FedEx Accounts Payable vs Total Assets Analysis

FDX Stock

USD 250.27 2.22 0.89%

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 Accounts Payable and its Total Assets 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.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between FedEx's Accounts Payable and Total Assets is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of FedEx are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., FedEx's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Accounts Payable

An accounting item on the balance sheet that represents FedEx obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FedEx are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of FedEx assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FedEx books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.Issuance Of Capital Stock is likely to rise to about 290.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 B in 2024.

	2020	2021	2022	2024 (projected)
Gross Profit	18.0B	20.2B	19.2B	5.7B
Total Revenue	84.0B	93.5B	90.2B	7.1B

Gross Profit Total Revenue

FedEx fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock	Good Will
Total Assets		0.97	0.88	0.99	0.95	0.99	0.96	0.97	0.92	1.0	0.74	0.92	0.96	0.13	0.99	0.65	0.58	-0.83	0.99	0.98	0.93	-0.34	0.98	0.88	0.55	0.65
Short Long Term Debt Total	0.97		0.81	0.95	0.86	0.98	1.0	0.89	0.87	0.98	0.72	0.87	0.92	-0.07	0.99	0.54	0.52	-0.85	0.99	0.92	0.95	-0.37	0.94	0.91	0.37	0.62
Other Current Liab	0.88	0.81		0.88	0.88	0.86	0.79	0.89	0.82	0.87	0.9	0.82	0.85	0.27	0.85	0.59	0.53	-0.71	0.86	0.87	0.74	-0.26	0.89	0.69	0.62	0.64
Total Current Liabilities	0.99	0.95	0.88		0.96	0.98	0.93	0.97	0.92	0.99	0.73	0.92	0.97	0.15	0.97	0.67	0.62	-0.82	0.98	0.98	0.92	-0.31	0.99	0.85	0.57	0.68
Total Stockholder Equity	0.95	0.86	0.88	0.96		0.93	0.82	0.99	0.93	0.94	0.72	0.93	0.91	0.39	0.89	0.69	0.58	-0.68	0.91	0.96	0.86	-0.32	0.93	0.77	0.68	0.56
Property Plant And Equipment Net	0.99	0.98	0.86	0.98	0.93		0.96	0.96	0.92	1.0	0.73	0.92	0.93	0.11	0.99	0.6	0.54	-0.8	0.99	0.96	0.95	-0.35	0.95	0.9	0.49	0.58
Net Debt	0.96	1.0	0.79	0.93	0.82	0.96		0.87	0.82	0.97	0.73	0.82	0.91	-0.13	0.99	0.52	0.53	-0.87	0.98	0.9	0.95	-0.36	0.92	0.92	0.34	0.62
Retained Earnings	0.97	0.89	0.89	0.97	0.99	0.96	0.87		0.91	0.96	0.75	0.91	0.93	0.32	0.92	0.68	0.59	-0.75	0.94	0.96	0.87	-0.33	0.95	0.81	0.65	0.6
Cash	0.92	0.87	0.82	0.92	0.93	0.92	0.82	0.91		0.91	0.58	1.0	0.85	0.3	0.88	0.6	0.39	-0.6	0.89	0.94	0.84	-0.36	0.88	0.74	0.56	0.47
