FedEx Other Stockholder Equity vs Cash Analysis

FDX Stock  USD 303.39  0.41  0.14%   
FedEx financial indicator trend analysis is much more than just examining FedEx latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FedEx is a good investment. Please check the relationship between FedEx Other Stockholder Equity and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FedEx's Other Stockholder Equity and Cash is -0.62. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of FedEx are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., FedEx's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of FedEx, which is listed under current asset account on FedEx balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FedEx customers. The amounts must be unrestricted with restricted cash listed in a different FedEx account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from FedEx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FedEx 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.Selling General Administrative is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 964.4 M in 2024.
 2020 2021 2022 2023 (projected)
Gross Profit18.0B20.2B19.2B19.0B
Total Revenue84.0B93.5B90.2B87.7B

FedEx fundamental ratios Correlations

0.970.720.990.930.990.950.950.91.00.480.90.96-0.020.990.690.6-0.860.990.970.9-0.350.80.880.570.69
0.970.60.940.830.981.00.870.840.980.460.840.9-0.230.990.560.52-0.880.990.90.91-0.380.750.910.380.64
0.720.60.750.730.640.580.730.580.70.560.580.820.310.680.820.66-0.660.70.780.38-0.170.760.460.840.87
0.990.940.750.940.970.920.950.90.980.480.90.970.010.960.720.64-0.840.980.980.89-0.310.830.840.60.73
0.930.830.730.940.920.80.990.910.920.410.910.890.250.860.720.58-0.730.890.950.84-0.330.70.760.710.58
0.990.980.640.970.920.960.950.90.990.430.90.91-0.050.980.620.55-0.860.980.940.93-0.360.740.90.510.6
0.951.00.580.920.80.960.850.790.960.480.790.89-0.290.980.530.53-0.90.980.870.9-0.370.740.910.340.64
0.950.870.730.950.990.950.850.870.950.420.870.890.160.90.680.59-0.820.910.930.86-0.340.70.810.670.6
0.90.840.580.90.910.90.790.870.890.281.00.830.170.860.650.38-0.620.870.930.85-0.360.70.710.590.5
1.00.980.70.980.920.990.960.950.890.470.890.94-0.060.990.660.59-0.880.990.960.91-0.350.780.890.540.68
0.480.460.560.480.410.430.480.420.280.470.280.57-0.140.480.560.61-0.470.490.480.29-0.150.630.450.410.69
0.90.840.580.90.910.90.790.871.00.890.280.830.170.860.650.38-0.620.870.930.85-0.360.70.710.590.5
0.960.90.820.970.890.910.890.890.830.940.570.830.040.940.80.68-0.810.950.970.78-0.320.890.810.660.82
-0.02-0.230.310.010.25-0.05-0.290.160.17-0.06-0.140.170.04-0.140.290.060.31-0.110.13-0.190.2-0.06-0.220.62-0.11
0.990.990.680.960.860.980.980.90.860.990.480.860.94-0.140.640.56-0.891.00.940.89-0.360.80.90.480.7
0.690.560.820.720.720.620.530.680.650.660.560.650.80.290.640.71-0.510.660.790.42-0.170.890.460.890.8
0.60.520.660.640.580.550.530.590.380.590.610.380.680.060.560.71-0.490.580.60.460.290.70.510.590.69
-0.86-0.88-0.66-0.84-0.73-0.86-0.9-0.82-0.62-0.88-0.47-0.62-0.810.31-0.89-0.51-0.49-0.88-0.76-0.750.44-0.68-0.79-0.37-0.71
0.990.990.70.980.890.980.980.910.870.990.490.870.95-0.111.00.660.58-0.880.950.89-0.350.810.890.510.71
0.970.90.780.980.950.940.870.930.930.960.480.930.970.130.940.790.6-0.760.950.84-0.340.850.80.690.72
0.90.910.380.890.840.930.90.860.850.910.290.850.78-0.190.890.420.46-0.750.890.84-0.310.60.870.270.4
-0.35-0.38-0.17-0.31-0.33-0.36-0.37-0.34-0.36-0.35-0.15-0.36-0.320.2-0.36-0.170.290.44-0.35-0.34-0.31-0.26-0.35-0.07-0.21
0.80.750.760.830.70.740.740.70.70.780.630.70.89-0.060.80.890.7-0.680.810.850.6-0.260.610.640.9
0.880.910.460.840.760.90.910.810.710.890.450.710.81-0.220.90.460.51-0.790.890.80.87-0.350.610.30.47
0.570.380.840.60.710.510.340.670.590.540.410.590.660.620.480.890.59-0.370.510.690.27-0.070.640.30.62
0.690.640.870.730.580.60.640.60.50.680.690.50.82-0.110.70.80.69-0.710.710.720.4-0.210.90.470.62
Click cells to compare fundamentals

FedEx Account Relationship Matchups

FedEx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets73.5B82.8B86.0B87.1B87.0B91.4B
Short Long Term Debt Total36.1B36.5B37.2B38.3B37.7B39.6B
Other Current Liab5.1B4.5B4.7B4.5B4.8B5.1B
Total Current Liabilities10.3B13.7B14.3B13.6B13.4B14.0B
Total Stockholder Equity18.3B24.2B24.9B26.1B27.6B29.0B
Property Plant And Equipment Net47.5B51.1B54.7B58.0B58.6B61.5B
Net Debt31.2B29.4B30.3B31.5B31.2B32.8B
Retained Earnings25.2B29.8B32.8B35.3B38.6B40.6B
Cash4.9B7.1B6.9B6.8B6.5B6.8B
Non Current Assets Total57.2B62.2B65.6B68.5B68.8B72.2B
Non Currrent Assets Other3.3B4.1B288M4.1B2.5B1.2B
Cash And Short Term Investments4.9B7.1B6.9B6.8B6.5B6.8B
Net Receivables10.1B12.1B11.9B10.2B10.1B10.6B
Common Stock Shares Outstanding262M268M266M256M251M297.3M
Liabilities And Stockholders Equity73.5B82.8B86.0B87.1B87.0B91.4B
Non Current Liabilities Total44.9B44.9B46.8B47.5B46.1B48.4B
Inventory572M587M637M604M614M370.4M
Other Current Assets828M837M968M962M1.0B573.8M
Other Stockholder Equity(5.8B)(4.9B)(6.8B)(7.9B)(9.7B)(9.3B)
Total Liab55.2B58.6B61.1B61.0B59.4B62.4B
Total Current Assets16.4B20.6B20.4B18.6B18.2B19.1B
Short Term Debt2.0B4.7B5B4.9B5.0B5.2B
Intangible Assets322M352M301M234M181M172.0M
Accounts Payable3.3B3.8B4.0B3.8B3.2B2.0B
Good Will6.4B7.0B6.5B6.4B6.4B4.0B
Property Plant And Equipment Gross47.5B51.1B75.3B80.6B101.5B106.6B
Accumulated Other Comprehensive Income(1.1B)(732M)(1.1B)(1.3B)(1.4B)(1.4B)
Other Liab10.8B10.8B12.1B11.7B13.4B14.1B
Other Assets2.9B4.1B4.4B3.8B4.4B4.6B
Long Term Debt21.5B20.7B20.2B20.5B20.1B21.1B
Treasury Stock(9.2B)(8.4B)(10.5B)(11.6B)(10.5B)(10.0B)
Property Plant Equipment33.6B51.1B54.7B40.7B46.8B49.1B
Net Tangible Assets26.2B17.2B18.4B19.7B22.6B17.3B
Retained Earnings Total Equity25.2B29.8B32.8B35.3B40.5B24.7B
Long Term Debt Total22.0B20.7B20.2B20.5B23.5B12.8B
Capital Surpluse3.4B3.5B3.7B3.8B4.3B3.3B

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Additional Tools for FedEx Stock Analysis

When running FedEx's price analysis, check to measure FedEx'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 FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.