FedEx Corp. (FDX)

Common-Size Balance Sheet: Assets
Quarterly Data

Difficulty: Beginner

FedEx Corp., common-size consolidated balance sheet: assets (quarterly data)

		Aug 31, 2019		May 31, 2019		Feb 28, 2019		Nov 30, 2018		Aug 31, 2018		May 31, 2018		Feb 28, 2018		Nov 30, 2017		Aug 31, 2017		May 31, 2017		Feb 28, 2017		Nov 30, 2016		Aug 31, 2016		May 31, 2016		Feb 29, 2016		Nov 30, 2015		Aug 31, 2015		May 31, 2015		Feb 28, 2015		Nov 30, 2014		Aug 31, 2014		May 31, 2014		Feb 28, 2014		Nov 30, 2013		Aug 31, 2013
	Cash and cash equivalents
	Receivables, less allowances
	Spare parts, supplies and fuel, less allowances
	Deferred income taxes
	Prepaid expenses and other
	Current assets
	Property and equipment, at cost
	Accumulated depreciation and amortization
	Net property and equipment
	Operating lease right-of-use assets
	Goodwill
	Other assets
	Other long-term assets
	Long-term assets
	Total assets

Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	FedEx Corp.’s current assets as a percentage of total assets declined from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.
Net property and equipment	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	FedEx Corp.’s net property and equipment as a percentage of total assets increased from Q3 2019 to Q4 2019 but then declined significantly from Q4 2019 to Q1 2020.
Long-term assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	FedEx Corp.’s long-term assets as a percentage of total assets increased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

	FedEx Corp.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality