Ellington Long Term Debt vs Other Current Liab Analysis

EFC Stock

USD 11.71 0.11 0.95%

Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial LLC is a good investment. Please check the relationship between Ellington Financial Long Term Debt and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Long Term Debt vs Other Current Liab

Long Term Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial LLC Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Ellington Financial's Long Term Debt and Other Current Liab is 0.15. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ellington Financial LLC, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Ellington Financial LLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Ellington Financial's Long Term Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Ellington Financial LLC has held for over one year. Long-term debt appears on Ellington Financial LLC balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ellington Financial LLC balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Liab

Most indicators from Ellington Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Financial LLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

At present, Ellington Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	122.0M	23.5M	294.3M	309.0M
Total Revenue	122.0M	43.1M	352.0M	369.5M

Gross Profit Total Revenue

Ellington Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Long Term Debt	Common Stock Total Equity	Non Current Liabilities Total	Capital Surpluse
Total Assets		-0.8	0.8	0.7	-0.25	1.0	-0.13	0.59	0.53	-0.48	0.8	0.59	-0.16	0.73	-0.04	-0.24	0.88	1.0	0.12	-0.58	0.99	0.68	-0.05	-0.61	0.72	0.84
Other Current Liab	-0.8		-1.0	-0.45	0.17	-0.79	0.05	-0.4	0.08	-0.12	-0.99	-0.4	0.0	-0.45	0.04	0.22	-0.75	-0.8	-0.09	0.41	-0.8	-0.42	0.15	0.42	-0.94	-0.63
Total Current Liabilities	0.8	-1.0		0.43	-0.17	0.8	-0.06	0.38	-0.07	0.12	0.99	0.38	-0.01	0.43	-0.04	-0.22	0.75	0.8	0.09	-0.41	0.8	0.41	-0.15	-0.42	0.95	0.63
Total Stockholder Equity	0.7	-0.45	0.43		-0.39	0.69	-0.25	0.58	0.52	-0.54	0.43	0.58	-0.16	0.95	-0.04	-0.25	0.75	0.67	0.1	-0.55	0.68	0.98	0.44	-0.6	0.49	0.8
Other Liab	-0.25	0.17	-0.17	-0.39		-0.24	-0.29	-0.11	-0.22	0.18	-0.13	-0.11	0.06	-0.41	0.0	-0.2	-0.28	-0.24	-0.26	0.1	-0.24	-0.47	-0.19	0.1	-0.17	-0.29
Net Debt	1.0	-0.79	0.8	0.69	-0.24		-0.17	0.57	0.54	-0.5	0.79	0.57	-0.23	0.73	-0.07	-0.25	0.9	1.0	0.09	-0.64	1.0	0.66	-0.03	-0.66	0.72	0.87
Accounts Payable	-0.13	0.05	-0.06	-0.25	-0.29	-0.17		-0.25	-0.07	0.28	-0.14	-0.25	0.42	-0.15	0.15	0.79	-0.33	-0.12	0.78	0.44	-0.17	-0.22	-0.26	0.44	-0.14	-0.37
Cash	0.59	-0.4	0.38	0.58	-0.11	0.57	-0.25		0.37	-0.44	0.42	1.0	0.06	0.61	0.38	-0.57	0.43	0.59	-0.2	-0.18	0.58	0.57	-0.13	-0.2	0.25	0.42
