Visa Tax Assets vs Accumulated Other Comprehensive Income Analysis

Tax Assets vs Accumulated Other Comprehensive Income

Tax Assets

A component of Total Assets representing tax assets and receivables.

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Accounts Relationship

Tax Assets vs Accumulated Other Comprehensive Income

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Tax Assets account and Accumulated Other Comprehensive Income

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant