Visa Goodwill and Intangible Assets vs Total Liabilities Analysis

Goodwill and Intangible Assets vs Total Liabilities

Goodwill and Intangible Assets

A component of Total Assets representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date, net of accumulated amortization and impairment charges.

Total Liabilities

Deferred Income Tax is recorded on Visa Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Visa books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt, [DEFERREDREV], Trade and Non Trade Payables,Deposit Liabilities, and Tax Liabilities.

Accounts Relationship

Goodwill and Intangible Assets vs Total Liabilities

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Goodwill and Intangible Assets account and Total Liabilities

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong