T2 Biosystems Inc Ret. on equity
What is the Ret. on equity of T2 Biosystems Inc?
The Ret. on equity of T2 Biosystems Inc is 212.27%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity 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 equity similar to T2 Biosystems Inc
- Waters has Ret. on equity of 204.84%
- Cardinal Resources has Ret. on equity of 206.23%
- Sakthi Sugars has Ret. on equity of 206.46%
- Flexion Therapeutics Inc has Ret. on equity of 207.60%
- Vapotherm Inc has Ret. on equity of 209.65%
- Central African Gold has Ret. on equity of 209.77%
- T2 Biosystems Inc has Ret. on equity of 212.27%
- Luminar Technologies Inc has Ret. on equity of 212.98%
- MV Oil Trust has Ret. on equity of 213.34%
- K. H has Ret. on equity of 213.68%
- Hornby Bay Mineral Exploration has Ret. on equity of 214.23%
- Carmat SA has Ret. on equity of 215.64%
- Clancy has Ret. on equity of 215.66%