Visa Trade and Non Trade Payables vs Property Plant and Equipment Net Analysis

Trade and Non Trade Payables vs Property Plant and Equipment Net

Trade and Non Trade Payables

A component of Total Liabilities representing trade and non-trade payables.

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.

Accounts Relationship

Trade and Non Trade Payables vs Property Plant and Equipment Net

Significance: Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Inc Trade and Non Trade Payables account and Property Plant and Equipment Net

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant