FedEx Current Deferred Revenue vs Common Stock Shares Outstanding Analysis

FDX Stock  USD 247.73  2.54  1.01%   
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 Current Deferred Revenue 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 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.

Current Deferred Revenue vs Common Stock Shares Outstanding

Current Deferred Revenue 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 Current Deferred Revenue account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between FedEx's Current Deferred Revenue and Common Stock Shares Outstanding is -0.09. Overlapping area represents the amount of variation of Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue i.e., FedEx's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 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 Profit18.0B20.2B19.2B5.7B
Total Revenue84.0B93.5B90.2B7.1B

FedEx fundamental ratios Correlations

0.970.880.990.950.990.960.970.921.00.740.920.960.130.990.650.58-0.830.990.980.93-0.340.980.880.550.65
0.970.810.950.860.981.00.890.870.980.720.870.92-0.070.990.540.52-0.850.990.920.95-0.370.940.910.370.62
0.880.810.880.880.860.790.890.820.870.90.820.850.270.850.590.53-0.710.860.870.74-0.260.890.690.620.64
0.990.950.880.960.980.930.970.920.990.730.920.970.150.970.670.62-0.820.980.980.92-0.310.990.850.570.68
0.950.860.880.960.930.820.990.930.940.720.930.910.390.890.690.58-0.680.910.960.86-0.320.930.770.680.56
0.990.980.860.980.930.960.960.921.00.730.920.930.110.990.60.54-0.80.990.960.95-0.350.950.90.490.58
0.961.00.790.930.820.960.870.820.970.730.820.91-0.130.990.520.53-0.870.980.90.95-0.360.920.920.340.62
0.970.890.890.970.990.960.870.910.960.750.910.930.320.920.680.59-0.750.940.960.87-0.330.950.810.650.6
0.920.870.820.920.930.920.820.910.910.581.00.850.30.880.60.39-0.60.890.940.84-0.360.880.740.560.47
1.00.980.870.990.941.00.970.960.910.750.910.960.10.990.630.58-0.841.00.970.94-0.340.980.890.520.64
0.740.720.90.730.720.730.730.750.580.750.580.730.070.730.440.55-0.680.740.70.69-0.260.740.70.430.58
0.920.870.820.920.930.920.820.911.00.910.580.850.30.880.60.39-0.60.890.940.84-0.360.880.740.560.47
0.960.920.850.970.910.930.910.930.850.960.730.850.150.950.740.67-0.840.960.980.86-0.330.980.840.640.77
0.13-0.070.270.150.390.11-0.130.320.30.10.070.30.150.020.380.150.240.040.25-0.040.150.15-0.090.73-0.03
0.990.990.850.970.890.990.990.920.880.990.730.880.950.020.610.55-0.861.00.950.93-0.350.960.90.470.66
0.650.540.590.670.690.60.520.680.60.630.440.60.740.380.610.73-0.580.620.730.47-0.180.70.480.890.82
0.580.520.530.620.580.540.530.590.390.580.550.390.670.150.550.73-0.540.570.590.570.270.620.540.60.72
-0.83-0.85-0.71-0.82-0.68-0.8-0.87-0.75-0.6-0.84-0.68-0.6-0.840.24-0.86-0.58-0.54-0.86-0.76-0.730.43-0.86-0.75-0.37-0.8
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0.930.950.740.920.860.950.950.870.840.940.690.840.86-0.040.930.470.57-0.730.930.88-0.30.860.910.30.47
-0.34-0.37-0.26-0.31-0.32-0.35-0.36-0.33-0.36-0.34-0.26-0.36-0.330.15-0.35-0.180.270.43-0.35-0.34-0.3-0.34-0.34-0.06-0.22
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0.880.910.690.850.770.90.920.810.740.890.70.740.84-0.090.90.480.54-0.750.90.830.91-0.340.830.30.49
0.550.370.620.570.680.490.340.650.560.520.430.560.640.730.470.890.6-0.370.490.660.3-0.060.610.30.63
0.650.620.640.680.560.580.620.60.470.640.580.470.77-0.030.660.820.72-0.80.670.680.47-0.220.750.490.63
Click cells to compare fundamentals

FedEx Account Relationship Matchups

FedEx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets73.5B82.8B86.0B87.1B100.2B105.2B
Short Long Term Debt Total36.1B36.5B37.2B38.3B44.1B46.3B
Other Current Liab5.1B7.5B3.6B7.2B8.3B8.7B
Total Current Liabilities10.3B13.7B14.3B13.6B15.6B16.4B
Total Stockholder Equity18.3B24.2B24.9B26.1B30.0B31.5B
Property Plant And Equipment Net47.5B51.1B54.7B58.0B66.8B70.1B
Net Debt31.2B29.4B30.3B31.5B36.2B38.0B
Retained Earnings25.2B29.8B32.8B35.3B40.5B42.6B
Cash4.9B7.1B6.9B6.8B7.8B8.2B
Non Current Assets Total57.2B62.2B65.6B68.5B78.8B82.8B
Non Currrent Assets Other3.3B4.1B288M4.1B4.7B4.9B
Cash And Short Term Investments4.9B7.1B6.9B6.8B7.8B8.2B
Net Receivables10.1B12.0B11.9B10.2B11.7B12.3B
Common Stock Shares Outstanding262M268M266M256M294.4M297.9M
Liabilities And Stockholders Equity73.5B82.8B86.0B87.1B100.2B105.2B
Non Current Liabilities Total44.9B44.9B46.8B47.5B54.6B57.3B
Inventory572M587M637M604M694.6M362.3M
Other Current Assets828M929M968M962M1.1B562.5M
Other Stockholder Equity(5.8B)(4.9B)(6.8B)(7.9B)(7.1B)(6.7B)
Total Liab55.2B58.6B61.1B61.0B70.2B73.7B
Total Current Assets16.4B20.6B20.4B18.6B21.4B22.4B
Short Term Debt2.0B2.4B2.5B2.5B2.9B3.0B
Intangible Assets322M352M301M234M210.6M200.1M
Accounts Payable3.3B3.8B4.0B3.8B4.4B4.6B
Good Will6.4B7.0B6.5B6.4B7.4B3.9B
Property Plant And Equipment Gross47.5B51.1B75.3B80.6B92.7B97.4B
Accumulated Other Comprehensive Income(1.1B)(732M)(1.1B)(1.3B)(1.2B)(1.3B)
Other Liab10.8B10.8B12.1B11.7B13.4B14.1B
Other Assets2.9B4.1B4.4B3.8B4.4B4.6B
Long Term Debt21.5B20.7B20.2B20.5B23.5B24.7B
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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