TriSalus Issuance Of Capital Stock vs Change In Working Capital 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 Issuance Of Capital Stock and its Change In Working Capital 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.

Issuance Of Capital Stock vs Change In Working Capital

Issuance Of Capital Stock vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriSalus Life Sciences Issuance Of Capital Stock account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between TriSalus Life's Issuance Of Capital Stock and Change In Working Capital is -0.87. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Change In Working Capital 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 Issuance Of Capital Stock and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of TriSalus Life Sciences are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Issuance Of Capital Stock i.e., TriSalus Life's Issuance Of Capital Stock and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Issuance Of Capital Stock

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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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