FedEx Net Debt vs Net Working Capital Analysis
FDX Stock | USD 260.65 1.38 0.53% |
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 Net Debt and its Net Working Capital 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.
Net Debt vs Net Working Capital
Net Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between FedEx's Net Debt and Net Working Capital is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of FedEx are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., FedEx's Net Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Working Capital
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
Click cells to compare fundamentals
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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Try AI Portfolio ArchitectCheck 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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.
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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 17.33 | 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.