TTOO Historical Financial Ratios

TTOO Stock  USD 0.37  0.08  17.78%   
T2 Biosystms is promptly reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Average Payables of 0.0, Stock Based Compensation To Revenue of 0.57, Capex To Depreciation of 0.21 or Ev To Sales of 6.63 will help investors to properly organize and evaluate T2 Biosystms financial condition quickly.
  
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.

About TTOO Financial Ratios Analysis

T2 BiosystmsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate T2 Biosystms investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on TTOO financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across T2 Biosystms history.

T2 Biosystms Financial Ratios Chart

At this time, T2 Biosystms' Days Sales Outstanding is very stable compared to the past year. As of the 14th of December 2024, Days Of Inventory On Hand is likely to grow to 120.22, while Price To Sales Ratio is likely to drop 2.16.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing T2 Biosystms stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on T2 Biosystms sales, a figure that is much harder to manipulate than other T2 Biosystms multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most ratios from T2 Biosystms' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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.At this time, T2 Biosystms' Days Sales Outstanding is very stable compared to the past year. As of the 14th of December 2024, Days Of Inventory On Hand is likely to grow to 120.22, while Price To Sales Ratio is likely to drop 2.16.
 2021 2022 2023 2024 (projected)
Payables Turnover7.3116.3110.0614.63
Days Of Inventory On Hand68.9275.09114.49120.22

T2 Biosystms fundamentals Correlations

-0.220.740.10.270.28-0.16-0.221.00.280.480.750.27-0.610.480.82-0.36-0.95-0.950.17-0.96-0.270.450.15-0.95-0.96
-0.22-0.290.140.150.150.021.0-0.220.150.02-0.240.14-0.030.15-0.21-0.170.130.28-0.10.13-0.09-0.47-0.980.130.15
0.74-0.29-0.290.360.16-0.02-0.290.740.160.550.990.17-0.790.640.860.13-0.73-0.90.16-0.73-0.360.50.23-0.72-0.74
0.10.14-0.29-0.040.550.210.140.10.550.15-0.260.540.230.120.17-0.64-0.190.09-0.21-0.180.070.17-0.16-0.19-0.18
0.270.150.36-0.040.040.30.150.270.040.710.370.04-0.410.060.350.24-0.4-0.34-0.33-0.40.1-0.04-0.21-0.4-0.39
0.280.150.160.550.040.230.150.281.00.590.221.0-0.10.440.31-0.6-0.39-0.29-0.2-0.38-0.090.4-0.16-0.39-0.38
-0.160.02-0.020.210.30.230.02-0.160.220.310.020.230.2-0.260.17-0.02-0.120.02-0.97-0.080.74-0.090.0-0.12-0.1
-0.221.0-0.290.140.150.150.02-0.220.150.02-0.240.14-0.030.15-0.21-0.170.130.28-0.10.13-0.09-0.47-0.980.130.15
1.0-0.220.740.10.270.28-0.16-0.220.280.480.750.27-0.610.480.82-0.36-0.95-0.940.17-0.96-0.270.450.15-0.95-0.96
0.280.150.160.550.041.00.220.150.280.580.221.0-0.10.440.31-0.6-0.39-0.29-0.19-0.38-0.10.4-0.16-0.39-0.38
0.480.020.550.150.710.590.310.020.480.580.60.61-0.570.380.540.05-0.6-0.59-0.3-0.6-0.080.29-0.1-0.6-0.59
0.75-0.240.99-0.260.370.220.02-0.240.750.220.60.23-0.830.660.870.1-0.75-0.90.11-0.76-0.370.460.18-0.75-0.76
0.270.140.170.540.041.00.230.140.271.00.610.23-0.110.440.31-0.55-0.38-0.29-0.2-0.37-0.10.42-0.16-0.37-0.36
-0.61-0.03-0.790.23-0.41-0.10.2-0.03-0.61-0.1-0.57-0.83-0.11-0.7-0.69-0.180.580.7-0.250.60.66-0.150.10.580.59
0.480.150.640.120.060.44-0.260.150.480.440.380.660.44-0.70.65-0.23-0.48-0.530.39-0.5-0.70.28-0.19-0.48-0.49
0.82-0.210.860.170.350.310.17-0.210.820.310.540.870.31-0.690.65-0.22-0.87-0.87-0.04-0.87-0.240.450.16-0.87-0.88
-0.36-0.170.13-0.640.24-0.6-0.02-0.17-0.36-0.60.050.1-0.55-0.18-0.23-0.220.40.170.060.4-0.01-0.110.140.40.39
-0.950.13-0.73-0.19-0.4-0.39-0.120.13-0.95-0.39-0.6-0.75-0.380.58-0.48-0.870.40.930.11.00.1-0.36-0.071.01.0
-0.950.28-0.90.09-0.34-0.290.020.28-0.94-0.29-0.59-0.9-0.290.7-0.53-0.870.170.93-0.080.940.23-0.49-0.210.930.94
0.17-0.10.16-0.21-0.33-0.2-0.97-0.10.17-0.19-0.30.11-0.2-0.250.39-0.040.060.1-0.080.05-0.790.20.090.090.07
-0.960.13-0.73-0.18-0.4-0.38-0.080.13-0.96-0.38-0.6-0.76-0.370.6-0.5-0.870.41.00.940.050.14-0.36-0.071.01.0
-0.27-0.09-0.360.070.1-0.090.74-0.09-0.27-0.1-0.08-0.37-0.10.66-0.7-0.24-0.010.10.23-0.790.14-0.210.130.10.12
0.45-0.470.50.17-0.040.4-0.09-0.470.450.40.290.460.42-0.150.280.45-0.11-0.36-0.490.2-0.36-0.210.39-0.36-0.38
0.15-0.980.23-0.16-0.21-0.160.0-0.980.15-0.16-0.10.18-0.160.1-0.190.160.14-0.07-0.210.09-0.070.130.39-0.07-0.08
-0.950.13-0.72-0.19-0.4-0.39-0.120.13-0.95-0.39-0.6-0.75-0.370.58-0.48-0.870.41.00.930.091.00.1-0.36-0.071.0
-0.960.15-0.74-0.18-0.39-0.38-0.10.15-0.96-0.38-0.59-0.76-0.360.59-0.49-0.880.391.00.940.071.00.12-0.38-0.081.0
Click cells to compare fundamentals

T2 Biosystms Account Relationship Matchups

T2 Biosystms fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio6.398.32.920.322.282.16
Ptb Ratio(1.57)17.24(6.35)(0.18)(0.58)(0.56)
Days Sales Outstanding123.71102.6566.7935.472.06131.22
Book Value Per Share(3.7K)359.6(406.11)(783.66)(10.74)(11.28)
Free Cash Flow Yield(0.87)(0.29)(0.48)(7.04)(2.95)(2.8)
Operating Cash Flow Per Share(5.0K)(1.8K)(1.2K)(992.67)(18.44)(19.37)
Stock Based Compensation To Revenue0.650.220.250.290.60.57
Capex To Depreciation0.240.210.250.180.150.22
Pb Ratio(1.57)17.24(6.35)(0.18)(0.58)(0.56)
Ev To Sales10.4410.454.172.526.986.63
Free Cash Flow Per Share(5.1K)(1.8K)(1.2K)(999.31)(18.52)(19.44)
Roic(6.26)(0.81)(1.34)(5.12)(3.34)(3.51)
Inventory Turnover4.665.855.34.863.193.03
Net Income Per Share(6.9K)(2.0K)(1.7K)(1.2K)(19.19)(20.15)
Days Of Inventory On Hand78.3762.3768.9275.09114.49120.22
Payables Turnover4.4710.347.3116.3110.0614.63
Research And Ddevelopement To Revenue1.960.930.781.161.971.87
Capex To Revenue0.09130.04430.01640.01520.02670.0254
Cash Per Share1.2K1.7K1.0K202.526.015.71
Pocfratio(1.17)(3.48)(2.11)(0.14)(0.34)(0.36)
Interest Coverage(7.08)(7.51)(6.52)(9.12)(9.3)(9.76)
Capex To Operating Cash Flow(0.0168)(0.0186)(0.0118)(0.006696)(0.003989)(0.004188)
Pfcf Ratio(1.15)(3.42)(2.08)(0.14)(0.34)(0.36)
Days Payables Outstanding81.7235.349.9322.3836.2857.38
Roe1.86(5.64)4.151.591.791.88
Ev To Operating Cash Flow(1.92)(4.38)(3.01)(1.11)(1.04)(1.1)
Pe Ratio(0.84)(3.06)(1.53)(0.11)(0.33)(0.34)
Return On Tangible Assets(2.22)(0.62)(0.88)(1.84)(1.44)(1.51)
Ev To Free Cash Flow(1.89)(4.3)(2.97)(1.1)(1.04)(1.09)
Earnings Yield(1.19)(0.33)(0.65)(8.75)(3.06)(2.9)
Net Debt To E B I T D A(0.7)(1.01)(0.85)(0.89)(0.77)(0.73)
Current Ratio0.315.473.81.850.450.43
Tangible Book Value Per Share(3.7K)359.6(406.11)(783.66)(10.74)(11.28)
Receivables Turnover2.953.565.4710.315.075.11
Graham Number24.1K4.1K3.9K4.7K68.164.69
Shareholders Equity Per Share(3.7K)359.6(406.11)(783.66)(10.74)(11.28)
Debt To Equity(1.26)5.18(3.7)(1.28)(1.53)(1.45)
Capex Per Share83.6133.1314.486.650.07360.0699

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

  0.82VALN Valneva SE ADRPairCorr
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Moving against TTOO Stock

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  0.88GILD Gilead Sciences Sell-off TrendPairCorr
  0.73ESPR Esperion TherapeuticsPairCorr
  0.52DYAI Dyadic InternationalPairCorr
  0.37DNA Ginkgo Bioworks HoldingsPairCorr
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 CorrelationCorrelation 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:
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.