Visa Property Plant and Equipment Net vs Accumulated Retained Earnings Deficit Analysis

Property Plant and Equipment Net vs Accumulated Retained Earnings Deficit

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 Retained Earnings Deficit

A component of Shareholders Equity representing the cumulative amount of the entities undistributed earnings or deficit. May only be reported annually by certain companies, rather than quarterly.

Accounts Relationship

Property Plant and Equipment Net vs Accumulated Retained Earnings Deficit

Significance: Almost Identical Trend

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 Retained Earnings Deficit

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong