Visa Property Plant and Equipment Net vs Current Liabilities Analysis

Property Plant and Equipment Net vs Current Liabilities

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.

Current Liabilities

The current portion of Total Liabilities, reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Accounts Relationship

Property Plant and Equipment Net vs Current Liabilities

Significance: Strong 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 Current Liabilities

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant