Visa Assets Non Current vs Trade and Non Trade Payables Analysis

Assets Non Current vs Trade and Non Trade Payables

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

Trade and Non Trade Payables

A component of Total Liabilities representing trade and non-trade payables.

Accounts Relationship

Assets Non Current vs Trade and Non Trade Payables

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 Trade and Non Trade Payables

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong