Ellington Operating Cash Flow Per Share vs Average Payables Analysis

EFC-PE Stock

25.56 0.00 0.00%

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 Operating Cash Flow Per Share and its Average Payables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. 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.

Operating Cash Flow Per Share vs Average Payables

Operating Cash Flow Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Operating Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Ellington Financial's Operating Cash Flow Per Share and Average Payables is 0.25. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Average Payables 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 Operating Cash Flow Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Ellington Financial are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Operating Cash Flow Per Share i.e., Ellington Financial's Operating Cash Flow Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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. 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.

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	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	Capital Stock
Long Term Debt		-0.94	-0.27	-0.29	0.29	0.33	0.92	0.9	-0.55	-0.59	-0.6	0.9	0.66	-0.59	-0.68	-0.72	-0.53	-0.43	0.75	-0.6	-0.72	-0.95	-0.6	-0.6	-0.61	-0.68
Total Assets	-0.94		0.4	0.16	-0.16	-0.2	-0.98	-0.91	0.73	0.78	0.8	-0.93	-0.8	0.78	0.88	0.9	0.7	0.58	-0.88	0.81	0.9	0.99	0.8	0.8	0.81	0.87
Short Long Term Debt Total	-0.27	0.4		-0.83	0.84	0.8	-0.48	-0.1	0.8	0.8	0.79	-0.04	-0.87	0.8	0.31	0.68	0.86	0.97	-0.77	0.79	0.61	0.26	0.79	0.8	0.78	0.53
Other Current Liab	-0.29	0.16	-0.83		-1.0	-0.99	-0.07	-0.45	-0.46	-0.41	-0.4	-0.5	0.46	-0.41	0.15	-0.22	-0.52	-0.7	0.31	-0.4	-0.15	0.31	-0.4	-0.41	-0.38	-0.1
Total Current Liabilities	0.29	-0.16	0.84	-1.0		1.0	0.07	0.46	0.48	0.4	0.41	0.49	-0.47	0.4	-0.13	0.23	0.55	0.71	-0.32	0.4	0.17	-0.31	0.41	0.42	0.39	0.12
Total Stockholder Equity	0.33	-0.2	0.8	-0.99	1.0		0.13	0.51	0.47	0.35	0.37	0.52	-0.43	0.35	-0.15	0.2	0.53	0.68	-0.27	0.37	0.15	-0.35	0.37	0.38	0.35	0.11
Net Debt	0.92	-0.98	-0.48	-0.07	0.07	0.13		0.92	-0.7	-0.84	-0.82	0.86	0.83	-0.84	-0.82	-0.89	-0.69	-0.63	0.91	-0.82	-0.85	-0.96	-0.82	-0.82	-0.83	-0.8
Retained Earnings	0.9	-0.91	-0.1	-0.45	0.46	0.51	0.92		-0.4	-0.61	-0.57	0.94	0.54	-0.61	-0.77	-0.69	-0.37	-0.28	0.68	-0.57	-0.67	-0.96	-0.57	-0.57	-0.58	-0.64
Accounts Payable	-0.55	0.73	0.8	-0.46	0.48	0.47	-0.7	-0.4		0.85	0.94	-0.5	-0.94	0.85	0.74	0.93	1.0	0.92	-0.9	0.94	0.94	0.61	0.94	0.94	0.94	0.92
Cash	-0.59	0.78	0.8	-0.41	0.4	0.35	-0.84	-0.61	0.85		0.98	-0.54	-0.95	1.0	0.76	0.94	0.87	0.89	-0.97	0.98	0.87	0.7	0.98	0.98	0.97	0.82
Non Current Assets Total	-0.6	0.8	0.79	-0.4	0.41	0.37	-0.82	-0.57	0.94	0.98		-0.57	-0.97	0.98	0.82	0.98	0.95	0.91	-0.97	1.0	0.94	0.71	1.0	1.0	1.0	0.91
Non Currrent Assets Other	0.9	-0.93	-0.04	-0.5	0.49	0.52	0.86	0.94	-0.5	-0.54	-0.57		0.53	-0.54	-0.86	-0.72	-0.44	-0.26	0.66	-0.58	-0.75	-0.97	-0.58	-0.57	-0.59	-0.76
Other Assets	0.66	-0.8	-0.87	0.46	-0.47	-0.43	0.83	0.54	-0.94	-0.95	-0.97	0.53		-0.95	-0.71	-0.95	-0.96	-0.96	0.98	-0.97	-0.9	-0.69	-0.97	-0.97	-0.96	-0.85
