Visa Property Plant and Equipment Net vs Tax Assets Analysis

Property Plant and Equipment Net vs Tax 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.

Tax Assets

A component of Total Assets representing tax assets and receivables.

Accounts Relationship

Property Plant and Equipment Net vs Tax Assets

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 Tax Assets

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak