ReShape Operating Income vs Research Development Analysis

RSLS Stock

USD 5.56 0.19 3.30%

ReShape Lifesciences financial indicator trend analysis is much more than just breaking down ReShape Lifesciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ReShape Lifesciences is a good investment. Please check the relationship between ReShape Lifesciences Operating Income and its Research Development accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReShape Lifesciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy ReShape Stock please use our How to Invest in ReShape Lifesciences guide.

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ReShape Lifesciences Operating Income account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ReShape Lifesciences' Operating Income and Research Development is -0.13. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of ReShape Lifesciences, assuming nothing else is changed. The correlation between historical values of ReShape Lifesciences' Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ReShape Lifesciences are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., ReShape Lifesciences' Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

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Operating Income

Operating Income is the amount of profit realized from ReShape Lifesciences operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ReShape Lifesciences is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Research Development

Most indicators from ReShape Lifesciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ReShape Lifesciences 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReShape Lifesciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy ReShape Stock please use our How to Invest in ReShape Lifesciences guide.At this time, ReShape Lifesciences' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.20 in 2024, whereas Tax Provision is likely to drop (36.8 K) in 2024.

ReShape Lifesciences fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Short Term Debt
Total Assets		0.97	-0.13	0.73	-0.03	0.34	0.57	0.08	-0.36	0.15	0.23	-0.3	0.34	0.21	0.92	0.37	-0.18	0.21	0.25	0.12	0.44	0.04	0.17	-0.31	0.26	0.23
Total Stockholder Equity	0.97		-0.13	0.8	-0.09	0.31	0.37	-0.06	-0.47	0.0	0.21	-0.32	0.27	0.21	0.9	0.42	-0.19	0.2	0.19	0.09	0.34	0.02	0.15	-0.23	0.26	0.18
Retained Earnings	-0.13	-0.13		0.08	0.38	-0.91	-0.08	0.4	-0.06	-0.39	-0.31	-0.22	-0.69	0.47	-0.17	0.25	-0.5	0.48	-0.73	0.52	0.43	-0.04	-0.4	0.51	0.19	0.28
Other Assets	0.73	0.8	0.08		-0.13	0.05	0.11	-0.23	-0.52	-0.37	-0.12	-0.08	-0.09	0.0	0.78	0.29	-0.37	-0.01	-0.14	0.16	0.44	-0.15	-0.14	-0.06	-0.03	0.0
Common Stock Shares Outstanding	-0.03	-0.09	0.38	-0.13		-0.37	0.22	0.32	0.31	-0.12	-0.04	-0.57	-0.44	0.72	-0.31	0.18	-0.05	0.72	-0.38	0.64	0.32	-0.16	-0.07	-0.17	0.66	0.22
Other Stockholder Equity	0.34	0.31	-0.91	0.05	-0.37		0.24	-0.31	0.0	0.39	0.36	0.14	0.76	-0.37	0.35	-0.1	0.4	-0.37	0.78	-0.43	-0.25	0.11	0.44	-0.51	-0.17	-0.17
Total Liab	0.57	0.37	-0.08	0.11	0.22	0.24		0.53	0.24	0.62	0.18	-0.07	0.42	0.1	0.49	0.0	-0.02	0.1	0.35	0.17	0.59	0.11	0.13	-0.41	0.11	0.26
Short Long Term Debt Total	0.08	-0.06	0.4	-0.23	0.32	-0.31	0.53		-0.15	0.31	-0.17	0.14	-0.11	0.18	0.09	-0.1	0.11	0.18	-0.17	0.18	0.54	-0.08	-0.23	0.25	0.03	0.68
Other Current Liab	-0.36	-0.47	-0.06	-0.52	0.31	0.0	0.24	-0.15		0.42	0.45	-0.31	0.2	0.22	-0.52	-0.22	0.17	0.22	0.25	0.12	-0.12	0.05	0.46	-0.22	0.29	-0.53
Total Current Liabilities	0.15	0.0	-0.39	-0.37	-0.12	0.39	0.62	0.31	0.42		0.41	0.02	0.62	-0.05	0.09	-0.36	0.44	-0.04	0.62	-0.34	-0.15	0.09	0.41	-0.25	0.11	-0.04
Property Plant And Equipment Net	0.23	0.21	-0.31	-0.12	-0.04	0.36	0.18	-0.17	0.45	0.41		-0.47	0.57	0.31	0.06	0.11	0.55	0.31	0.58	-0.18	-0.08	-0.08	0.98	0.03	0.48	-0.49
Net Debt	-0.3	-0.32	-0.22	-0.08	-0.57	0.14	-0.07	0.14	-0.31	0.02	-0.47		0.2	-0.92	0.08	-0.5	0.06	-0.93	0.19	-0.49	0.05	0.08	-0.4	0.23	-0.95	0.07
Accounts Payable	0.34	0.27	-0.69	-0.09	-0.44	0.76	0.42	-0.11	0.2	0.62	0.57	0.2		-0.38	0.4	-0.19	0.39	-0.38	0.96	-0.57	-0.09	0.34	0.56	-0.21	-0.18	-0.3
Cash	0.21	0.21	0.47	0.0	0.72	-0.37	0.1	0.18	0.22	-0.05	0.31	-0.92	-0.38		-0.16	0.47	-0.07	1.0	-0.36	0.6	0.11	-0.16	0.24	-0.03	0.94	0.15
Non Current Assets Total	0.92	0.9	-0.17	0.78	-0.31	0.35	0.49	0.09	-0.52	0.09	0.06	0.08	0.4	-0.16		0.19	-0.19	-0.16	0.3	-0.08	0.49	0.06	0.02	-0.14	-0.12	0.21
Non Currrent Assets Other	0.37	0.42	0.25	0.29	0.18	-0.1	0.0	-0.1	-0.22	-0.36	0.11	-0.5	-0.19	0.47	0.19		-0.43	0.45	-0.31	0.4	0.09	0.36	0.02	-0.3	0.37	0.27
Long Term Debt	-0.18	-0.19	-0.5	-0.37	-0.05	0.4	-0.02	0.11	0.17	0.44	0.55	0.06	0.39	-0.07	-0.19	-0.43		-0.07	0.45	-0.49	-0.24	-0.34	0.61	0.21	0.12	-0.31
Cash And Short Term Investments	0.21	0.2	0.48	-0.01	0.72	-0.37	0.1	0.18	0.22	-0.04	0.31	-0.93	-0.38	1.0	-0.16	0.45	-0.07		-0.36	0.6	0.11	-0.16	0.24	-0.03	0.94	0.15
Net Receivables	0.25	0.19	-0.73	-0.14	-0.38	0.78	0.35	-0.17	0.25	0.62	0.58	0.19	0.96	-0.36	0.3	-0.31	0.45	-0.36		-0.55	-0.16	0.16	0.61	-0.19	-0.14	-0.37
Common Stock Total Equity	0.12	0.09	0.52	0.16	0.64	-0.43	0.17	0.18	0.12	-0.34	-0.18	-0.49	-0.57	0.6	-0.08	0.4	-0.49	0.6	-0.55		0.39	-0.26	-0.23	-0.22	0.45	0.35
Non Current Liabilities Total	0.44	0.34	0.43	0.44	0.32	-0.25	0.59	0.54	-0.12	-0.15	-0.08	0.05	-0.09	0.11	0.49	0.09	-0.24	0.11	-0.16	0.39		-0.15	-0.13	0.16	-0.05	0.29
Other Current Assets	0.04	0.02	-0.04	-0.15	-0.16	0.11	0.11	-0.08	0.05	0.09	-0.08	0.08	0.34	-0.16	0.06	0.36	-0.34	-0.16	0.16	-0.26	-0.15		-0.14	-0.28	-0.18	0.1
Property Plant And Equipment Gross	0.17	0.15	-0.4	-0.14	-0.07	0.44	0.13	-0.23	0.46	0.41	0.98	-0.4	0.56	0.24	0.02	0.02	0.61	0.24	0.61	-0.23	-0.13	-0.14		0.01	0.41	-0.52
Preferred Stock Total Equity	-0.31	-0.23	0.51	-0.06	-0.17	-0.51	-0.41	0.25	-0.22	-0.25	0.03	0.23	-0.21	-0.03	-0.14	-0.3	0.21	-0.03	-0.19	-0.22	0.16	-0.28	0.01		-0.16	-0.12
Total Current Assets	0.26	0.26	0.19	-0.03	0.66	-0.17	0.11	0.03	0.29	0.11	0.48	-0.95	-0.18	0.94	-0.12	0.37	0.12	0.94	-0.14	0.45	-0.05	-0.18	0.41	-0.16		0.01
Short Term Debt	0.23	0.18	0.28	0.0	0.22	-0.17	0.26	0.68	-0.53	-0.04	-0.49	0.07	-0.3	0.15	0.21	0.27	-0.31	0.15	-0.37	0.35	0.29	0.1	-0.52	-0.12	0.01

