Visa Accumulated Other Comprehensive Income vs Current Assets Analysis

Accumulated Other Comprehensive Income vs Current Assets

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Current Assets

Current assets of Visa Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Visa. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Accounts Relationship

Accumulated Other Comprehensive Income vs Current Assets

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Accumulated Other Comprehensive Income account and Current Assets

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak