Visa Property Plant and Equipment Net vs Cash and Equivalents Analysis

Property Plant and Equipment Net vs Cash and Equivalents

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.

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

Property Plant and Equipment Net vs Cash and Equivalents

Significance: Fragmental 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 Cash and Equivalents

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak