2Seventy Net Debt vs Common Stock Shares Outstanding Analysis

TSVT Stock  USD 3.99  0.03  0.76%   
2Seventy Bio financial indicator trend analysis is way more than just evaluating 2Seventy Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 2Seventy Bio is a good investment. Please check the relationship between 2Seventy Bio Net Debt and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 2Seventy Bio Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 2Seventy Bio's Net Debt and Common Stock Shares Outstanding is -0.64. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of 2Seventy Bio, assuming nothing else is changed. The correlation between historical values of 2Seventy Bio's Net Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of 2Seventy Bio are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., 2Seventy Bio's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from 2Seventy Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 2Seventy Bio current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.Selling General Administrative is likely to gain to about 86.4 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit52.0M65.3M83.5M98.7M
Total Revenue54.5M91.5M100.4M108.8M

2Seventy Bio fundamental ratios Correlations

0.570.7-0.71-0.840.63-0.860.740.480.48-0.64-0.650.680.270.740.850.640.59-0.770.60.7-0.5-0.720.840.40.63
0.570.99-0.33-0.570.99-0.830.960.950.06-0.96-0.830.980.920.960.430.990.93-0.741.00.99-0.98-0.820.860.960.99
0.70.99-0.41-0.650.99-0.90.980.930.15-0.96-0.840.990.860.990.540.990.93-0.80.991.0-0.95-0.870.920.920.99
-0.71-0.33-0.410.93-0.380.63-0.46-0.41-0.460.530.68-0.48-0.16-0.37-0.71-0.36-0.390.78-0.36-0.410.310.35-0.67-0.15-0.38
-0.84-0.57-0.650.93-0.630.81-0.69-0.59-0.290.690.85-0.68-0.34-0.61-0.78-0.6-0.670.83-0.58-0.650.510.64-0.82-0.36-0.63
0.630.990.99-0.38-0.63-0.850.980.940.04-0.96-0.870.980.890.960.461.00.95-0.750.990.99-0.97-0.840.870.931.0
-0.86-0.83-0.90.630.81-0.85-0.87-0.83-0.40.860.77-0.9-0.62-0.91-0.85-0.85-0.850.92-0.85-0.90.750.91-0.99-0.74-0.85
0.740.960.98-0.46-0.690.98-0.870.870.12-0.95-0.880.970.810.970.510.990.91-0.770.970.98-0.94-0.820.890.860.98
0.480.950.93-0.41-0.590.94-0.830.870.13-0.96-0.820.950.930.880.470.920.91-0.810.960.93-0.94-0.780.860.940.94
0.480.060.15-0.46-0.290.04-0.40.120.13-0.230.040.20.020.220.590.07-0.1-0.590.120.15-0.07-0.070.430.120.04
-0.64-0.96-0.960.530.69-0.960.86-0.95-0.96-0.230.88-0.99-0.9-0.93-0.51-0.96-0.880.87-0.97-0.960.970.75-0.91-0.91-0.96
-0.65-0.83-0.840.680.85-0.870.77-0.88-0.820.040.88-0.86-0.7-0.78-0.47-0.84-0.880.75-0.83-0.840.810.7-0.81-0.67-0.87
0.680.980.99-0.48-0.680.98-0.90.970.950.2-0.99-0.860.890.970.540.980.92-0.850.990.99-0.96-0.820.930.930.98
0.270.920.86-0.16-0.340.89-0.620.810.930.02-0.9-0.70.890.810.150.890.79-0.620.920.86-0.96-0.580.680.970.89
0.740.960.99-0.37-0.610.96-0.910.970.880.22-0.93-0.780.970.810.580.980.89-0.790.970.99-0.92-0.870.920.910.96
0.850.430.54-0.71-0.780.46-0.850.510.470.59-0.51-0.470.540.150.580.450.52-0.80.460.54-0.3-0.730.810.320.46
0.640.990.99-0.36-0.61.0-0.850.990.920.07-0.96-0.840.980.890.980.450.93-0.740.990.99-0.97-0.830.870.931.0
0.590.930.93-0.39-0.670.95-0.850.910.91-0.1-0.88-0.880.920.790.890.520.93-0.70.920.93-0.86-0.920.840.840.95
-0.77-0.74-0.80.780.83-0.750.92-0.77-0.81-0.590.870.75-0.85-0.62-0.79-0.8-0.74-0.7-0.78-0.80.710.69-0.96-0.68-0.75
0.61.00.99-0.36-0.580.99-0.850.970.960.12-0.97-0.830.990.920.970.460.990.92-0.780.99-0.98-0.820.880.960.99
0.70.991.0-0.41-0.650.99-0.90.980.930.15-0.96-0.840.990.860.990.540.990.93-0.80.99-0.95-0.870.920.920.99
-0.5-0.98-0.950.310.51-0.970.75-0.94-0.94-0.070.970.81-0.96-0.96-0.92-0.3-0.97-0.860.71-0.98-0.950.69-0.8-0.96-0.97
-0.72-0.82-0.870.350.64-0.840.91-0.82-0.78-0.070.750.7-0.82-0.58-0.87-0.73-0.83-0.920.69-0.82-0.870.69-0.86-0.73-0.84
0.840.860.92-0.67-0.820.87-0.990.890.860.43-0.91-0.810.930.680.920.810.870.84-0.960.880.92-0.8-0.860.770.87
0.40.960.92-0.15-0.360.93-0.740.860.940.12-0.91-0.670.930.970.910.320.930.84-0.680.960.92-0.96-0.730.770.93
0.630.990.99-0.38-0.631.0-0.850.980.940.04-0.96-0.870.980.890.960.461.00.95-0.750.990.99-0.97-0.840.870.93
Click cells to compare fundamentals

2Seventy Bio Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for 2Seventy Stock Analysis

When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.