Peter Delange - ReShape Lifesciences President

RSLS Stock  USD 0.17  0.01  6.25%   

President

Mr. Peter Delange serves as Senior Vice President Operations and Business Development of the Company. Mr. DeLange has served as our Senior Vice President of Operations and Business Development since January 18, 2016 since 2016.
Age 47
Tenure 8 years
Address 1001 Calle Amanecer, San Clemente, CA, United States, 92673
Phone949 429 6680
Webhttps://www.reshapelifesciences.com
DeLange has spent the last 11 years as the owner and President of Devicix, LLC a medical device engineering development company that was sold in 2015. At Devicix, he contracted with large medical device companies and worked closely with individual surgeons to develop new technologies. Since 2011, Mr. DeLange has also served as a CoFounder and Board Member of FocusStart LLC, an early stage technology development company utilizing a capital efficient business model to advance medical technology. Prior to Devicix, he held software engineer and product development positions at numerous companies including ACIST Medical Systems, Nellcor Puritan Bennett, Emerson EMC and Quester Technology.

ReShape Lifesciences Management Efficiency

The company has return on total asset (ROA) of (0.8392) % which means that it has lost $0.8392 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.2059) %, meaning that it created substantial loss on money invested by shareholders. ReShape Lifesciences' management efficiency ratios could be used to measure how well ReShape Lifesciences manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.11 in 2024. Return On Capital Employed is likely to drop to -2.21 in 2024. At this time, ReShape Lifesciences' Total Current Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 4 M in 2024, whereas Other Assets are likely to drop slightly above 111.4 K in 2024.
The company currently holds 262 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. ReShape Lifesciences has a current ratio of 2.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist ReShape Lifesciences until it has trouble settling it off, either with new capital or with free cash flow. So, ReShape Lifesciences' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ReShape Lifesciences sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ReShape to invest in growth at high rates of return. When we think about ReShape Lifesciences' use of debt, we should always consider it together with cash and equity.

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ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. ReShape Lifesciences Inc. was incorporated in 2002 and is headquartered in San Clemente, California. Reshape Lifesciences operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 47 people. ReShape Lifesciences (RSLS) is traded on NASDAQ Exchange in USA. It is located in 1001 Calle Amanecer, San Clemente, CA, United States, 92673 and employs 29 people. ReShape Lifesciences is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

ReShape Lifesciences Leadership Team

Elected by the shareholders, the ReShape Lifesciences' board of directors comprises two types of representatives: ReShape Lifesciences inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ReShape. The board's role is to monitor ReShape Lifesciences' management team and ensure that shareholders' interests are well served. ReShape Lifesciences' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ReShape Lifesciences' outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Delange, Senior Vice President - Operations and Business Development
Jon Tremmel, Independent Director
Barton Bandy, President CEO, Director
DVM DVM, VP Officer
MBA DVM, VP Officer
Scott Youngstrom, CFO, Chief Compliance Officer
Dan Gladney, Chairman of the Board and Presidentident, CEO
Kevin Condrin, Senior Vice President - Commercial
Al Diaz, Vice RD
Thomas Stankovich, Chief Officer
Michael Mashaal, Director
Gary Blackford, Director
Lori McDougal, Director
Arda Minocherhomjee, Independent Director
Jody Dahlman, Director Communications
Katherine Tweden, CoFounder
Paul Hickey, Senior Vice President - Marketing and Reimbursement
Mark Knudson, CoFounder CEO
Naqeeb Ansari, Senior Vice President - Sales
Bobby Griffin, Independent Director

ReShape Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ReShape Lifesciences a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether ReShape Lifesciences is a strong investment it is important to analyze ReShape Lifesciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ReShape Lifesciences' future performance. For an informed investment choice regarding ReShape Stock, refer to the following important reports:
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 tightly coupled 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.
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Is ReShape Lifesciences' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReShape Lifesciences. If investors know ReShape will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReShape Lifesciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.91)
Revenue Per Share
1.457
Quarterly Revenue Growth
(0.36)
Return On Assets
(0.84)
Return On Equity
(2.21)
The market value of ReShape Lifesciences is measured differently than its book value, which is the value of ReShape that is recorded on the company's balance sheet. Investors also form their own opinion of ReShape Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is ReShape Lifesciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReShape Lifesciences' market value can be influenced by many factors that don't directly affect ReShape Lifesciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReShape Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if ReShape Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReShape Lifesciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.