Visa Total Assets vs Total Liabilities Analysis

Total Assets vs Total Liabilities

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 Inc 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 Cash and Equivalents, Investments,Goodwill and Intangible Assets, Property Plant and Equipment Net,Tax Assets and Trade and Non Trade Receivables.

Total Liabilities

Deferred Income Tax is recorded on Visa Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Visa books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt, [DEFERREDREV], Trade and Non Trade Payables,Deposit Liabilities, and Tax Liabilities.

Accounts Relationship

Total Assets vs Total Liabilities

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Total Assets account and Total Liabilities

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong