Freddie Property Plant Equipment vs Accounts Payable Analysis

0IKZ Stock   2.49  0.15  5.68%   
Freddie Mac financial indicator trend analysis is much more than just examining Freddie Mac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freddie Mac is a good investment. Please check the relationship between Freddie Mac Property Plant Equipment and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freddie Mac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freddie Mac Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Freddie Mac's Property Plant Equipment and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Freddie Mac, assuming nothing else is changed. The correlation between historical values of Freddie Mac's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Freddie Mac are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Freddie Mac's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Freddie Mac obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Freddie Mac are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Freddie Mac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freddie Mac current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freddie Mac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 2.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income4.5B4.9B5.6B3.0B
Tax Provision1.8B1.9B1.7B2.5B

Freddie Mac fundamental ratios Correlations

1.00.90.88-0.670.581.0-0.670.391.00.66-0.86-0.42-0.860.930.910.860.97-0.740.970.88
1.00.890.88-0.630.621.0-0.630.371.00.64-0.87-0.4-0.870.930.90.830.97-0.740.970.84
0.90.890.93-0.610.570.89-0.610.290.90.6-0.87-0.61-0.880.820.930.80.88-0.790.890.82
0.880.880.93-0.590.650.88-0.590.180.880.54-0.87-0.51-0.870.890.990.760.94-0.90.940.77
-0.67-0.63-0.61-0.590.15-0.631.0-0.77-0.67-0.380.530.370.55-0.55-0.7-0.86-0.610.52-0.62-0.84
0.580.620.570.650.150.620.15-0.390.580.42-0.57-0.21-0.560.630.540.220.66-0.570.660.26
1.01.00.890.88-0.630.62-0.630.371.00.64-0.87-0.4-0.870.930.90.830.97-0.740.970.84
-0.67-0.63-0.61-0.591.00.15-0.63-0.77-0.67-0.380.530.370.55-0.55-0.7-0.86-0.610.52-0.62-0.84
0.390.370.290.18-0.77-0.390.37-0.770.4-0.06-0.250.05-0.290.180.320.510.230.040.240.46
1.01.00.90.88-0.670.581.0-0.670.40.66-0.86-0.43-0.860.930.90.860.97-0.740.970.88
0.660.640.60.54-0.380.420.64-0.38-0.060.66-0.51-0.8-0.490.690.530.560.69-0.710.690.66
-0.86-0.87-0.87-0.870.53-0.57-0.870.53-0.25-0.86-0.510.511.0-0.78-0.88-0.7-0.850.75-0.86-0.72
-0.42-0.4-0.61-0.510.37-0.21-0.40.370.05-0.43-0.80.510.49-0.43-0.49-0.4-0.480.71-0.48-0.49
-0.86-0.87-0.88-0.870.55-0.56-0.870.55-0.29-0.86-0.491.00.49-0.76-0.88-0.72-0.850.74-0.86-0.73
0.930.930.820.89-0.550.630.93-0.550.180.930.69-0.78-0.43-0.760.890.760.96-0.820.960.79
0.910.90.930.99-0.70.540.9-0.70.320.90.53-0.88-0.49-0.880.890.820.94-0.880.940.83
0.860.830.80.76-0.860.220.83-0.860.510.860.56-0.7-0.4-0.720.760.820.82-0.650.820.99
0.970.970.880.94-0.610.660.97-0.610.230.970.69-0.85-0.48-0.850.960.940.82-0.871.00.84
-0.74-0.74-0.79-0.90.52-0.57-0.740.520.04-0.74-0.710.750.710.74-0.82-0.88-0.65-0.87-0.86-0.7
0.970.970.890.94-0.620.660.97-0.620.240.970.69-0.86-0.48-0.860.960.940.821.0-0.860.85
0.880.840.820.77-0.840.260.84-0.840.460.880.66-0.72-0.49-0.730.790.830.990.84-0.70.85
Click cells to compare fundamentals

Freddie Mac Account Relationship Matchups

Freddie Mac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0T2.1T2.2T2.6T3.0T2.4T
Short Long Term Debt Total2.0T1.9T2.0T2.5T2.9T2.3T
Total Stockholder Equity(312M)4.5B9.1B16.4B18.9B19.8B
Retained Earnings(74.2B)(67.1B)(55.0B)(45.7B)(52.5B)(55.1B)
Cash6.8B6.7B4.2B6.5B5.9B5.9B
Other Assets13.4B22.8B35.0B32.2B37.0B24.4B
Long Term Debt2.0T1.9T2.0T2.5T2.9T2.3T
Cash And Short Term Investments6.8B6.7B4.2B6.5B5.9B5.9B
Other Stockholder Equity438M643M154M(188M)(216.2M)(205.4M)
Total Liab2.1T2.1T2.2T2.6T3.0T2.4T
Short Term Debt73.1B51.1B101.0B5.0B4.5B4.2B
Total Current Liabilities108.0B12.1B6.6B15.8B14.2B13.5B
Other Liab8.0B11.3B10.8B17.4B20.0B11.2B
Net Tangible Assets(77.6B)(70.3B)(58.7B)(49.7B)(57.2B)(60.1B)
Net Receivables2.0T2.4T2.8T3.0T3.5T2.6T
Other Current Assets50.4B55.5B31.5B18.7B16.8B16.0B
Total Current Assets2.2T2.6T3.0T3.2T3.6T2.7T

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Additional Tools for Freddie Stock Analysis

When running Freddie Mac's price analysis, check to measure Freddie Mac's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freddie Mac is operating at the current time. Most of Freddie Mac's value examination focuses on studying past and present price action to predict the probability of Freddie Mac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freddie Mac's price. Additionally, you may evaluate how the addition of Freddie Mac to your portfolios can decrease your overall portfolio volatility.