CSIMarket
 


T2 Biosystems Inc   (TTOO)
Other Ticker:  
 

Cumulative T2 Biosystems Inc 's Quick Ratio for Trailing Twelve Months Period

TTOO's Quick Ratio for Trailing Twelve Months Period and Cash & cash equivalent, Current Liabilities growth


Select the Comparisons : Select the Ratio:

TTOO Quick Ratio for Trailing Twelve Months Period

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Growth 414.42 % 406.18 % 44.54 % -9.33 % -0.05 %
Y / Y Cash & cash equivalent Growth 19.41 % 21.74 % -47.81 % -67.96 % -51.61 %
Quick Ratio for Trailing Twelve Months Period 0.41 0.54 1.04 1.37 1.8
Total Ranking # 2158 # 2046 # 1649 # 1710 # 1503
Seq. Current Liabilities Growth -16.05 % 270.5 % 76.04 % -6.05 % -17.39 %
Seq. Cash & cash equivalent Growth 51.2 % 58.98 % -2.05 % -49.28 % 54.15 %


Quick Ratio for Trailing Twelve Months Period Comment for 12 Months ending at Sep 30 2023
On the trailing twelve months basis Due to decline in Current Liabilities in the III. Quarter to $55 millions, average cumulative Quick Ratio for Trailing Twelve Months Period decreased to 0.41 below T2 Biosystems Inc average Quick Ratio for Trailing Twelve Months Period.
Quick Ratio for Trailing Twelve Months Period is the average cumulative value over the last four quarters.

Among companies operatig within Medical Equipment & Supplies industry 151 other companies have achieved higher Quick Ratio for Trailing Twelve Months Period than T2 Biosystems Inc . While overall ranking remained unchanged compare to previous quarter at no. .

What is Quick Ratio?
Learn more about TTOO
Quick Ratio TTOO in the most recent quarter
Quick Ratio for Trailing Twelve Months Period Company Ranking
Within: No.
Industry # 152
Sector # 825
S&P 500 # 2082


Quick Ratio for Trailing Twelve Months Period Statistics
High Average Low
5.85 2.03 0.39
(Sep 30 2017)   (Mar 31 2020)




Companies with similar average Quick Ratio for Trailing Twelve Months Period for 12 months ending Sep 30 2023, within Medical Equipment & Supplies Industry Quick Ratio for Trailing Twelve Months Period
Haemonetics Corporation  1.11 
Trisalus Life Sciences Inc   1.11 
Meihua International Medical Technologies Co Ltd   1.11 
Electromed Inc   1.06 
Better Therapeutics Inc   1.02 
Cerus Corporation  1.01 
Star Equity Holdings Inc   1.00 
Iridex Corp  0.98 
Embecta Corp   0.96 
Paragon 28 Inc   0.94 
Lakeland Industries Inc   0.92 
Pavmed Inc   0.87 
Retractable Technologies inc   0.87 
Artivion Inc   0.87 
Quoin Pharmaceuticals Ltd   0.86 
Seaspine Holdings Corporation  0.85 
Tactile Systems Technology Inc   0.82 
Medtronic Plc  0.80 
Adm Tronics Unlimited Inc   0.80 
Teleflex Incorporated  0.78 
Vaso Corporation  0.74 
Smiledirectclub Inc   0.73 
Avinger Inc   0.73 
National Vision Holdings Inc   0.71 
Sanara Medtech Inc   0.70 
Avanos Medical Inc   0.69 
Reshape Lifesciences Inc   0.67 
Minerva Surgical Inc   0.66 
Cadre Holdings Inc   0.64 
Envista Holdings Corporation  0.60 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com