Visa Cash and Equivalents vs Accumulated Other Comprehensive Income Analysis

Cash and Equivalents vs Accumulated Other Comprehensive Income

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.

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Accounts Relationship

Cash and Equivalents vs Accumulated Other Comprehensive Income

Significance: Strong Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Cash and Equivalents account and Accumulated Other Comprehensive Income

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak