Visa Current Liabilities vs Cash and Equivalents Analysis

Current Liabilities vs Cash and Equivalents

Current Liabilities

The current portion of Total Liabilities, reported if the company operates a classified balance sheet that segments current and non-current 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.

Accounts Relationship

Current Liabilities vs Cash and Equivalents

Significance: Strong Relationship

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

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant