Visa Cash and Equivalents vs Current Liabilities Analysis

Cash and Equivalents vs Current Liabilities

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.

Current Liabilities

The current portion of Total Liabilities, reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Accounts Relationship

Cash and Equivalents vs Current Liabilities

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 Current Liabilities

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant