Visa Cash and Equivalents vs Property Plant and Equipment Net Analysis

Cash and Equivalents vs Property Plant and Equipment Net

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.

Property Plant and Equipment Net

A component of Total Assets representing the amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.

Accounts Relationship

Cash and Equivalents vs Property Plant and Equipment Net

Significance: Fragmental Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Cash and Equivalents account and Property Plant and Equipment Net

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak