%
Minimum Annual Current Ratio = 0.31
Year | Current Ratio | Change |
---|---|---|
2023 | 0.45 | -75.74% |
2022 | 1.85 | -51.33% |
2021 | 3.80 | -30.53% |
2020 | 5.47 | 1.65% |
2019 | 0.31 | -71.18% |
2018 | 1.08 | 26.47% |
2017 | 0.86 | -88.79% |
2016 | 7.63 | 23.95% |
2015 | 6.16 | -60.28% |
2014 | 15.50 | 106.36% |
The current Current Ratio of T2 Biosystems, Inc. (TTOO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.03
5-year avg
2.38
10-year avg
4.31
T2 Biosystems, Inc.’s Current Ratio is less than Biocept, Inc. (0), less than Genetic Technologies Limited (2.97), less than HTG Molecular Diagnostics, Inc. (0.88), less than Intelligent Bio Solutions Inc. (1.89), less than Interpace Biosciences, Inc. (1.14), less than bioAffinity Technologies, Inc. (0.59), less than SeqLL Inc. (1.02), less than Thermo Fisher Scientific Inc. (0.91), less than Illumina, Inc. (1.63), less than Danaher Corporation (2.43), less than Waters Corporation (1.37), less than IDEXX Laboratories, Inc. (2.02), less than iSpecimen Inc. (1.42), less than null (0.74),
Company | Current Ratio | Market cap |
---|---|---|
0 | $0 | |
2.97 | $6.23M | |
0.88 | $1.06M | |
1.89 | $6.80M | |
1.14 | $11.72M | |
0.59 | $18.88M | |
1.02 | $0 | |
0.91 | $196.32B | |
1.63 | $22.23B | |
2.43 | $170.34B | |
1.37 | $22.18B | |
2.02 | $34.17B | |
1.42 | $4.27M | |
0.74 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like T2 Biosystems, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like T2 Biosystems, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is T2 Biosystems, Inc.'s Current Ratio?
How is the Current Ratio calculated for T2 Biosystems, Inc. (TTOO)?
What is the highest Current Ratio for T2 Biosystems, Inc. (TTOO)?
What is the 3-year average Current Ratio for T2 Biosystems, Inc. (TTOO)?
What is the 5-year average Current Ratio for T2 Biosystems, Inc. (TTOO)?
How does the current Current Ratio for T2 Biosystems, Inc. (TTOO) compare to its historical average?