Ellington Change In Cash vs Change Receivables Analysis

EARN Stock  USD 6.49  0.08  1.22%   
Ellington Residential financial indicator trend analysis is much more than just examining Ellington Residential latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Residential is a good investment. Please check the relationship between Ellington Residential Change In Cash and its Change Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change In Cash vs Change Receivables

Change In Cash vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Residential Change In Cash account and Change Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ellington Residential's Change In Cash and Change Receivables is -0.55. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change Receivables in the same time period over historical financial statements of Ellington Residential Mortgage, assuming nothing else is changed. The correlation between historical values of Ellington Residential's Change In Cash and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Ellington Residential Mortgage are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Change In Cash i.e., Ellington Residential's Change In Cash and Change Receivables go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Most indicators from Ellington Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Residential 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 Residential Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Ellington Residential's Selling General Administrative is very stable compared to the past year. As of the 1st of January 2025, Issuance Of Capital Stock is likely to grow to about 19 M, though Sales General And Administrative To Revenue is likely to grow to (48.49).

Ellington Residential fundamental ratios Correlations

0.360.960.740.17-0.380.660.96-0.04-0.120.660.710.80.750.650.740.640.730.730.1-0.54-0.03-0.540.3-0.310.45
0.360.280.11-0.40.390.140.370.460.030.140.46-0.03-0.080.7-0.040.510.19-0.070.52-0.570.39-0.57-0.040.410.52
0.960.280.750.22-0.430.740.95-0.1-0.210.740.610.850.790.540.790.560.680.79-0.01-0.56-0.04-0.560.25-0.330.4
0.740.110.750.42-0.70.510.76-0.52-0.20.510.520.910.950.230.830.350.690.89-0.31-0.43-0.38-0.430.39-0.660.48
0.17-0.40.220.42-0.340.380.03-0.790.430.38-0.060.390.44-0.450.37-0.510.290.33-0.3-0.01-0.04-0.01-0.03-0.42-0.04
-0.380.39-0.43-0.7-0.34-0.31-0.450.620.53-0.31-0.18-0.8-0.830.26-0.73-0.08-0.48-0.830.71-0.080.77-0.07-0.330.98-0.31
0.660.140.740.510.38-0.310.59-0.28-0.021.00.380.630.550.20.760.130.610.58-0.23-0.410.06-0.41-0.2-0.250.56
0.960.370.950.760.03-0.450.590.02-0.340.590.70.830.780.650.730.710.690.80.02-0.55-0.15-0.560.31-0.340.49
-0.040.46-0.1-0.52-0.790.62-0.280.02-0.02-0.280.19-0.43-0.530.64-0.420.57-0.22-0.430.550.080.350.08-0.030.67-0.18
-0.120.03-0.21-0.20.430.53-0.02-0.34-0.02-0.02-0.16-0.3-0.310.06-0.23-0.24-0.2-0.420.460.130.610.15-0.160.41-0.26
0.660.140.740.510.38-0.311.00.59-0.28-0.020.380.630.550.20.760.130.610.58-0.23-0.410.06-0.41-0.2-0.250.56
0.710.460.610.52-0.06-0.180.380.70.19-0.160.380.470.440.640.50.610.890.43-0.02-0.4-0.21-0.40.34-0.140.48
0.8-0.030.850.910.39-0.80.630.83-0.43-0.30.630.470.980.210.920.390.680.99-0.37-0.28-0.41-0.290.34-0.740.43
0.75-0.080.790.950.44-0.830.550.78-0.53-0.310.550.440.980.140.90.320.670.97-0.42-0.3-0.47-0.310.41-0.790.41
0.650.70.540.23-0.450.260.20.650.640.060.20.640.210.140.20.880.320.160.58-0.420.31-0.420.230.320.29
0.74-0.040.790.830.37-0.730.760.73-0.42-0.230.760.50.920.90.20.330.740.9-0.44-0.28-0.38-0.290.33-0.690.51
0.640.510.560.35-0.51-0.080.130.710.57-0.240.130.610.390.320.880.330.330.370.27-0.16-0.07-0.160.280.00.24
0.730.190.680.690.29-0.480.610.69-0.22-0.20.610.890.680.670.320.740.330.64-0.33-0.4-0.37-0.40.32-0.440.56
0.73-0.070.790.890.33-0.830.580.8-0.43-0.420.580.430.990.970.160.90.370.64-0.45-0.26-0.49-0.270.32-0.770.45
0.10.52-0.01-0.31-0.30.71-0.230.020.550.46-0.23-0.02-0.37-0.420.58-0.440.27-0.33-0.45-0.290.85-0.280.10.68-0.19
-0.54-0.57-0.56-0.43-0.01-0.08-0.41-0.550.080.13-0.41-0.4-0.28-0.3-0.42-0.28-0.16-0.4-0.26-0.29-0.31.0-0.19-0.17-0.47
-0.030.39-0.04-0.38-0.040.770.06-0.150.350.610.06-0.21-0.41-0.470.31-0.38-0.07-0.37-0.490.85-0.3-0.29-0.150.74-0.2
-0.54-0.57-0.56-0.43-0.01-0.07-0.41-0.560.080.15-0.41-0.4-0.29-0.31-0.42-0.29-0.16-0.4-0.27-0.281.0-0.29-0.19-0.16-0.48
0.3-0.040.250.39-0.03-0.33-0.20.31-0.03-0.16-0.20.340.340.410.230.330.280.320.320.1-0.19-0.15-0.19-0.36-0.15
-0.310.41-0.33-0.66-0.420.98-0.25-0.340.670.41-0.25-0.14-0.74-0.790.32-0.690.0-0.44-0.770.68-0.170.74-0.16-0.36-0.27
0.450.520.40.48-0.04-0.310.560.49-0.18-0.260.560.480.430.410.290.510.240.560.45-0.19-0.47-0.2-0.48-0.15-0.27
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Ellington Residential Account Relationship Matchups