Non Current Assets Total	1.0	0.98	0.87	0.99	0.94	1.0	0.97	0.96	0.91		0.75	0.91	0.96	0.1	0.99	0.63	0.58	-0.84	1.0	0.97	0.94	-0.34	0.98	0.89	0.52	0.64
Non Currrent Assets Other	0.74	0.72	0.9	0.73	0.72	0.73	0.73	0.75	0.58	0.75		0.58	0.73	0.07	0.73	0.44	0.55	-0.68	0.74	0.7	0.69	-0.26	0.74	0.7	0.43	0.58
Cash And Short Term Investments	0.92	0.87	0.82	0.92	0.93	0.92	0.82	0.91	1.0	0.91	0.58		0.85	0.3	0.88	0.6	0.39	-0.6	0.89	0.94	0.84	-0.36	0.88	0.74	0.56	0.47
Net Receivables	0.96	0.92	0.85	0.97	0.91	0.93	0.91	0.93	0.85	0.96	0.73	0.85		0.15	0.95	0.74	0.67	-0.84	0.96	0.98	0.86	-0.33	0.98	0.84	0.64	0.77
Common Stock Shares Outstanding	0.13	-0.07	0.27	0.15	0.39	0.11	-0.13	0.32	0.3	0.1	0.07	0.3	0.15		0.02	0.38	0.15	0.24	0.04	0.25	-0.04	0.15	0.15	-0.09	0.73	-0.03
Non Current Liabilities Total	0.99	0.99	0.85	0.97	0.89	0.99	0.99	0.92	0.88	0.99	0.73	0.88	0.95	0.02		0.61	0.55	-0.86	1.0	0.95	0.93	-0.35	0.96	0.9	0.47	0.66
Inventory	0.65	0.54	0.59	0.67	0.69	0.6	0.52	0.68	0.6	0.63	0.44	0.6	0.74	0.38	0.61		0.73	-0.58	0.62	0.73	0.47	-0.18	0.7	0.48	0.89	0.82
Other Current Assets	0.58	0.52	0.53	0.62	0.58	0.54	0.53	0.59	0.39	0.58	0.55	0.39	0.67	0.15	0.55	0.73		-0.54	0.57	0.59	0.57	0.27	0.62	0.54	0.6	0.72
Other Stockholder Equity	-0.83	-0.85	-0.71	-0.82	-0.68	-0.8	-0.87	-0.75	-0.6	-0.84	-0.68	-0.6	-0.84	0.24	-0.86	-0.58	-0.54		-0.86	-0.76	-0.73	0.43	-0.86	-0.75	-0.37	-0.8
Total Liab	0.99	0.99	0.86	0.98	0.91	0.99	0.98	0.94	0.89	1.0	0.74	0.89	0.96	0.04	1.0	0.62	0.57	-0.86		0.96	0.93	-0.35	0.97	0.9	0.49	0.67
Total Current Assets	0.98	0.92	0.87	0.98	0.96	0.96	0.9	0.96	0.94	0.97	0.7	0.94	0.98	0.25	0.95	0.73	0.59	-0.76	0.96		0.88	-0.34	0.98	0.83	0.66	0.68
Short Term Debt	0.93	0.95	0.74	0.92	0.86	0.95	0.95	0.87	0.84	0.94	0.69	0.84	0.86	-0.04	0.93	0.47	0.57	-0.73	0.93	0.88		-0.3	0.86	0.91	0.3	0.47
Intangible Assets	-0.34	-0.37	-0.26	-0.31	-0.32	-0.35	-0.36	-0.33	-0.36	-0.34	-0.26	-0.36	-0.33	0.15	-0.35	-0.18	0.27	0.43	-0.35	-0.34	-0.3		-0.34	-0.34	-0.06	-0.22
Accounts Payable	0.98	0.94	0.89	0.99	0.93	0.95	0.92	0.95	0.88	0.98	0.74	0.88	0.98	0.15	0.96	0.7	0.62	-0.86	0.97	0.98	0.86	-0.34		0.83	0.61	0.75
Current Deferred Revenue	0.88	0.91	0.69	0.85	0.77	0.9	0.92	0.81	0.74	0.89	0.7	0.74	0.84	-0.09	0.9	0.48	0.54	-0.75	0.9	0.83	0.91	-0.34	0.83		0.3	0.49
Common Stock	0.55	0.37	0.62	0.57	0.68	0.49	0.34	0.65	0.56	0.52	0.43	0.56	0.64	0.73	0.47	0.89	0.6	-0.37	0.49	0.66	0.3	-0.06	0.61	0.3		0.63
Good Will	0.65	0.62	0.64	0.68	0.56	0.58	0.62	0.6	0.47	0.64	0.58	0.47	0.77	-0.03	0.66	0.82	0.72	-0.8	0.67	0.68	0.47	-0.22	0.75	0.49	0.63

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FedEx Account Relationship Matchups

