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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Federal Home Loan Mortgage Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Federal Home Loan Mortgage's Revenue for the three months ended in Dec. 2023 was $5,373.00 Mil. Federal Home Loan Mortgage's Total Assets for the quarter that ended in Dec. 2023 was $3,276,308.50 Mil. Therefore, Federal Home Loan Mortgage's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Federal Home Loan Mortgage's annualized ROE % for the quarter that ended in Dec. 2023 was 25.23%. It is also linked to ROA % through Du Pont Formula. Federal Home Loan Mortgage's annualized ROA % for the quarter that ended in Dec. 2023 was 0.36%.


Federal Home Loan Mortgage Asset Turnover Historical Data

The historical data trend for Federal Home Loan Mortgage's Asset Turnover 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.

* Premium members only.

Federal Home Loan Mortgage Asset Turnover Chart

Federal Home Loan Mortgage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Federal Home Loan Mortgage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Federal Home Loan Mortgage's Asset Turnover

For the Mortgage Finance subindustry, Federal Home Loan Mortgage's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Federal Home Loan Mortgage's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Asset Turnover falls into.



Federal Home Loan Mortgage Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Federal Home Loan Mortgage's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=21229/( (3208333+3280976)/ 2 )
=21229/3244654.5
=0.01

Federal Home Loan Mortgage's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5373/( (3271641+3280976)/ 2 )
=5373/3276308.5
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Federal Home Loan Mortgage  (OTCPK:FMCKL.PFD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Federal Home Loan Mortgage's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=11656/46191.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11656 / 21492)*(21492 / 3276308.5)*(3276308.5/ 46191.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=54.23 %*0.0066*70.9288
=ROA %*Equity Multiplier
=0.36 %*70.9288
=25.23 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Federal Home Loan Mortgage's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=11656/3276308.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11656 / 21492)*(21492 / 3276308.5)
=Net Margin %*Asset Turnover
=54.23 %*0.0066
=0.36 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Federal Home Loan Mortgage Asset Turnover Related Terms

Thank you for viewing the detailed overview of Federal Home Loan Mortgage's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
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.