FedEx Corporation (FDX)
Debt-to-assets ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 129,102,000 | 85,043,000 | 85,481,000 | 86,711,000 | 87,007,000 | 86,114,000 | 88,051,000 | 87,576,000 | 87,110,000 | 85,775,000 | 85,591,000 | 85,826,000 | 85,994,000 | 84,108,000 | 84,247,000 | 82,048,000 | 82,777,000 | 82,793,000 | 81,156,000 | 77,648,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $129,102,000K
= 0.00
The data indicates that the debt-to-assets ratio for FedEx Corporation has consistently been reported at zero across all available periods from August 2020 through May 2025. This stability suggests that the company has not engaged in any significant borrowing or has maintained an asset structure that entirely offsets its liabilities with its total assets during this timeframe. Consequently, the company appears to operate with minimal or no leverage, relying predominantly on equity or internal funding sources rather than debt financing. This consistent zero ratio underscores a conservative financing approach or a strong equity position, which may influence perceptions around financial stability and risk profile. It is noteworthy that such a long-term consistent zero debt-to-assets ratio is uncommon for a large logistics and delivery enterprise and warrants further investigation into the company's financial structure and off-balance sheet commitments, if any.