Visa Total Assets vs Assets Non Current Analysis

V -- USA Stock  

Quarterly Earning Report: October 24, 2019  

Visa financial indicator trend analysis is much more than just breaking down Visa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa is a good investment. Please check the relationship between Visa Total Assets and its Assets Non Current accounts. Also please take a look at World Market Map.

Total Assets vs Assets Non Current

Accounts Relationship

Total Assets vs Assets Non Current

Significance: Very Strong Relationship

Total Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Total Assets account and Assets Non Current

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Visa assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Visa books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are [CashnEq]; [Investments];[Intangibles]; [PPNENet];[TaxAssets] and [Receivables].

Assets Non Current

Amount of non-current assets; for companies that operate a classified balance sheet. Calculated as the different between Total Assets [Assets] and Current Assets [AssetsC].
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