Visa Assets Non Current vs Property Plant and Equipment Net Analysis

Assets Non Current vs Property Plant and Equipment Net

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

Property Plant and Equipment Net

A component of Total 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.

Accounts Relationship

Assets Non Current vs Property Plant and Equipment Net

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Assets Non Current account and Property Plant and Equipment Net

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong