Visa Property Plant and Equipment Net vs Shareholders Equity Analysis

Property Plant and Equipment Net vs Shareholders Equity

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.

Shareholders Equity

A principal component of the balance sheet, in addition to Total Liabilities and Total Assets, that represents the total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent.

Accounts Relationship

Property Plant and Equipment Net vs Shareholders Equity

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 Shareholders Equity

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong