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Scenario 38: Financial Ratios - Visa Inc. Visa Inc. has provided the following financial data for the fiscal year ended September 30, 2023: Total Assets:

Scenario 38: Financial Ratios - Visa Inc.

Visa Inc. has provided the following financial data for the fiscal year ended September 30, 2023:

  • Total Assets: $90,127 million
  • Total Liabilities: $56,210 million
  • Net Income: $12,896 million
  • Total Revenue: $25,192 million
  • Total Expenses: $12,296 million
  • Average Shareholders' Equity: $33,917 million

Calculate the following financial ratios for Visa Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Visa Inc. based on these ratios.

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