Visa Cash and Equivalents vs Tax Liabilities Analysis

Cash and Equivalents vs Tax 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.

Tax Liabilities

A component of Total Liabilities representing outstanding tax liabilities.

Accounts Relationship

Cash and Equivalents vs Tax Liabilities

Significance: Weak Relationship

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

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak