Ellington Return On Assets from 2010 to 2024

EFC-PD Stock   23.30  0.65  2.71%   
Ellington Financial's Return On Assets are decreasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit Ellington Financial earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00548997
Current Value
0.005215
Quarterly Volatility
0.01321426
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ellington Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellington Financial's main balance sheet or income statement drivers, such as Tax Provision of 479.9 K, Net Interest Income of 98.3 M or Interest Income of 275.4 M, as well as many indicators such as Price To Sales Ratio of 3.25, Dividend Yield of 0.14 or PTB Ratio of 0.85. Ellington financial statements analysis is a perfect complement when working with Ellington Financial Valuation or Volatility modules.
  
Check out the analysis of Ellington Financial Correlation against competitors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Latest Ellington Financial's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Ellington Financial over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Ellington Financial's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ellington Financial's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Ellington Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation136.79
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0002
Range0.0518
R-Value(0.29)
Mean Square Error0.0002
R-Squared0.09
Significance0.29
Slope(0.0009)
Total Sum of Squares0

Ellington Return On Assets History

2024 0.005215
2023 0.00549
2022 -5.15E-4
2021 0.0159
2020 -0.002799
2019 0.0134
2018 0.0118

About Ellington Financial Financial Statements

Ellington Financial stakeholders use historical fundamental indicators, such as Ellington Financial's Return On Assets, to determine how well the company is positioned to perform in the future. Although Ellington Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ellington Financial's assets and liabilities are reflected in the revenues and expenses on Ellington Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ellington Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ellington Financial 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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
Check out the analysis of Ellington Financial Correlation against competitors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.