Visa Assets Non Current vs Cash and Equivalents Analysis

Assets Non Current vs Cash and Equivalents

Assets Non Current

Amount of non-current assets, for companies that operate a classified balance sheet. Calculated as the different between Total Assets Total Assets and Current Assets Current Assets

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Accounts Relationship

Assets Non Current vs Cash and Equivalents

Significance: Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Assets Non Current account and Cash and Equivalents

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant