Here is a pretty good explanation:
http://www.bfhd.wa.gov/info/tss.php The interpretation is dependent on your reason for taking the test. I (being an aeration/ozone guy) am most interested in TVS and TDS (Total Dissolved Solids) because aeration and or ozone can treat these things. We cannot treat inorganics with our technology. So, if a client has a very high ratio of TSS and low TVS and TDS, I know that there is not much that we can do for them.