Ellington Historical Income Statement

EFC-PD Stock   23.06  0.30  1.28%   
Historical analysis of Ellington Financial income statement accounts such as Interest Income of 275.4 M or Depreciation And Amortization of 27 M can show how well Ellington Financial performed in making a profits. Evaluating Ellington Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ellington Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ellington Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ellington Financial is a good buy for the upcoming year.
  
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.

About Ellington Income Statement Analysis

Ellington Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ellington Financial shareholders. The income statement also shows Ellington investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ellington Financial Income Statement Chart

At present, Ellington Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 264.4 M, whereas Interest Income is forecasted to decline to about 275.4 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ellington Financial minus its cost of goods sold. It is profit before Ellington Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ellington Financial. It is also known as Ellington Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Ellington Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 264.4 M, whereas Interest Income is forecasted to decline to about 275.4 M.
 2021 2022 2023 2024 (projected)
Interest Income175.5M282.2M370.2M275.4M
Net Interest Income131.5M140.4M107.7M98.3M

Ellington Financial income statement Correlations

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-0.56-0.10.97-0.190.891.00.830.850.850.610.270.670.570.750.810.64-0.60.7-0.560.07
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-0.480.280.250.650.080.03-0.3-0.24-0.17-0.14-0.93-0.52-0.53-0.45-0.530.07-0.64-0.68-0.51-0.48
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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.
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 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.