Visa Cash and Equivalents vs Assets Non Current Analysis

Cash and Equivalents vs Assets Non Current

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.

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

Accounts Relationship

Cash and Equivalents vs Assets Non Current

Significance: Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Cash and Equivalents account and Assets Non Current

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant