ReShape Pretax Profit Margin from 2010 to 2024

RSLS Stock  USD 5.55  0.03  0.54%   
ReShape Lifesciences Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin will likely drop to -1.37 in 2024. From the period from 2010 to 2024, ReShape Lifesciences Pretax Profit Margin quarterly data regression had mean square error of  357.20 and mean deviation of  34.48. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(1.31)
Current Value
(1.37)
Quarterly Volatility
37.23149889
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ReShape Lifesciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ReShape Lifesciences' main balance sheet or income statement drivers, such as Interest Expense of 24.7 K, Other Operating Expenses of 26.5 M or Total Operating Expenses of 24.6 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 0.21. ReShape financial statements analysis is a perfect complement when working with ReShape Lifesciences Valuation or Volatility modules.
  
Check out the analysis of ReShape Lifesciences Correlation against competitors.
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Latest ReShape Lifesciences' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of ReShape Lifesciences over the last few years. It is ReShape Lifesciences' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ReShape Lifesciences' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

ReShape Pretax Profit Margin Regression Statistics

Arithmetic Mean(41.83)
Coefficient Of Variation(89.01)
Mean Deviation34.48
Median(29.70)
Standard Deviation37.23
Sample Variance1,386
Range86.0192
R-Value0.87
Mean Square Error357.20
R-Squared0.76
Significance0.000022
Slope7.26
Total Sum of Squares19,407

ReShape Pretax Profit Margin History

2024 -1.37
2023 -1.31
2022 -4.15
2021 -4.56
2020 -1.93
2019 -4.98
2018 -63.81

About ReShape Lifesciences Financial Statements

ReShape Lifesciences shareholders use historical fundamental indicators, such as Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although ReShape Lifesciences investors may analyze each financial statement separately, they are all interrelated. The changes in ReShape Lifesciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on ReShape Lifesciences' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin(1.31)(1.37)

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Additional Tools for ReShape Stock Analysis

When running ReShape Lifesciences' price analysis, check to measure ReShape Lifesciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ReShape Lifesciences is operating at the current time. Most of ReShape Lifesciences' value examination focuses on studying past and present price action to predict the probability of ReShape Lifesciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ReShape Lifesciences' price. Additionally, you may evaluate how the addition of ReShape Lifesciences to your portfolios can decrease your overall portfolio volatility.