Quick Ratio Analysis of FedEx Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - May-23
Indecisive Quick Ratio
1.33
Period Ending - May-22
Indecisive Quick Ratio
1.38
Growth
-4.05 %
Most recent Quarter Quick Ratio
Period Ending - Feb-24
Indecisive Quick Ratio
1.26
Quick Ratio Analysis of FedEx Corporation
| Quick Ratio of FedEx Corporation with value of 1.26 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Feb-24. |
| Quick Ratio of FDX has fallen by -4.05 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.53 was highest in Year May-20 in last Five Years. |
| Quick Ratio of FDX trending down for at least three Years. |
| Latest Quick Ratio with value of 1.33 is lower than Average Quick Ratio of 1.42 in last five years. |
Other Quick Ratio Related Info of FDX that may interest you.
FedEx Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FDX | 246.43 | 248.6 | 0.873 % | Integrated Freight & Logistics |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Quick Ratio of FedEx Corporation
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.33 | 1.38 | 1.46 | 1.53 | 1.39 | 1.33 | 0 |
| Change | -4.05 % | -5.57 % | -4.25 % | 9.92 % | 4.45 % | 0 % |
FY Chart of Quick Ratio of FedEx Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)