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Reshape Lifesciences (STU:24O0) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Reshape Lifesciences Debt-to-Equity?

Reshape Lifesciences's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.10 Mil. Reshape Lifesciences's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.12 Mil. Reshape Lifesciences's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4.17 Mil. Reshape Lifesciences's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Reshape Lifesciences's Debt-to-Equity or its related term are showing as below:

STU:24O0' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.54   Med: 0.04   Max: 4.91
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Reshape Lifesciences was 4.91. The lowest was -8.54. And the median was 0.04.

STU:24O0's Debt-to-Equity is ranked better than
83.73% of 707 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs STU:24O0: 0.05

Reshape Lifesciences Debt-to-Equity Historical Data

The historical data trend for Reshape Lifesciences's Debt-to-Equity 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.

* Premium members only.

Reshape Lifesciences Debt-to-Equity Chart

Reshape Lifesciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.92 0.01 0.05 0.04

Reshape Lifesciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 0.01 0.05 0.09 0.04 0.05

Competitive Comparison of Reshape Lifesciences's Debt-to-Equity

For the Medical Devices subindustry, Reshape Lifesciences's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reshape Lifesciences's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Reshape Lifesciences's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reshape Lifesciences's Debt-to-Equity falls into.



Reshape Lifesciences Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reshape Lifesciences's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Reshape Lifesciences's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Reshape Lifesciences  (STU:24O0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Reshape Lifesciences Debt-to-Equity Related Terms

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Reshape Lifesciences (STU:24O0) Business Description

Traded in Other Exchanges
Address
1001 Calle Amanecer, San Clemente, CA, USA, 92673
Reshape Lifesciences Inc is a developer of minimally invasive medical devices to treat obesity and metabolic diseases. The company's current portfolio includes the LAP-BAND, an Adjustable Gastric Banding System, ReShapeCare virtual health coaching program, ReShape Market Place, including ReShape Optimize a supplemental multivitamin, the Obalon Balloon System, the first and only swallowable gas-filled balloon system, and the Diabetes Bloc-Stim Neuromodulation, a technology under development as a new treatment for type 2 diabetes mellitus.

Reshape Lifesciences (STU:24O0) Headlines

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