Visa Property Plant and Equipment Net vs Goodwill and Intangible Assets Analysis

Property Plant and Equipment Net vs Goodwill and Intangible Assets

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.

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.

Accounts Relationship

Property Plant and Equipment Net vs Goodwill and Intangible Assets

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 Goodwill and Intangible Assets

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant