TriSalus Interest Expense vs Research Development Analysis

TLSIW Stock   1.00  0.07  7.53%   
TriSalus Life financial indicator trend analysis is much more than just breaking down TriSalus Life Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriSalus Life Sciences is a good investment. Please check the relationship between TriSalus Life Interest Expense and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriSalus Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Interest Expense vs Research Development

Interest Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriSalus Life Sciences Interest Expense account and Research Development. At this time, the significance of the direction appears to have pay attention.
The correlation between TriSalus Life's Interest Expense and Research Development is -0.94. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Research Development in the same time period over historical financial statements of TriSalus Life Sciences, assuming nothing else is changed. The correlation between historical values of TriSalus Life's Interest Expense 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 Interest Expense of TriSalus Life Sciences 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 Interest Expense i.e., TriSalus Life's Interest Expense and Research Development go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Research Development

Most indicators from TriSalus Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriSalus Life Sciences 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TriSalus Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to 7,700 in 2024. Selling General Administrative is likely to drop to about 30.4 M in 2024
 2010 2022 2023 2024 (projected)
Gross Profit7.2M10.1M15.9M12.2M
Total Revenue8.4M12.4M18.5M14.4M

TriSalus Life fundamental ratios Correlations

-0.61-0.93-0.48-0.990.9-0.980.99-0.98-0.95-0.7-0.580.71-0.740.59-0.48-0.981.00.98-0.730.96
-0.610.86-0.390.65-0.220.76-0.630.570.480.0-0.060.120.050.27-0.390.52-0.63-0.67-0.09-0.8
-0.930.860.120.93-0.680.98-0.920.880.810.420.38-0.390.47-0.240.120.86-0.93-0.930.42-0.99
-0.48-0.390.120.45-0.810.3-0.480.540.610.860.67-0.960.86-0.991.00.58-0.47-0.420.95-0.24
-0.990.650.930.45-0.880.99-1.00.990.970.720.48-0.680.76-0.550.450.99-1.0-1.00.69-0.97
0.9-0.22-0.68-0.81-0.88-0.80.89-0.92-0.93-0.89-0.710.94-0.910.88-0.81-0.940.90.86-0.950.76
-0.980.760.980.30.99-0.8-0.980.960.910.590.42-0.550.64-0.420.30.94-0.98-0.990.57-1.0
0.99-0.63-0.92-0.48-1.00.89-0.98-1.0-0.98-0.74-0.480.7-0.780.58-0.48-0.991.01.0-0.720.97
-0.980.570.880.540.99-0.920.96-1.00.990.790.49-0.750.83-0.640.541.0-0.99-0.990.76-0.94
-0.950.480.810.610.97-0.930.91-0.980.990.870.44-0.80.9-0.70.610.99-0.96-0.970.81-0.89
-0.70.00.420.860.72-0.890.59-0.740.790.870.39-0.921.0-0.890.860.82-0.71-0.720.91-0.55
-0.58-0.060.380.670.48-0.710.42-0.480.490.440.39-0.710.44-0.70.670.51-0.54-0.430.73-0.38
0.710.12-0.39-0.96-0.680.94-0.550.7-0.75-0.8-0.92-0.71-0.930.99-0.96-0.780.70.66-1.00.5
-0.740.050.470.860.76-0.910.64-0.780.830.91.00.44-0.93-0.890.860.85-0.75-0.750.93-0.6
0.590.27-0.24-0.99-0.550.88-0.420.58-0.64-0.7-0.89-0.70.99-0.89-0.99-0.680.580.53-0.980.36
-0.48-0.390.121.00.45-0.810.3-0.480.540.610.860.67-0.960.86-0.990.58-0.47-0.420.95-0.24
-0.980.520.860.580.99-0.940.94-0.991.00.990.820.51-0.780.85-0.680.58-0.98-0.980.8-0.92
1.0-0.63-0.93-0.47-1.00.9-0.981.0-0.99-0.96-0.71-0.540.7-0.750.58-0.47-0.980.99-0.720.97
0.98-0.67-0.93-0.42-1.00.86-0.991.0-0.99-0.97-0.72-0.430.66-0.750.53-0.42-0.980.99-0.670.98
-0.73-0.090.420.950.69-0.950.57-0.720.760.810.910.73-1.00.93-0.980.950.8-0.72-0.67-0.52
0.96-0.8-0.99-0.24-0.970.76-1.00.97-0.94-0.89-0.55-0.380.5-0.60.36-0.24-0.920.970.98-0.52
Click cells to compare fundamentals

TriSalus Life Account Relationship Matchups

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