Visa Cash and Equivalents vs Trade and Non Trade Payables Analysis

Cash and Equivalents vs Trade and Non Trade Payables

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.

Trade and Non Trade Payables

A component of Total Liabilities representing trade and non-trade payables.

Accounts Relationship

Cash and Equivalents vs Trade and Non Trade Payables

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 Trade and Non Trade Payables

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak