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Redsense Medical AB (Redsense Medical AB) Growth Rank : 5 (As of Jun. 08, 2024)


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What is Redsense Medical AB Growth Rank?

Redsense Medical AB has the Growth Rank of 5.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of Redsense Medical AB's Growth Rank

For the Medical Devices subindustry, Redsense Medical AB's Growth Rank, along with its competitors' market caps and Growth Rank 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.

Redsense Medical AB's Growth Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Redsense Medical AB's Growth Rank distribution charts can be found below:

* The bar in red indicates where Redsense Medical AB's Growth Rank falls into.


Redsense Medical AB Growth Rank Related Terms

Thank you for viewing the detailed overview of Redsense Medical AB's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Redsense Medical AB (Redsense Medical AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Redsense Medical AB (OTCPK:RDSNF) » Definitions » Growth Rank
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Traded in Other Exchanges
REDS:Sweden
Address
Box 7088, Halmstad, SWE, 300 07
Website
https://www.redsensemedical.com
Redsense Medical AB manufactures and sells blood loss detection devices in Sweden. The company has developed a monitoring system that can detect the first sign of a blood leak using patented fiber optic technology. The products of the company include Alarm Unit, Venous Needle Patch, Sensor Patch, and others.