Ellington Residential fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.2B1.6B1.1B945.7M1.5B
Other Current Liab(3.8M)(1.5M)(2.8M)(50.4M)(12.1M)(11.5M)
Total Stockholder Equity160.8M166.4M154.2M112.4M136.2M158.1M
Net Debt1.3B957.1M995.8M807.6M(38.5M)(36.6M)
Retained Earnings(69.6M)(63.3M)(84.8M)(128.7M)(138.6M)(131.7M)
Cash35.4M58.2M69.0M34.8M38.5M45.6M
Non Current Assets Total1.4B1.1B1.3B893.5M1.5B1.4B
Non Currrent Assets Other(1.5B)(1.2B)(1.6B)(1.1B)(773.5M)(734.9M)
Other Assets6.9M3.1M124.6M69.7M(666.5M)(633.1M)
Cash And Short Term Investments35.4M58.2M69.0M34.8M38.5M45.6M
Net Receivables45.1M51.9M93.2M55.6M58.9M60.5M
Common Stock Total Equity125K124K123K131K154.1K115.3K
Common Stock Shares Outstanding12.5M12.4M12.7M13.2M14.9M11.5M
Liabilities And Stockholders Equity1.5B1.2B1.6B1.1B945.7M1.5B
Non Current Liabilities Total32.0M13.2M379.4M50.4M79.9M75.9M
Other Stockholder Equity139.2M292.9M323.6M257.2M274.7M230.6M
Total Liab3.8M1.5M2.8M941.2M809.5M691.8M
Total Current Assets80.5M110.1M162.2M90.4M97.4M104.9M
Common Stock125K124K123K131K186K122.8K
Short Long Term Debt Total1.3B1.0B1.1B845.6M729.5M954.1M
Total Current Liabilities3.8M1.5M2.8M50.4M13.3M11.1M
Net Tangible Assets160.8M166.4M154.2M112.4M101.2M124.6M
Accounts Payable3.8M1.5M2.8M50.4M12.1M11.0M
Long Term Debt2.0M6.6M1.1M3.1M3.6M4.3M
Retained Earnings Total Equity(69.6M)(63.3M)(84.8M)(128.7M)(115.8M)(110.0M)
Short Term Investments //window.location = "/error404.html";