Visa Current Assets vs Cash and Equivalents Analysis

V -- USA Stock  

USD 149.24  1.82  1.23%

Visa financial indicator trend analysis is much more than just breaking down Visa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa is a good investment. Please check the relationship between Visa Current Assets and its Cash and Equivalents accounts. Also please take a look at World Market Map.

Current Assets vs Cash and Equivalents

Accounts Relationship

Current Assets vs Cash and Equivalents

Significance: Very Strong Relationship

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

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Current Assets

Current assets of Visa include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Visa. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

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.

Did you try this?

Run Pair Correlation Now

   

Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
All  Next Launch Pair Correlation

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Search macroaxis.com