Visa Asset Turnover vs Current Assets Analysis

V -- USA Stock  

USD 135.11  1.09  0.80%

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 Asset Turnover and its Current Assets accounts. Also please take a look at World Market Map.

Asset Turnover vs Current Assets

Accounts Relationship

Asset Turnover vs Current Assets

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Asset Turnover account and Current Assets

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Asset Turnover

Asset turnover is a measure of a firms operating efficiency, calculated by dividing Revenues by Average Assets. Often a component of DuPont return on equity analysis.

Current Assets

Current assets of Visa 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.

Did you try this?

Run Idea Analyzer Now
   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Idea Analyzer

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.