Visa Shareholders Equity vs Cash and Equivalents Analysis

Shareholders Equity vs Cash and Equivalents

Accounts Relationship

Shareholders Equity vs Cash and Equivalents

Significance: Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Shareholders Equity account and Cash and Equivalents

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

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.

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Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.