Injuries to key players and loss of form have taken their toll on the Reds this season and they lie sixth on the league table going into their weekend fixture against bottom side Sheffield United.
Liverpool have lost four Premier League games on the bounce and face a fight to make the top four this season.
Despite their current struggles, Klopp insists the story would have been different had Liverpool had the full complement of their squad and the former Borussia Dortmund manager has dismissed suggestions a major overhaul of his side is needed to challenge for major honours again.
Speaking on Friday, Klopp told reporters: “What is a rebuild? Ten out, 10 in? Changes to the [starting] XI? Which XI?!
“I don’t think it’s a time for a massive rebuild, like six or seven out, running contracts but trying to get rid of them and bring in all new faces.
“This squad, this year, didn’t have the chance to play together once, really. I think it would make sense to have a look at that!
“But on top of that yes, little readjustments will happen. Reacting to the situation but at the same time planning for the future. I’m not sure if we can do that in the summer, to be honest, but that’s what we will try.”