Visa Goodwill and Intangible Assets vs Trade and Non Trade Payables Analysis

Goodwill and Intangible Assets vs Trade and Non Trade Payables

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.

Trade and Non Trade Payables

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

Accounts Relationship

Goodwill and Intangible Assets vs Trade and Non Trade Payables

Significance: Very Strong Relationship

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

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong