FedEx Total Assets vs Property Plant And Equipment Net 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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between FedEx's Total Assets and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of FedEx are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., FedEx's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

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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
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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
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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
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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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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.