Visa Assets Non Current vs Cash and Equivalents Analysis

V -- USA Stock  

Quarterly Earning Report: October 24, 2019  

Visa financial indicator trend analysis is much more than just breaking down Visa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa is a good investment. Please check the relationship between Visa Assets Non Current and its Cash and Equivalents accounts. Also please take a look at World Market Map.

Assets Non Current vs Cash and Equivalents

Accounts Relationship

Assets Non Current vs Cash and Equivalents

Significance: Fragmental Relationship

Assets Non Current diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Assets Non Current account and Cash and Equivalents

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Assets Non Current

Amount of non-current assets; for companies that operate a classified balance sheet. Calculated as the different between Total Assets [Assets] and Current Assets [AssetsC].

Cash and Equivalents

A component of [Assets] representing the amount of currency on hand as well as demand deposits with banks or financial institutions.
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