Visa Current Assets vs Cash and Equivalents Analysis

V -- USA Stock  

USD 138.39  1.03  0.74%

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

0.82
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

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.

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Also please take a look at World Market Map. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.