TriSalus Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total Stockholder Equity 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.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriSalus Life Sciences Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between TriSalus Life's Non Currrent Assets Other and Total Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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 Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of TriSalus Life Sciences are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., TriSalus Life's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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