TTOO Fixed Asset Turnover from 2010 to 2024

TTOO Stock  USD 2.72  0.44  13.92%   
T2 Biosystms Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 0.62. During the period from 2010 to 2024, T2 Biosystms Fixed Asset Turnover quarterly data regression pattern had sample variance of  0.42 and median of  0.47. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.79454325
Current Value
0.62
Quarterly Volatility
0.64442525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T2 Biosystms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TTOO main balance sheet or income statement drivers, such as Depreciation And Amortization of 843.9 K, Interest Expense of 4.9 M or Total Revenue of 9.8 M, as well as many exotic indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0 or Days Sales Outstanding of 131. TTOO financial statements analysis is a perfect complement when working with T2 Biosystms Valuation or Volatility modules.
  
This module can also supplement T2 Biosystms' financial leverage analysis and stock options assessment as well as various T2 Biosystms Technical models . Check out the analysis of T2 Biosystms Correlation against competitors.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.

Latest T2 Biosystms' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of T2 Biosystms over the last few years. It is T2 Biosystms' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T2 Biosystms' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

TTOO Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.66
Geometric Mean0.28
Coefficient Of Variation97.03
Mean Deviation0.53
Median0.47
Standard Deviation0.64
Sample Variance0.42
Range1.927
R-Value0.74
Mean Square Error0.20
R-Squared0.55
Significance0
Slope0.11
Total Sum of Squares5.81

TTOO Fixed Asset Turnover History

2024 0.62
2023 0.79
2022 1.68
2021 1.94
2020 1.22
2019 0.91
2018 1.44

About T2 Biosystms Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include T2 Biosystms income statement, its balance sheet, and the statement of cash flows. T2 Biosystms investors use historical funamental indicators, such as T2 Biosystms's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although T2 Biosystms investors may use each financial statement separately, they are all related. The changes in T2 Biosystms's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on T2 Biosystms's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on T2 Biosystms Financial Statements. Understanding these patterns can help to make the right decision on long term investment in T2 Biosystms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.79  0.62 

Currently Active Assets on Macroaxis

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 the analysis of T2 Biosystms Correlation against competitors.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running T2 Biosystms' price analysis, check to measure T2 Biosystms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T2 Biosystms is operating at the current time. Most of T2 Biosystms' value examination focuses on studying past and present price action to predict the probability of T2 Biosystms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T2 Biosystms' price. Additionally, you may evaluate how the addition of T2 Biosystms to your portfolios can decrease your overall portfolio volatility.
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Is T2 Biosystms' industry 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
(19.19)
Revenue Per Share
2.756
Quarterly Revenue Growth
(0.69)
Return On Assets
(0.85)
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.