Visa Assets Non Current vs Trade and Non Trade Receivables Analysis

Assets Non Current vs Trade and Non Trade Receivables

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 Receivables

A component of Total Assets representing trade and non-trade receivables.

Accounts Relationship

Assets Non Current vs Trade and Non Trade Receivables

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 Receivables

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong