TTOO
Price:
$0.5203
Market Cap:
$10.95M
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), greater than Intelligent Bio Solutions Inc. (0), 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 | |
0 | $7.24M | |
1.14 | $12.33M | |
0.59 | $15.12M | |
1.02 | $0 | |
0.91 | $204.96B | |
1.63 | $23.56B | |
2.43 | $169.26B | |
1.37 | $23.18B | |
2.02 | $36.42B | |
1.42 | $3.82M | |
0.74 | $0 |
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