T2 Biosystems Inc Profit margin
What is the Profit margin of T2 Biosystems Inc?
The Profit margin of T2 Biosystems Inc is -696.19%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin 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 profit margin similar to T2 Biosystems Inc
- ASF has Profit margin of -709.16%
- Valor Resources has Profit margin of -707.42%
- AusCann Ltd has Profit margin of -704.52%
- Softrock Minerals has Profit margin of -702.13%
- Edgewater Wireless Systems has Profit margin of -700.00%
- Champignon Brands has Profit margin of -698.94%
- T2 Biosystems Inc has Profit margin of -696.19%
- Norwegian Cruise Line has Profit margin of -695.48%
- Salarius Pharmaceuticals has Profit margin of -693.84%
- The Flowr has Profit margin of -692.55%
- Castile Resources has Profit margin of -691.54%
- Eminence Enterprise has Profit margin of -691.15%
- Tertiary Minerals plc has Profit margin of -690.06%