Non Current Assets Total	0.53	0.08	-0.07	0.52	-0.22	0.54	-0.07	0.37		-0.97	-0.08	0.37	-0.33	0.59	-0.04	-0.01	0.42	0.53	0.15	-0.45	0.53	0.52	0.16	-0.48	-0.12	0.53
Non Currrent Assets Other	-0.48	-0.12	0.12	-0.54	0.18	-0.5	0.28	-0.44	-0.97		0.1	-0.44	0.37	-0.59	0.01	0.18	-0.42	-0.48	0.1	0.46	-0.5	-0.54	-0.18	0.48	0.16	-0.53
Other Assets	0.8	-0.99	0.99	0.43	-0.13	0.79	-0.14	0.42	-0.08	0.1		0.42	0.04	0.42	-0.02	-0.31	0.73	0.8	-0.01	-0.37	0.79	0.42	-0.17	-0.39	0.93	0.62
Cash And Short Term Investments	0.59	-0.4	0.38	0.58	-0.11	0.57	-0.25	1.0	0.37	-0.44	0.42		0.06	0.61	0.38	-0.57	0.43	0.59	-0.2	-0.18	0.58	0.57	-0.13	-0.2	0.25	0.42
Net Receivables	-0.16	0.0	-0.01	-0.16	0.06	-0.23	0.42	0.06	-0.33	0.37	0.04	0.06		-0.22	0.34	0.03	-0.47	-0.15	0.11	0.8	-0.24	-0.09	-0.43	0.77	-0.11	-0.5
Common Stock Shares Outstanding	0.73	-0.45	0.43	0.95	-0.41	0.73	-0.15	0.61	0.59	-0.59	0.42	0.61	-0.22		-0.1	-0.1	0.73	0.72	0.16	-0.54	0.72	0.92	0.36	-0.58	0.44	0.78
Short Term Investments	-0.04	0.04	-0.04	-0.04	0.0	-0.07	0.15	0.38	-0.04	0.01	-0.02	0.38	0.34	-0.1		-0.19	-0.15	-0.04	-0.09	0.24	-0.07	-0.02	-0.16	0.23	-0.1	-0.15
Other Current Assets	-0.24	0.22	-0.22	-0.25	-0.2	-0.25	0.79	-0.57	-0.01	0.18	-0.31	-0.57	0.03	-0.1	-0.19		-0.3	-0.24	0.63	0.21	-0.25	-0.26	0.02	0.21	-0.22	-0.29
Other Stockholder Equity	0.88	-0.75	0.75	0.75	-0.28	0.9	-0.33	0.43	0.42	-0.42	0.73	0.43	-0.47	0.73	-0.15	-0.3		0.87	0.08	-0.86	0.9	0.72	0.31	-0.87	0.81	0.98
Total Liab	1.0	-0.8	0.8	0.67	-0.24	1.0	-0.12	0.59	0.53	-0.48	0.8	0.59	-0.15	0.72	-0.04	-0.24	0.87		0.11	-0.57	0.99	0.65	-0.08	-0.6	0.71	0.83
Total Current Assets	0.12	-0.09	0.09	0.1	-0.26	0.09	0.78	-0.2	0.15	0.1	-0.01	-0.2	0.11	0.16	-0.09	0.63	0.08	0.11		-0.04	0.08	0.1	0.13	-0.05	0.12	0.08
Common Stock	-0.58	0.41	-0.41	-0.55	0.1	-0.64	0.44	-0.18	-0.45	0.46	-0.37	-0.18	0.8	-0.54	0.24	0.21	-0.86	-0.57	-0.04		-0.64	-0.48	-0.46	0.99	-0.54	-0.88
Short Long Term Debt Total	0.99	-0.8	0.8	0.68	-0.24	1.0	-0.17	0.58	0.53	-0.5	0.79	0.58	-0.24	0.72	-0.07	-0.25	0.9	0.99	0.08	-0.64		0.65	-0.04	-0.67	0.72	0.86
Net Tangible Assets	0.68	-0.42	0.41	0.98	-0.47	0.66	-0.22	0.57	0.52	-0.54	0.42	0.57	-0.09	0.92	-0.02	-0.26	0.72	0.65	0.1	-0.48	0.65		0.46	-0.53	0.48	0.77
Long Term Debt	-0.05	0.15	-0.15	0.44	-0.19	-0.03	-0.26	-0.13	0.16	-0.18	-0.17	-0.13	-0.43	0.36	-0.16	0.02	0.31	-0.08	0.13	-0.46	-0.04	0.46		-0.48	0.09	0.41
Common Stock Total Equity	-0.61	0.42	-0.42	-0.6	0.1	-0.66	0.44	-0.2	-0.48	0.48	-0.39	-0.2	0.77	-0.58	0.23	0.21	-0.87	-0.6	-0.05	0.99	-0.67	-0.53	-0.48		-0.55	-0.9
Non Current Liabilities Total	0.72	-0.94	0.95	0.49	-0.17	0.72	-0.14	0.25	-0.12	0.16	0.93	0.25	-0.11	0.44	-0.1	-0.22	0.81	0.71	0.12	-0.54	0.72	0.48	0.09	-0.55		0.71
Capital Surpluse	0.84	-0.63	0.63	0.8	-0.29	0.87	-0.37	0.42	0.53	-0.53	0.62	0.42	-0.5	0.78	-0.15	-0.29	0.98	0.83	0.08	-0.88	0.86	0.77	0.41	-0.9	0.71

Click cells to compare fundamentals

Ellington Financial Account Relationship Matchups

Ellington Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	3.4B	5.2B	14.1B	15.3B	16.1B
Other Current Liab	(80.4M)	(13.7M)	(54.0M)	(84.0M)	(4.7B)	(4.4B)
Total Current Liabilities	80.4M	13.7M	54.0M	84.0M	4.7B	4.9B
Total Stockholder Equity	829.3M	885.2M	1.3B	1.2B	1.5B	789.0M
Net Debt	3.2B	2.3B	3.5B	12.2B	13.1B	13.8B
Accounts Payable	80.4M	13.7M	54.0M	84.0M	71.9M	101.8M
Cash	72.3M	111.6M	92.7M	217.1M	230.5M	126.7M
Non Current Assets Total	4.0B	3.1B	4.7B	13.4B	2.0B	3.1B
Non Currrent Assets Other	(4.0B)	(3.1B)	(4.7B)	(13.4B)	(2.0B)	(2.1B)
Other Assets	112.0M	65.0M	151.8M	512.6M	13.1B	13.7B
Cash And Short Term Investments	72.3M	111.6M	92.7M	217.1M	230.5M	126.7M
Net Receivables	202.9M	112.5M	215.7M	176.2M	584.4M	458.7M
Common Stock Shares Outstanding	32.1M	44.1M	49.2M	60.6M	69.1M	35.0M
Short Term Investments	73.6M	38.6M	123.3M	226.4M	173.1M	173.2M
Liabilities And Stockholders Equity	4.3B	3.4B	5.2B	14.1B	15.3B	16.1B
Other Current Assets	(306.0M)	(247.9M)	(333.2M)	(426.4M)	(837.0M)	(795.1M)
Other Stockholder Equity	821.7M	915.7M	1.2B	1.3B	1.9B	2.0B
Total Liab	3.5B	2.5B	3.9B	12.9B	13.8B	14.5B
Total Current Assets	275.3M	224.1M	308.4M	217.1M	228.9M	266.8M
Common Stock	39K	44K	58K	64K	83K	78.9K
Short Long Term Debt Total	3.3B	2.4B	3.6B	12.4B	13.3B	14.0B
Net Tangible Assets	718.2M	774.2M	1.1B	968.5M	1.1B	764.4M
Noncontrolling Interest In Consolidated Entity	31.3M	39.4M	32.2M	24.9M	28.7M	17.5M
Long Term Debt	112.9M	891.5M	1.2B	54.2M	62.3M	59.2M
Common Stock Total Equity	39K	44K	58K	64K	57.6K	54.7K
Non Current Liabilities Total	3.3B	2.4B	3.6B	84.0M	9.2B	9.6B
Capital Surpluse	821.7M	915.7M	1.2B	1.3B	1.4B	1.5B
Long Term Investments	2.5B	3.2B	4.7B	1.6B	14.3B	15.0B
Non Current Liabilities Other	2.7B	3.1B	3.6B	4.4B	5.1B	2.8B
Long Term Debt Total	112.9M	891.5M	1.2B	54.2M	62.3M	59.2M
Short Term Debt	2.6B	1.8B	3.0B	4.7B	4.6B	2.3B
Cash And Equivalents	72.3M	111.6M	92.7M	217.1M	249.6M	262.1M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ellington Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ellington Financial's short interest history, or implied volatility extrapolated from Ellington Financial options trading.

Pair Trading with Ellington Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellington Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellington Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Ellington Stock

0.6	QD	Qudian Inc	Pair Corr
0.6	TW	Tradeweb Markets	Pair Corr
0.59	MA	Mastercard	Pair Corr
0.53	DSAQ	Direct Selling Acqui	Pair Corr
0.42	VCXB	10X Capital Venture	Pair Corr

The ability to find closely correlated positions to Ellington Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellington Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellington Financial LLC to buy it.

The correlation of Ellington Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellington Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Financial LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ellington Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ellington Financial LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Financial Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Llc Stock:

How To Invest In Ellington

Details

Is Ellington Stock a good investment?

Details

What is Ellington Financial's Net Worth?

Details

Largest Mortgage Real Estate Investment Trusts (REITs) Companies

View

Largest Financial Services Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Note that the Ellington Financial LLC information on this page should be used as a complementary analysis to other Ellington Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Ellington Stock analysis

When running Ellington Financial's price analysis, check to measure Ellington Financial'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 Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.

	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	CEOs Directory Screen CEOs from public companies around the world
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Bonds Directory Find actively traded corporate debentures issued by US companies
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments

Is Ellington Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.53)

Dividend Share

1.8

Earnings Share

0.89

Revenue Per Share

3.689

Quarterly Revenue Growth

(0.09)

The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ellington Long Term Debt vs Other Current Liab Analysis

Long Term Debt vs Other Current Liab

Long Term Debt vs Other Current Liab Correlation Analysis

Correlation Coefficient

Long Term Debt

Other Current Liab

Ellington Financial fundamental ratios Correlations

Ellington Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ellington Financial fundamental ratios Accounts

Pair Trading with Ellington Financial

Moving against Ellington Stock

Complementary Tools for Ellington Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Short Long Term Debt Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets

Total Current Liabilities	- 1.0	Other Current Liab
Other Assets	- 0.99	Other Current Liab
Non Currrent Assets Other	- 0.97	Non Current Assets Total
Non Current Liabilities Total	- 0.94	Other Current Liab
Capital Surpluse	- 0.9	Common Stock Total Equity
Capital Surpluse	- 0.88	Common Stock