FedEx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	73.5B	82.8B	86.0B	87.1B	100.2B	105.2B
Short Long Term Debt Total	36.1B	36.5B	37.2B	38.3B	44.1B	46.3B
Other Current Liab	5.1B	7.5B	3.6B	7.2B	8.3B	8.7B
Total Current Liabilities	10.3B	13.7B	14.3B	13.6B	15.6B	16.4B
Total Stockholder Equity	18.3B	24.2B	24.9B	26.1B	30.0B	31.5B
Property Plant And Equipment Net	47.5B	51.1B	54.7B	58.0B	66.8B	70.1B
Net Debt	31.2B	29.4B	30.3B	31.5B	36.2B	38.0B
Retained Earnings	25.2B	29.8B	32.8B	35.3B	40.5B	42.6B
Cash	4.9B	7.1B	6.9B	6.8B	7.8B	8.2B
Non Current Assets Total	57.2B	62.2B	65.6B	68.5B	78.8B	82.8B
Non Currrent Assets Other	3.3B	4.1B	288M	4.1B	4.7B	4.9B
Cash And Short Term Investments	4.9B	7.1B	6.9B	6.8B	7.8B	8.2B
Net Receivables	10.1B	12.0B	11.9B	10.2B	11.7B	12.3B
Common Stock Shares Outstanding	262M	268M	266M	256M	294.4M	297.9M
Liabilities And Stockholders Equity	73.5B	82.8B	86.0B	87.1B	100.2B	105.2B
Non Current Liabilities Total	44.9B	44.9B	46.8B	47.5B	54.6B	57.3B
Inventory	572M	587M	637M	604M	694.6M	362.3M
Other Current Assets	828M	929M	968M	962M	1.1B	562.5M
Other Stockholder Equity	(5.8B)	(4.9B)	(6.8B)	(7.9B)	(7.1B)	(6.7B)
Total Liab	55.2B	58.6B	61.1B	61.0B	70.2B	73.7B
Total Current Assets	16.4B	20.6B	20.4B	18.6B	21.4B	22.4B
Short Term Debt	2.0B	2.4B	2.5B	2.5B	2.9B	3.0B
Intangible Assets	322M	352M	301M	234M	210.6M	200.1M
Accounts Payable	3.3B	3.8B	4.0B	3.8B	4.4B	4.6B
Good Will	6.4B	7.0B	6.5B	6.4B	7.4B	3.9B
Property Plant And Equipment Gross	47.5B	51.1B	75.3B	80.6B	92.7B	97.4B
Accumulated Other Comprehensive Income	(1.1B)	(732M)	(1.1B)	(1.3B)	(1.2B)	(1.3B)
Other Liab	10.8B	10.8B	12.1B	11.7B	13.4B	14.1B
Other Assets	2.9B	4.1B	4.4B	3.8B	4.4B	4.6B
Long Term Debt	21.5B	20.7B	20.2B	20.5B	23.5B	24.7B
Treasury Stock	(9.2B)	(8.4B)	(10.5B)	(11.6B)	(10.5B)	(10.0B)
Property Plant Equipment	33.6B	51.1B	54.7B	40.7B	46.8B	49.1B
Net Tangible Assets	26.2B	17.2B	18.4B	19.7B	22.6B	17.3B
Retained Earnings Total Equity	25.2B	29.8B	32.8B	35.3B	40.5B	24.7B
Long Term Debt Total	22.0B	20.7B	20.2B	20.5B	23.5B	12.8B
Capital Surpluse	3.4B	3.5B	3.7B	3.8B	4.3B	3.3B

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FedEx Accounts Payable vs Total Assets Analysis

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Assets

FedEx fundamental ratios Correlations

FedEx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FedEx fundamental ratios Accounts

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Additional Tools for FedEx Stock Analysis

COMMON DESTINATIONS

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total

Other Stockholder Equity	- 0.87	Net Debt
Accounts Payable	- 0.86	Other Stockholder Equity
Total Liab	- 0.86	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Non Current Liabilities Total
Other Stockholder Equity	- 0.85	Short Long Term Debt Total
Other Stockholder Equity	- 0.84	Net Receivables