T2 Biosystms Inc
T2 Biosystems, Inc., an in vitro diagnostics company, develops and sells 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 T2… Read more
T2 Biosystms Inc (TTOO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.534x
Based on the latest financial reports, T2 Biosystms Inc (TTOO) has a cash flow conversion efficiency ratio of 0.534x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-6.25 Million) by net assets ($-11.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
T2 Biosystms Inc - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how T2 Biosystms Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
T2 Biosystms Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of T2 Biosystms Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CHEESECAKE FACTORY (CF2.SG)
STU:CF2
|
0.202x |
|
DOMINION RES
MU:DOD
|
0.056x |
|
BMEX Gold Inc
OTCQB:MRIRF
|
-0.003x |
|
Formuepleje Mix High
CO:FPIMHI
|
N/A |
|
POMM PROV ZUCK SIED
BE:PPZ
|
N/A |
|
Bespoke Extracts Inc
OTCQB:BSPK
|
0.008x |
|
JUGGERNAUT EXPLOR
F:4JE1
|
N/A |
|
Tortoise Energy Infrastructure Closed Fund
NYSE:TYG
|
0.017x |
Annual Cash Flow Conversion Efficiency for T2 Biosystms Inc (2012–2023)
The table below shows the annual cash flow conversion efficiency of T2 Biosystms Inc from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-28.04 Million | $-48.14 Million | 1.717x | +35.54% |
| 2022-12-31 | $-39.97 Million | $-50.63 Million | 1.267x | -57.96% |
| 2021-12-31 | $-12.90 Million | $-38.87 Million | 3.013x | +160.83% |
| 2020-12-31 | $8.73 Million | $-43.22 Million | -4.952x | -471.26% |
| 2019-12-31 | $-34.01 Million | $-45.36 Million | 1.334x | +137.84% |
| 2018-12-31 | $11.39 Million | $-40.14 Million | -3.525x | +90.10% |
| 2017-12-31 | $1.34 Million | $-47.72 Million | -35.610x | -2916.33% |
| 2016-12-31 | $39.34 Million | $-46.44 Million | -1.181x | -47.91% |
| 2015-12-31 | $46.94 Million | $-37.47 Million | -0.798x | -50.10% |
| 2014-12-31 | $53.00 Million | $-28.18 Million | -0.532x | -363.76% |
| 2013-12-31 | $-89.54 Million | $-18.05 Million | 0.202x | -5.04% |
| 2012-12-31 | $-62.66 Million | $-13.30 Million | 0.212x | -- |