GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal National Mortgage Association Fannie Mae (BUE:FNMA) » Definitions » Scaled Net Operating Assets

Federal National Mortgage Association Fannie Mae (BUE:FNMA) Scaled Net Operating Assets : 2.31 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Federal National Mortgage Association Fannie Mae 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 National Mortgage Association Fannie Mae's operating assets for the quarter that ended in Mar. 2024 was ARS3,631,815,362 Mil. Federal National Mortgage Association Fannie Mae's operating liabilities for the quarter that ended in Mar. 2024 was ARS21,263,858 Mil. Federal National Mortgage Association Fannie Mae's Total Assets for the quarter that ended in Dec. 2023 was ARS1,561,482,758 Mil. Therefore, Federal National Mortgage Association Fannie Mae's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 2.31.

Federal National Mortgage Association Fannie Mae 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 National Mortgage Association Fannie Mae'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 )
=(1548552821.393-9038357.0080002)/721781513.228
=2.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1561482758.405 - 12929937.012
=1548552821.393

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1533439556.38 - 1518150845.366 - 6250354.006
=9038357.0080002

Federal National Mortgage Association Fannie Mae'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 )
=(3631815361.741-21263857.861)/1561482758.405
=2.31

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3642817569.428 - 11002207.687
=3631815361.741

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3573727513.253 - 3540428542.687 - 12035112.705
=21263857.861

* 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 National Mortgage Association Fannie Mae Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Federal National Mortgage Association Fannie Mae's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Federal National Mortgage Association Fannie Mae (BUE:FNMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal National Mortgage Association Fannie Mae (BUE:FNMA) » Definitions » Scaled Net Operating Assets
Comparable Companies
RKT ECPG FMCC GHLD UWMC VEL LDI GHI BETR WD COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING BOM:543335 LSE:OSB LSE:PAG TSX:FN BOM:541988 BOM:535789
Traded in Other Exchanges
FNMFN.PFD:USA FNMFM.PFD:USA FNMAT.PFD:USA FNMAS.PFD:USA FNMAP.PFD:USA FNMAO.PFD:USA FNMAN.PFD:USA FNMAM.PFD:USA FNMAL.PFD:USA FNMAK.PFD:USA FNMAJ.PFD:USA FNMAI.PFD:USA FNMAH.PFD:USA FNMAG.PFD:USA FNMA:USA FNM:Germany
Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Website
https://www.fanniemae.com
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.