Cash And Short Term Investments	-0.59	0.78	0.8	-0.41	0.4	0.35	-0.84	-0.61	0.85	1.0	0.98	-0.54	-0.95		0.76	0.94	0.87	0.89	-0.97	0.98	0.87	0.7	0.98	0.98	0.97	0.82
Net Receivables	-0.68	0.88	0.31	0.15	-0.13	-0.15	-0.82	-0.77	0.74	0.76	0.82	-0.86	-0.71	0.76		0.9	0.7	0.53	-0.79	0.82	0.92	0.86	0.82	0.82	0.83	0.95
Common Stock Shares Outstanding	-0.72	0.9	0.68	-0.22	0.23	0.2	-0.89	-0.69	0.93	0.94	0.98	-0.72	-0.95	0.94	0.9		0.92	0.84	-0.97	0.98	0.98	0.83	0.98	0.98	0.98	0.96
Short Term Investments	-0.53	0.7	0.86	-0.52	0.55	0.53	-0.69	-0.37	1.0	0.87	0.95	-0.44	-0.96	0.87	0.7	0.92		0.95	-0.91	0.95	0.91	0.58	0.94	0.95	0.94	0.88
Non Current Liabilities Total	-0.43	0.58	0.97	-0.7	0.71	0.68	-0.63	-0.28	0.92	0.89	0.91	-0.26	-0.96	0.89	0.53	0.84	0.95		-0.89	0.91	0.78	0.45	0.91	0.92	0.9	0.73
Inventory	0.75	-0.88	-0.77	0.31	-0.32	-0.27	0.91	0.68	-0.9	-0.97	-0.97	0.66	0.98	-0.97	-0.79	-0.97	-0.91	-0.89		-0.97	-0.93	-0.8	-0.97	-0.97	-0.97	-0.88
Other Current Assets	-0.6	0.81	0.79	-0.4	0.4	0.37	-0.82	-0.57	0.94	0.98	1.0	-0.58	-0.97	0.98	0.82	0.98	0.95	0.91	-0.97		0.94	0.71	1.0	1.0	1.0	0.91
Other Stockholder Equity	-0.72	0.9	0.61	-0.15	0.17	0.15	-0.85	-0.67	0.94	0.87	0.94	-0.75	-0.9	0.87	0.92	0.98	0.91	0.78	-0.93	0.94		0.83	0.94	0.94	0.95	0.99
Total Liab	-0.95	0.99	0.26	0.31	-0.31	-0.35	-0.96	-0.96	0.61	0.7	0.71	-0.97	-0.69	0.7	0.86	0.83	0.58	0.45	-0.8	0.71	0.83		0.71	0.71	0.72	0.8
Net Invested Capital	-0.6	0.8	0.79	-0.4	0.41	0.37	-0.82	-0.57	0.94	0.98	1.0	-0.58	-0.97	0.98	0.82	0.98	0.94	0.91	-0.97	1.0	0.94	0.71		1.0	1.0	0.91
Long Term Investments	-0.6	0.8	0.8	-0.41	0.42	0.38	-0.82	-0.57	0.94	0.98	1.0	-0.57	-0.97	0.98	0.82	0.98	0.95	0.92	-0.97	1.0	0.94	0.71	1.0		1.0	0.91
Total Current Assets	-0.61	0.81	0.78	-0.38	0.39	0.35	-0.83	-0.58	0.94	0.97	1.0	-0.59	-0.96	0.97	0.83	0.98	0.94	0.9	-0.97	1.0	0.95	0.72	1.0	1.0		0.92
Capital Stock	-0.68	0.87	0.53	-0.1	0.12	0.11	-0.8	-0.64	0.92	0.82	0.91	-0.76	-0.85	0.82	0.95	0.96	0.88	0.73	-0.88	0.91	0.99	0.8	0.91	0.91	0.92

Click cells to compare fundamentals

Ellington Financial Account Relationship Matchups

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.

C	Citigroup
GM	General Motors
F	Ford Motor

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:

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. 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.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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 Operating Cash Flow Per Share vs Average Payables Analysis

Operating Cash Flow Per Share vs Average Payables

Operating Cash Flow Per Share vs Average Payables Correlation Analysis

Correlation Coefficient

Operating Cash Flow Per Share

Average Payables

Ellington Financial fundamental ratios Correlations

Ellington Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Current Liabilities
Short Term Investments	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 1.0	Non Current Assets Total
Long Term Investments	+ 1.0	Non Current Assets Total

Total Current Liabilities	- 1.0	Other Current Liab
Total Stockholder Equity	- 0.99	Other Current Liab
Net Debt	- 0.98	Total Assets
Total Current Assets	- 0.97	Inventory
Long Term Investments	- 0.97	Inventory
Net Invested Capital	- 0.97	Inventory