T2 Biosystems Inc
NASDAQ:TTOO
Bankruptcy Probability
T2 Biosystems Inc's probability of bankruptcy is 15.1%, signalling a meaningful chance of default. The solvency score is 23/100 — a sign of moderate financial strength.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
T2 Biosystems Inc Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| US |
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T2 Biosystems Inc
NASDAQ:TTOO
|
61.7k USD |
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Pharnext SCA
OTC:PNEXF
|
6T USD |
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| US |
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Abbvie Inc
NYSE:ABBV
|
401.5B USD |
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| US |
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Amgen Inc
NASDAQ:AMGN
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184.1B USD |
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| US |
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Gilead Sciences Inc
NASDAQ:GILD
|
179.9B USD |
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| US |
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Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
118.4B USD |
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| US |
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Epizyme Inc
F:EPE
|
94.1B EUR |
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| US |
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Regeneron Pharmaceuticals Inc
NASDAQ:REGN
|
80.1B USD |
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| AU |
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CSL Ltd
ASX:CSL
|
87.6B AUD |
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| NL |
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argenx SE
XBRU:ARGX
|
43.5B EUR |
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| US |
S
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Seagen Inc
F:SGT
|
39.3B EUR |
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T2 Biosystems Inc's probability of bankruptcy is 15.1%, signalling a meaningful chance of default.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, T2 Biosystems Inc has total debt of 11.9m USD. This includes both short-term (11.9m USD) and long-term (0 USD) debt.
You can find a full breakdown on its Balance Sheet.