T2 Biosystems (HAM:3T2) Construction In Progress: €0.03 Mil (As of Sep. 2024)


HAM:3T2 T2 Biosystems Inc HAM:3T2
12 GF Score
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What is T2 Biosystems Construction In Progress?

T2 Biosystems HAM:3T2 12 Construction In Progress is €0.03 Mil as of Sep. 2024. GuruFocus rates HAM:3T2 with a GF Score™ of 12/100.

T2 Biosystems's quarterly construction in progress declined from Mar. 2024 (€0.02 Mil) to Jun. 2024 (€0.01 Mil) but then increased from Jun. 2024 (€0.01 Mil) to Sep. 2024 (€0.03 Mil).

T2 Biosystems's annual construction in progress increased from Dec. 2021 (€0.45 Mil) to Dec. 2022 (€0.65 Mil) but then declined from Dec. 2022 (€0.65 Mil) to Dec. 2023 (€0.02 Mil).

T2 Biosystems Construction In Progress Historical Data

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The historical data trend for T2 Biosystems's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

T2 Biosystems Construction In Progress Chart

T2 Biosystems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.43 0.45 0.65 0.02

T2 Biosystems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.02 0.02 0.01 0.03
HAM:3T2
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T2 Biosystems Inc HAM:3T2
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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T2 Biosystems Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €0.03 Mil mean?
T2 Biosystems (HAM:3T2) has a Construction In Progress of €0.03 Mil as of Sep. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on T2 Biosystems and its competitors.
Is T2 Biosystems' Construction In Progress too high?
T2 Biosystems' current Construction In Progress is €0.03 Mil. Overall, T2 Biosystems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does T2 Biosystems' Construction In Progress compare to IDTA and NSTM?
T2 Biosystems' Construction In Progress of €0.03 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Medical Diagnostics & Research company?
A good Construction In Progress depends on the Medical Diagnostics & Research industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on T2 Biosystems and its competitors. T2 Biosystems's current Construction In Progress is €0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T2 Biosystems stock overvalued right now?
T2 Biosystems (HAM:3T2) has a current Construction In Progress of €0.03 Mil. The current Construction In Progress is €0.03 Mil. T2 Biosystems' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For T2 Biosystems (HAM:3T2), the current Construction In Progress is €0.03 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

T2 Biosystems Business Description

Address 101 Hartwell Avenue, Lexington, MA, USA, 02421
T2 Biosystems Inc is a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes. It is dedicated to improving patient care and reducing the cost of care by helping clinicians effectively treat patients faster than ever before. The company's products include the T2Dx Instrument, the T2Bacteria Panel, the T2Candida Panel, the T2Resistance Panel, and the T2Biothreat Panel, and are powered by the proprietary T2 Magnetic Resonance technology.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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