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

Tax Assets vs Property Plant and Equipment Net

Accounts Relationship

Tax Assets vs Property Plant and Equipment Net

Significance: Weak Relationship

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

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Tax Assets

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

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.
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