Visa Assets Non Current vs Total Liabilities Analysis

Assets Non Current vs Total Liabilities

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

Total Liabilities

Deferred Income Tax is recorded on Visa Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Visa books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt, [DEFERREDREV], Trade and Non Trade Payables,Deposit Liabilities, and Tax Liabilities.

Accounts Relationship

Assets Non Current vs Total Liabilities

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 Total Liabilities

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong