Federal Agricultural Mortgage's Total Assets for the quarter that ended in Dec. 2023 was $29,524.4 Mil.
During the past 12 months, Federal Agricultural Mortgage's average Total Assets Growth Rate was 27.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.50% per year.
During the past 13 years, Federal Agricultural Mortgage's highest 3-Year average Total Assets Growth Rate was 61.60%. The lowest was -26.40%. And the median was 11.90%.
Total Assets is connected with ROA %. Federal Agricultural Mortgage's annualizedROA % for the quarter that ended in Dec. 2023 was 0.66%. Total Assets is also linked to Revenue through Asset Turnover. Federal Agricultural Mortgage's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.
Federal Agricultural Mortgage Total Assets Historical Data
The historical data trend for Federal Agricultural Mortgage's Total Assets can be seen below:
* 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.
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Federal Agricultural Mortgage Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
21,709.37
24,355.50
25,121.01
27,333.11
29,524.38
Federal Agricultural Mortgage Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
27,333.11
27,939.95
27,659.57
28,311.38
29,524.38
Federal Agricultural Mortgage Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Federal Agricultural Mortgage's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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 Agricultural Mortgage (NYSE:AGM) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Federal Agricultural Mortgage's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Federal Agricultural Mortgage Total Assets Related Terms
Thank you for viewing the detailed overview of Federal Agricultural Mortgage's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
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