FedEx Intangible Assets vs Cash And Short Term Investments 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 Intangible Assets and its Cash And Short Term Investments 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.

Intangible Assets vs Cash And Short Term Investments

Intangible Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Intangible Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between FedEx's Intangible Assets and Cash And Short Term Investments is -0.36. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Intangible Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of FedEx are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Intangible Assets i.e., FedEx's Intangible Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.

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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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.

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FedEx Intangible Assets vs Cash And Short Term Investments Analysis

Intangible Assets vs Cash And Short Term Investments

Intangible Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Intangible Assets

Cash And Short Term Investments

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

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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