FedEx Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis
FDX Stock | USD 253.96 4.38 1.75% |
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 Cash And Short Term Investments and its Common Stock Shares Outstanding 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 tightly coupled 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.
Cash And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between FedEx's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.3. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of FedEx are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., FedEx's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of FedEx balance sheet. This account contains FedEx investments that will expire within one year. These investments include stocks and bonds that can be liquidated by FedEx fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 tightly coupled 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 |
FedEx fundamental ratios Correlations
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FedEx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock: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 tightly coupled 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.Note that the FedEx information on this page should be used as a complementary analysis to other FedEx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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Is FedEx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FedEx. If investors know FedEx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FedEx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 5.04 | Earnings Share 17.32 | Revenue Per Share 350.758 | Quarterly Revenue Growth 0.139 |
The market value of FedEx is measured differently than its book value, which is the value of FedEx that is recorded on the company's balance sheet. Investors also form their own opinion of FedEx's value that differs from its market value or its book value, called intrinsic value, which is FedEx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FedEx's market value can be influenced by many factors that don't directly affect FedEx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.