T2 Biosystems Inc Ret. on assets
What is the Ret. on assets of T2 Biosystems Inc?
The Ret. on assets of T2 Biosystems Inc is -154.99%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Health Care sector on NASDAQ compared to T2 Biosystems Inc
What does T2 Biosystems Inc do?
t2 biosystems is developing innovative diagnostic products to improve patient health. with two fda-cleared products targeting sepsis – the cause of one out of two hospital deaths - and a range of additional products in development, t2 biosystems is an emerging leader in the field of in vitro diagnostics. our initial development efforts target sepsis, hemostasis, bacteria and lyme disease, which are areas of significant unmet medical need. the company is utilizing its proprietary t2 magnetic resonance platform, or t2mr®, to develop a broad set of applications aimed at lowering mortality rates, improving patient outcomes and reducing the cost of healthcare by helping medical professionals make targeted treatment decisions earlier. at t2 biosystems, we know that our passion to advance the medical diagnostic landscape relies on our ability to attract and retain the very best people in the world – and to encourage them to flourish. we invite you to apply for one of our open positions at www
Companies with ret. on assets similar to T2 Biosystems Inc
- Organovo Inc has Ret. on assets of -156.01%
- Carespan Health Inc has Ret. on assets of -155.96%
- Lexagene has Ret. on assets of -155.93%
- Lexagene has Ret. on assets of -155.93%
- Curzon Plc has Ret. on assets of -155.88%
- The Flowr has Ret. on assets of -155.23%
- T2 Biosystems Inc has Ret. on assets of -154.99%
- Endexx has Ret. on assets of -154.76%
- Bio-Key International has Ret. on assets of -154.73%
- WestKam Gold has Ret. on assets of -154.56%
- GLG Life Tech has Ret. on assets of -154.38%
- Iconic Labs Plc has Ret. on assets of -153.91%
- Equatorial Palm Oil plc has Ret. on assets of -153.64%