Visa Tax Provision vs Income Tax Expense Analysis

V Stock  USD 313.79  1.41  0.45%   
Visa financial indicator trend analysis is much more than just breaking down Visa Class A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa Class A is a good investment. Please check the relationship between Visa Tax Provision and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Visa Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Tax Provision vs Income Tax Expense

Tax Provision vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Visa Class A Tax Provision account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Visa's Tax Provision and Income Tax Expense is 0.7. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Visa Class A, assuming nothing else is changed. The correlation between historical values of Visa's Tax Provision and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Visa Class A are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Tax Provision i.e., Visa's Tax Provision and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Tax Expense

Most indicators from Visa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visa Class A current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Visa Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Sales General And Administrative To Revenue is likely to climb to 0.1 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit23.6B26.1B28.9B30.3B
Total Revenue29.3B32.7B35.9B37.7B

Visa fundamental ratios Correlations

0.80.670.750.90.680.90.990.70.93-0.710.940.56-0.130.880.86-0.210.890.350.930.550.720.870.680.780.58
0.80.270.410.940.30.630.830.330.69-0.460.630.190.150.510.550.30.740.280.830.190.410.480.350.70.61
0.670.270.960.50.610.60.620.860.6-0.630.610.9-0.120.880.89-0.570.51-0.120.660.930.860.780.950.40.47
0.750.410.960.60.610.710.690.890.7-0.610.670.94-0.070.930.97-0.470.64-0.110.730.930.930.810.940.450.59
0.90.940.50.60.470.70.930.470.76-0.60.740.370.140.690.710.070.810.290.90.410.530.650.560.770.61
0.680.30.610.610.470.570.720.570.63-0.60.820.410.050.80.65-0.370.670.520.440.470.510.890.670.680.11
0.90.630.60.710.70.570.840.80.99-0.680.910.6-0.440.840.84-0.350.80.350.840.50.780.850.550.60.46
0.990.830.620.690.930.720.840.620.89-0.710.930.46-0.040.840.8-0.150.890.430.90.490.630.850.650.830.52
0.70.330.860.890.470.570.80.620.77-0.730.70.89-0.310.890.91-0.60.550.030.70.810.940.820.830.410.36
0.930.690.60.70.760.630.990.890.77-0.730.940.56-0.360.850.84-0.320.810.390.870.480.740.880.560.710.44
-0.71-0.46-0.63-0.61-0.6-0.6-0.68-0.71-0.73-0.73-0.72-0.50.14-0.72-0.680.56-0.43-0.25-0.71-0.52-0.54-0.73-0.64-0.74-0.04
0.940.630.610.670.740.820.910.930.70.94-0.720.48-0.260.870.79-0.330.860.530.790.460.660.940.610.760.37
0.560.190.90.940.370.410.60.460.890.56-0.50.48-0.150.80.87-0.590.42-0.310.580.960.910.650.850.180.49
-0.130.15-0.12-0.070.140.05-0.44-0.04-0.31-0.360.14-0.26-0.15-0.13-0.120.38-0.08-0.07-0.16-0.05-0.24-0.180.120.17-0.03
0.880.510.880.930.690.80.840.840.890.85-0.720.870.8-0.130.97-0.460.790.220.780.80.880.970.880.630.48
0.860.550.890.970.710.650.840.80.910.84-0.680.790.87-0.120.97-0.420.760.070.820.840.930.890.890.560.58
-0.210.3-0.57-0.470.07-0.37-0.35-0.15-0.6-0.320.56-0.33-0.590.38-0.46-0.420.020.07-0.16-0.62-0.41-0.47-0.47-0.090.29
0.890.740.510.640.810.670.80.890.550.81-0.430.860.42-0.080.790.760.020.480.740.410.650.80.560.580.65
0.350.28-0.12-0.110.290.520.350.430.030.39-0.250.53-0.31-0.070.220.070.070.480.14-0.32-0.020.43-0.040.43-0.23
0.930.830.660.730.90.440.840.90.70.87-0.710.790.58-0.160.780.82-0.160.740.140.550.710.710.640.710.64
0.550.190.930.930.410.470.50.490.810.48-0.520.460.96-0.050.80.84-0.620.41-0.320.550.830.650.90.230.45
0.720.410.860.930.530.510.780.630.940.74-0.540.660.91-0.240.880.93-0.410.65-0.020.710.830.780.840.310.56
0.870.480.780.810.650.890.850.850.820.88-0.730.940.65-0.180.970.89-0.470.80.430.710.650.780.780.690.33
0.680.350.950.940.560.670.550.650.830.56-0.640.610.850.120.880.89-0.470.56-0.040.640.90.840.780.480.43
0.780.70.40.450.770.680.60.830.410.71-0.740.760.180.170.630.56-0.090.580.430.710.230.310.690.480.17
0.580.610.470.590.610.110.460.520.360.44-0.040.370.49-0.030.480.580.290.65-0.230.640.450.560.330.430.17
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Visa Account Relationship Matchups

