Visa Property Plant and Equipment Net vs Accumulated Other Comprehensive Income Analysis

Property Plant and Equipment Net vs Accumulated Other Comprehensive Income

Property Plant and Equipment Net

A component of Total Assets representing the amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Accounts Relationship

Property Plant and Equipment Net vs Accumulated Other Comprehensive Income

Significance: Strong Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Property Plant and Equipment Net account and Accumulated Other Comprehensive Income

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak