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

Trade and Non Trade Receivables vs Property Plant and Equipment Net

Trade and Non Trade Receivables

A component of Total Assets representing trade and non-trade receivables.

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 Receivables vs Property Plant and Equipment Net

Significance: Very Strong Relationship

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

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong