Ellington Total Revenue vs Interest Expense Analysis

EFC-PD Stock

23.06 0.30 1.28%

Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial is a good investment. Please check the relationship between Ellington Financial Total Revenue and its Interest Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. 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.

For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Total Revenue vs Interest Expense

Total Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Total Revenue account and Interest Expense. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ellington Financial's Total Revenue and Interest Expense is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Ellington Financial, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Total Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Ellington Financial are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., Ellington Financial's Total Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Revenue

Total revenue comprises all receipts Ellington Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 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. 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.

For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.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)
Interest Income	175.5M	282.2M	370.2M	275.4M
Net Interest Income	131.5M	140.4M	107.7M	98.3M

Interest Income Net Interest Income

Ellington Financial fundamental ratios Correlations

	Long Term Debt	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets
Long Term Debt		-0.6	-0.59	-0.94	-0.95	-0.7	0.68	0.4	0.79	-0.55	-0.6	-0.6	0.78	-0.64	-0.6	-0.68	-0.72	0.93	-0.91	0.69	0.9	-0.72	-0.59	-0.6	-0.6	0.34
Total Assets	-0.6		1.0	0.63	0.72	0.87	-0.95	0.29	-0.93	0.94	0.97	1.0	-0.96	0.98	0.97	0.82	0.98	-0.72	0.53	0.07	-0.86	0.94	1.0	1.0	1.0	-0.13
Short Long Term Debt Total	-0.59	1.0		0.62	0.71	0.86	-0.95	0.3	-0.93	0.93	0.98	1.0	-0.96	0.98	0.98	0.81	0.98	-0.71	0.52	0.08	-0.85	0.93	1.0	1.0	1.0	-0.15
Other Current Liab	-0.94	0.63	0.62		0.99	0.72	-0.61	-0.52	-0.81	0.51	0.64	0.62	-0.74	0.72	0.64	0.83	0.75	-0.99	0.97	-0.73	-0.93	0.75	0.62	0.63	0.62	-0.31
Total Current Liabilities	-0.95	0.72	0.71	0.99		0.8	-0.71	-0.41	-0.86	0.62	0.71	0.71	-0.82	0.79	0.71	0.87	0.83	-1.0	0.96	-0.64	-0.97	0.83	0.71	0.72	0.71	-0.27
Total Stockholder Equity	-0.7	0.87	0.86	0.72	0.8		-0.91	0.01	-0.79	0.92	0.76	0.87	-0.88	0.9	0.76	0.9	0.93	-0.8	0.74	-0.16	-0.9	0.98	0.86	0.87	0.87	0.22
Current Deferred Revenue	0.68	-0.95	-0.95	-0.61	-0.71	-0.91		-0.32	0.88	-0.98	-0.89	-0.95	0.97	-0.9	-0.89	-0.73	-0.95	0.7	-0.55	-0.04	0.86	-0.94	-0.95	-0.95	-0.95	0.04
Net Debt	0.4	0.29	0.3	-0.52	-0.41	0.01	-0.32		-0.06	0.39	0.27	0.3	-0.18	0.13	0.27	-0.25	0.12	0.43	-0.62	0.92	0.2	0.07	0.31	0.29	0.3	0.08
Retained Earnings	0.79	-0.93	-0.93	-0.81	-0.86	-0.79	0.88	-0.06		-0.8	-0.96	-0.93	0.96	-0.93	-0.96	-0.79	-0.95	0.85	-0.68	0.22	0.93	-0.88	-0.93	-0.93	-0.93	0.42
Accounts Payable	-0.55	0.94	0.93	0.51	0.62	0.92	-0.98	0.39	-0.8		0.85	0.94	-0.92	0.89	0.85	0.73	0.93	-0.61	0.47	0.17	-0.79	0.94	0.93	0.94	0.94	0.12
Cash	-0.6	0.97	0.98	0.64	0.71	0.76	-0.89	0.27	-0.96	0.85		0.98	-0.93	0.96	1.0	0.77	0.94	-0.71	0.5	0.04	-0.83	0.87	0.98	0.98	0.98	-0.33
Non Current Assets Total	-0.6	1.0	1.0	0.62	0.71	0.87	-0.95	0.3	-0.93	0.94	0.98		-0.96	0.98	0.98	0.81	0.98	-0.71	0.52	0.08	-0.86	0.94	1.0	1.0	1.0	-0.14
Non Currrent Assets Other	0.78	-0.96	-0.96	-0.74	-0.82	-0.88	0.97	-0.18	0.96	-0.92	-0.93	-0.96		-0.94	-0.93	-0.79	-0.97	0.81	-0.65	0.12	0.93	-0.94	-0.96	-0.96	-0.96	0.22
Other Assets	-0.64	0.98	0.98	0.72	0.79	0.9	-0.9	0.13	-0.93	0.89	0.96	0.98	-0.94		0.96	0.91	0.99	-0.8	0.64	-0.06	-0.91	0.96	0.98	0.98	0.98	-0.11
Cash And Short Term Investments	-0.6	0.97	0.98	0.64	0.71	0.76	-0.89	0.27	-0.96	0.85	1.0	0.98	-0.93	0.96		0.77	0.94	-0.71	0.5	0.04	-0.83	0.87	0.98	0.98	0.98	-0.33
Net Receivables	-0.68	0.82	0.81	0.83	0.87	0.9	-0.73	-0.25	-0.79	0.73	0.77	0.81	-0.79	0.91	0.77		0.89	-0.88	0.82	-0.34	-0.91	0.91	0.81	0.82	0.81	0.05
Common Stock Shares Outstanding	-0.72	0.98	0.98	0.75	0.83	0.93	-0.95	0.12	-0.95	0.93	0.94	0.98	-0.97	0.99	0.94	0.89		-0.83	0.68	-0.11	-0.94	0.98	0.98	0.98	0.98	-0.1
Short Term Investments	0.93	-0.72	-0.71	-0.99	-1.0	-0.8	0.7	0.43	0.85	-0.61	-0.71	-0.71	0.81	-0.8	-0.71	-0.88	-0.83		-0.96	0.64	0.97	-0.83	-0.71	-0.72	-0.71	0.26
Non Current Liabilities Total	-0.91	0.53	0.52	0.97	0.96	0.74	-0.55	-0.62	-0.68	0.47	0.5	0.52	-0.65	0.64	0.5	0.82	0.68	-0.96		-0.78	-0.88	0.72	0.52	0.53	0.52	-0.1
Inventory	0.69	0.07	0.08	-0.73	-0.64	-0.16	-0.04	0.92	0.22	0.17	0.04	0.08	0.12	-0.06	0.04	-0.34	-0.11	0.64	-0.78		0.44	-0.14	0.08	0.07	0.08	0.28
Other Current Assets	0.9	-0.86	-0.85	-0.93	-0.97	-0.9	0.86	0.2	0.93	-0.79	-0.83	-0.86	0.93	-0.91	-0.83	-0.91	-0.94	0.97	-0.88	0.44		-0.94	-0.85	-0.86	-0.86	0.18
Other Stockholder Equity	-0.72	0.94	0.93	0.75	0.83	0.98	-0.94	0.07	-0.88	0.94	0.87	0.94	-0.94	0.96	0.87	0.91	0.98	-0.83	0.72	-0.14	-0.94		0.94	0.94	0.94	0.05
Total Liab	-0.59	1.0	1.0	0.62	0.71	0.86	-0.95	0.31	-0.93	0.93	0.98	1.0	-0.96	0.98	0.98	0.81	0.98	-0.71	0.52	0.08	-0.85	0.94		1.0	1.0	-0.15
Net Invested Capital	-0.6	1.0	1.0	0.63	0.72	0.87	-0.95	0.29	-0.93	0.94	0.98	1.0	-0.96	0.98	0.98	0.82	0.98	-0.72	0.53	0.07	-0.86	0.94	1.0		1.0	-0.14
Long Term Investments	-0.6	1.0	1.0	0.62	0.71	0.87	-0.95	0.3	-0.93	0.94	0.98	1.0	-0.96	0.98	0.98	0.81	0.98	-0.71	0.52	0.08	-0.86	0.94	1.0	1.0		-0.14
Total Current Assets	0.34	-0.13	-0.15	-0.31	-0.27	0.22	0.04	0.08	0.42	0.12	-0.33	-0.14	0.22	-0.11	-0.33	0.05	-0.1	0.26	-0.1	0.28	0.18	0.05	-0.15	-0.14	-0.14

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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:

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. 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.

For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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.

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Ellington Total Revenue vs Interest Expense Analysis

Total Revenue vs Interest Expense

Total Revenue vs Interest Expense Correlation Analysis

Correlation Coefficient

Total Revenue

Interest Expense

Ellington Financial fundamental ratios Correlations

Ellington Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Long Term Investments	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Short Long Term Debt Total

Short Term Investments	- 1.0	Total Current Liabilities
Short Term Investments	- 0.99	Other Current Liab
Accounts Payable	- 0.98	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.97	Non Currrent Assets Other
Other Current Assets	- 0.97	Total Current Liabilities
Non Current Liabilities Total	- 0.96	Short Term Investments