Visa Asset Turnover vs Weighted Average Shares Analysis

Asset Turnover vs Weighted Average Shares

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.

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share, determined based on the timing of issuance of shares or units in the period.

Accounts Relationship

Asset Turnover vs Weighted Average Shares

Significance: Weak Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Asset Turnover account and Weighted Average Shares

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak