Balance Sheet Dive: ReShape Lifesciences Inc (RSLS)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $2.73 in the prior trading day, ReShape Lifesciences Inc (NASDAQ: RSLS) closed at $2.48, down -9.16%. In other words, the price has decreased by -$9.16 from its previous closing price. On the day, 0.53 million shares were traded. RSLS stock price reached its highest trading level at $2.73 during the session, while it also had its lowest trading level at $2.45.

Ratios:

Our goal is to gain a better understanding of RSLS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSLS now has a Market Capitalization of 5917181 and an Enterprise Value of -554073. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at -0.077 whereas that against EBITDA is 0.088.

Stock Price History:

The Beta on a monthly basis for RSLS is 1.19, which has changed by -0.9917375 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, RSLS has reached a high of $318.86, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is -29.20%, while the 200-Day Moving Average is calculated to be -95.87%.

Shares Statistics:

The stock has traded on average 2.66M shares per day over the past 3-months and 729680 shares per day over the last 10 days, according to various share statistics. A total of 2.39M shares are outstanding, with a floating share count of 2.19M. Insiders hold about 8.37% of the company’s shares, while institutions hold 10.04% stake in the company. Shares short for RSLS as of 1752537600 were 185340 with a Short Ratio of 0.07, compared to 1749772800 on 946969. Therefore, it implies a Short% of Shares Outstanding of 185340 and a Short% of Float of 7.7700000000000005.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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