Visa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets80.9B82.9B85.5B90.5B94.5B55.4B
Short Long Term Debt Total24.1B21.0B22.5B20.5B20.8B13.6B
Other Current Liab6.0B14.1B17.9B21.2B26.0B27.3B
Total Current Liabilities14.5B15.7B20.9B23.1B26.5B27.8B
Total Stockholder Equity36.2B37.6B35.6B38.7B39.1B29.1B
Net Debt7.8B4.5B6.8B4.2B8.9B9.3B
Cash16.3B16.5B15.7B16.3B12.0B7.4B
Non Current Assets Total53.3B55.3B55.3B57.0B60.5B38.4B
Non Currrent Assets Other6.6B7.2B7.1B7.4B8.3B8.7B
Cash And Short Term Investments20.0B18.5B18.5B20.1B15.2B9.6B
Common Stock Shares Outstanding2.2B2.2B2.1B2.1B2.0B2.2B
Liabilities And Stockholders Equity80.9B82.9B85.5B90.5B94.5B55.4B
Non Current Liabilities Total30.2B29.6B29.1B28.7B28.9B15.8B
Other Current Assets4.7B5.4B7.7B8.9B11.8B12.4B
Other Stockholder Equity16.7B(3.2B)(2.4B)(140M)21.2B22.3B
Total Liab44.7B45.3B49.9B51.8B55.4B58.1B
Total Current Assets27.6B27.6B30.2B33.5B34.0B35.7B
Short Term Debt3.0B999M2.3B106M121.9M115.8M
Other Liab8.7B9.6B8.9B7.5B8.6B6.7B
Retained Earnings14.1B15.4B16.1B18.0B17.3B10.2B
Accounts Payable174M266M340M375M479M503.0M
Other Assets6.6B7.2B7.1B7.0B8.1B8.5B
Long Term Debt21.1B20.0B20.2B20.5B20.8B21.9B
Net Receivables2.9B3.7B4.0B4.5B7.0B7.4B
Short Term Investments3.8B2.0B2.8B3.8B3.2B2.3B
Inventory3.5B4.0B6.5B4.8B5.5B3.7B
Accumulated Other Comprehensive Income354M436M(2.4B)(1.3B)(412M)(391.4M)
Property Plant Equipment2.7B2.7B3.2B2.1B2.4B2.0B
Property Plant And Equipment Net2.7B2.7B3.2B3.4B3.8B2.3B
Good Will15.9B16.0B17.8B18.0B18.9B15.4B
Property Plant And Equipment Gross2.7B7.7B8.9B8.8B9.3B9.8B
Preferred Stock Total Equity5.5B5.1B3.1B2.3B2.1B2.0B
Intangible Assets27.8B27.7B25.1B26.1B26.9B21.6B
Common Stock194K21.9B21.9B22.2B25.5B26.7B
Net Tangible Assets(12.6B)(9.1B)(9.6B)(8.9B)(8.0B)(7.6B)
Retained Earnings Total Equity13.5B14.1B15.4B16.1B18.5B11.0B
Long Term Debt Total16.7B21.1B20.0B20.2B23.2B15.5B
Capital Surpluse16.5B16.7B18.9B19.5B17.6B14.8B

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Additional Tools for Visa Stock Analysis

When running Visa's price analysis, check to measure Visa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Visa is operating at the current time. Most of Visa's value examination focuses on studying past and present price action to predict the probability of Visa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visa's price. Additionally, you may evaluate how the addition of Visa to your portfolios can decrease your overall portfolio volatility.