ReShape Lifesciences Inc.

ReShape Lifesciences Inc.verified

RSLS

Price:

$0.1668

Market Cap:

$4.90M

ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. The company's product portfolio includes Lap-Band System, a minimally invasive long-term treatment of severe obesity and more invasive surgical stapling procedures, such as the gastric bypass or sleeve gastrectomy; and ReShape Vest system, an investigational, minimally invasive, laparoscopically implanted medical device that wraps around the stomach to enable weight loss in obese and morbidly obese patients without cutting or permanently removing portions of the stomach, or bypassing any portion...[Read more]

Industry

Medical - Devices

IPO Date

2016-10-06

Stock Exchange

NASDAQ

Ticker

RSLS

The Current Ratio as of September 2024 (TTM) for ReShape Lifesciences Inc. (RSLS) is 1.90

According to ReShape Lifesciences Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.90. This represents a change of -10.79% compared to the average of 2.13 of the last 4 quarters.

ReShape Lifesciences Inc. (RSLS) Historical Current Ratio (quarterly & annually)

How has RSLS Current Ratio performed in the past?

The mean historical Current Ratio of ReShape Lifesciences Inc. over the last ten years is 3.43. The current 1.90 Current Ratio has changed 5.44% with respect to the historical average. Over the past ten years (40 quarters), RSLS's Current Ratio was at its highest in in the December 2017 quarter at 12.81. The Current Ratio was at its lowest in in the September 2018 quarter at 0.30.

Quarterly (TTM)
Annual

Average

3.43

Median

2.53

Minimum

0.77

Maximum

12.81

ReShape Lifesciences Inc. (RSLS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ReShape Lifesciences Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 435.48%

Maximum Annual Current Ratio = 12.81

Minimum Annual Increase = -98.04%

Minimum Annual Current Ratio = 0.77

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.73105.76%
20221.32-67.90%
20214.13435.48%
20200.77-20.79%
20190.97-6.68%
20181.04-91.86%
201712.81193.77%
20164.3686.26%
20152.34-39.33%
20143.86-98.04%

ReShape Lifesciences Inc. (RSLS) Average Current Ratio

How has RSLS Current Ratio performed in the past?

The current Current Ratio of ReShape Lifesciences Inc. (RSLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.73

5-year avg

1.98

10-year avg

3.43

ReShape Lifesciences Inc. (RSLS) Current Ratio vs. Peers

How is RSLS’s Current Ratio compared to its peers?

ReShape Lifesciences Inc.’s Current Ratio is less than Sintx Technologies, Inc. (1.94), less than Bone Biologics Corporation (11.22), less than Ra Medical Systems, Inc. (2.84), less than Tivic Health Systems, Inc. (7.89), greater than Nuwellis, Inc. (1.20), less than Talis Biomedical Corporation (7.76), greater than Tenon Medical, Inc. (1.20), greater than INVO Bioscience, Inc. (0.30), less than Helius Medical Technologies, Inc. (4.20), less than Heart Test Laboratories, Inc. (4.49), less than NeuroMetrix, Inc. (11.62), less than Inspira Technologies Oxy B.H.N. Ltd. (2.61), greater than OpGen, Inc. (0.05),

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