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ReShape Lifesciences Account Relationship Matchups

ReShape Lifesciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.7M	37.1M	54.3M	11.1M	10.7M	10.1M
Total Stockholder Equity	24.1M	14.5M	46.1M	3.7M	6.7M	6.3M
Retained Earnings	(493.2M)	(514.8M)	(576.8M)	(624.2M)	(635.6M)	(603.8M)
Other Assets	99K	46K	1.5M	102K	117.3K	111.4K
Common Stock Shares Outstanding	31.4K	26.0K	3.8K	7.3K	102.7K	128.9K
Liabilities And Stockholders Equity	39.7M	37.1M	54.3M	11.1M	10.7M	10.1M
Other Stockholder Equity	517.3M	529.4M	622.4M	627.9M	642.3M	323.4M
Total Liab	15.6M	22.6M	8.2M	7.5M	4M	3.8M
Short Long Term Debt Total	3.0M	9.5M	279K	171K	262K	248.9K
Other Current Liab	5.6M	7.2M	3.2M	5.1M	1.8M	3.3M
Total Current Liabilities	10.4M	11.6M	7.3M	7.5M	3.8M	6.0M
Property Plant And Equipment Net	774K	1.0M	1.7M	869K	310K	600.4K
Net Debt	(2.2M)	(2.5M)	(22.5M)	(3.7M)	(4.2M)	(4.4M)
Accounts Payable	4.3M	3.7M	3.5M	1.9M	1.7M	1.3M
Cash	2.9M	3.0M	22.8M	3.9M	4.5M	4.2M
Non Current Assets Total	29.5M	28.1M	24.0M	1.2M	367K	348.7K
Non Currrent Assets Other	562.9K	99K	46K	1.5M	29K	27.6K
Cash And Short Term Investments	2.9M	3.0M	22.8M	3.9M	4.5M	4.2M
Net Receivables	4.1M	2.6M	2.8M	2.2M	1.7M	997.2K
Non Current Liabilities Total	5.2M	11.0M	855K	2.6M	223K	211.9K
Other Current Assets	1.7M	1.1M	1.4M	265K	437K	415.2K
Property Plant And Equipment Gross	774K	1.0M	1.7M	1.2M	400K	618.1K
Total Current Assets	10.1M	8.9M	30.3M	9.9M	10.3M	16.2M
Accumulated Other Comprehensive Income	(8K)	(121K)	(92K)	(88K)	(79.2K)	(83.2K)
Short Term Debt	291K	314K	558K	342K	222K	210.9K
Common Stock	8K	6K	18K	1K	23K	21.9K
Property Plant Equipment	16K	584K	1.7M	869K	782.1K	565.6K
Other Liab	6.2M	4.7M	1.6M	855K	983.3K	934.1K
Current Deferred Revenue	352K	202K	398K	549K	44K	46.2K
Inventory	1.3M	2.2M	3.0M	3.6M	3.7M	3.9M
Net Tangible Assets	(4.6M)	(12.5M)	25.2M	3.4M	3.1M	4.0M
Retained Earnings Total Equity	(334.8M)	(419.0M)	(493.2M)	(514.8M)	(463.3M)	(486.5M)
Capital Surpluse	410.8M	450.6M	517.3M	529.4M	608.8M	386.1M
Deferred Long Term Liab	5.3M	1.8M	702K	615K	707.3K	929.9K
Intangible Assets	28.7M	27.0M	20.8M	260K	299K	284.1K

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