Visa Property Plant and Equipment Net vs Tax Assets 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 Property Plant and Equipment Net and its Tax Assets accounts. Also please take a look at World Market Map.

Property Plant and Equipment Net vs Tax Assets

Accounts Relationship

Property Plant and Equipment Net vs Tax Assets

Significance: Weak Relationship

Property Plant and Equipment Net diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Property Plant and Equipment Net account and Tax Assets

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant and Equipment Net

A component of [Assets] representing the amount after accumulated depreciation; depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.

Tax Assets

A component of [Assets] representing tax assets and receivables.
Search macroaxis.com