Visa Goodwill and Intangible Assets 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 Goodwill and Intangible Assets and its Cash and Equivalents accounts. Also please take a look at World Market Map.

Goodwill and Intangible Assets vs Cash and Equivalents

Accounts Relationship

Goodwill and Intangible Assets vs Cash and Equivalents

Significance: Strong Relationship

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

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Goodwill and Intangible Assets

A component of [Assets] representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date; net of accumulated amortization and impairment charges.

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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