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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Scaled Net Operating Assets : 0.99 (As of Mar. 2024)


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What is Federal Home Loan Mortgage Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Federal Home Loan Mortgage's operating assets for the quarter that ended in Mar. 2024 was $3,280,697 Mil. Federal Home Loan Mortgage's operating liabilities for the quarter that ended in Mar. 2024 was $19,210 Mil. Federal Home Loan Mortgage's Total Assets for the quarter that ended in Dec. 2023 was $3,280,976 Mil. Therefore, Federal Home Loan Mortgage's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.99.

Federal Home Loan Mortgage Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Federal Home Loan Mortgage's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(3275935-19087)/3208333
=1.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3280976 - 5041
=3275935

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3233254 - 3208191 - 5976
=19087

Federal Home Loan Mortgage's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(3280697-19210)/3280976
=0.99

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3287373 - 6676
=3280697

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3236910 - 3208813 - 8887
=19210

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Federal Home Loan Mortgage Scaled Net Operating Assets Related Terms

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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal Home Loan Mortgage Corp (OTCPK:FMCC) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
FREJP.PFD:USA FREJO.PFD:USA FREJN.PFD:USA FREGP.PFD:USA FMCKP.PFD:USA FMCKO.PFD:USA FMCKN.PFD:USA FMCKM.PFD:USA FMCKL.PFD:USA FMCKK.PFD:USA FMCKJ.PFD:USA FMCKI.PFD:USA FMCCT.PFD:USA FMCCS.PFD:USA FMCCP.PFD:USA FMCCO.PFD:USA FMCCN.PFD:USA FMCCM.PFD:USA FMCCL.PFD:USA FMCCK.PFD:USA FMCCJ.PFD:USA FMCCI.PFD:USA FMCCH.PFD:USA FMCCG.PFD:USA FHL:Germany
Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Website
https://www.freddiemac.com
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.
Executives
Sonu Mittal officer: SVP-Single-Family Acquisitions 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Ravi Shankar officer: SVP- SF Portfolio & Servicing 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Palmer officer: SVP-Multifamily 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Heidi Mason officer: EVP & General Counsel 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Gerald Chavers director C/O CHIMERA INVESTMENT CORPORATION, 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Luke S Hayden director 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Alberto G. Musalem director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Michael J Devito officer: Chief Executive Officer 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
John Glessner officer: SVP-Investments & Capital Mkts 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Allan P Merrill director BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Paul T. Schumacher director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Christian M. Lown officer: EVP & Chief Financial Officer 123 S. JUSTISON STREET, WILMINGTON DE 19801
Mark B Grier director C/O PRUDENTIAL FINANCIAL INC, 751 BROAD ST. 4TH FL., NEWARK NJ 01702
Mark H. Bloom director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Donna M Corley officer: SVP&Int Head of Single Family 8200 JONES BRANCH DRIVE, MCLEAN VA 22102