Ellington Investments vs Change In Cash 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 Investments and its Change In Cash 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.
Investments vs Change In Cash
Investments vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Residential Investments account and Change In Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Ellington Residential's Investments and Change In Cash is -0.79. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash 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 Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Ellington Residential Mortgage are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., Ellington Residential's Investments and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Change In Cash
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 31st of December 2024, 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
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Ellington Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ellington Residential fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.2B | 1.6B | 1.1B | 945.7M | 1.5B | |
Other Current Liab | (3.8M) | (1.5M) | (2.8M) | (50.4M) | (12.1M) | (11.5M) | |
Total Stockholder Equity | 160.8M | 166.4M | 154.2M | 112.4M | 136.2M | 158.1M | |
Net Debt | 1.3B | 957.1M | 995.8M | 807.6M | (38.5M) | (36.6M) | |
Retained Earnings | (69.6M) | (63.3M) | (84.8M) | (128.7M) | (138.6M) | (131.7M) | |
Cash | 35.4M | 58.2M | 69.0M | 34.8M | 38.5M | 45.6M | |
Non Current Assets Total | 1.4B | 1.1B | 1.3B | 893.5M | 1.5B | 1.4B | |
Non Currrent Assets Other | (1.5B) | (1.2B) | (1.6B) | (1.1B) | (773.5M) | (734.9M) | |
Other Assets | 6.9M | 3.1M | 124.6M | 69.7M | (666.5M) | (633.1M) | |
Cash And Short Term Investments | 35.4M | 58.2M | 69.0M | 34.8M | 38.5M | 45.6M | |
Net Receivables | 45.1M | 51.9M | 93.2M | 55.6M | 58.9M | 60.5M | |
Common Stock Total Equity | 125K | 124K | 123K | 131K | 154.1K | 115.3K | |
Common Stock Shares Outstanding | 12.5M | 12.4M | 12.7M | 13.2M | 14.9M | 11.5M | |
Liabilities And Stockholders Equity | 1.5B | 1.2B | 1.6B | 1.1B | 945.7M | 1.5B | |
Non Current Liabilities Total | 32.0M | 13.2M | 379.4M | 50.4M | 79.9M | 75.9M | |
Other Stockholder Equity | 139.2M | 292.9M | 323.6M | 257.2M | 274.7M | 230.6M | |
Total Liab | 3.8M | 1.5M | 2.8M | 941.2M | 809.5M | 691.8M | |
Total Current Assets | 80.5M | 110.1M | 162.2M | 90.4M | 97.4M | 104.9M | |
Common Stock | 125K | 124K | 123K | 131K | 186K | 122.8K | |
Short Long Term Debt Total | 1.3B | 1.0B | 1.1B | 845.6M | 729.5M | 954.1M | |
Total Current Liabilities | 3.8M | 1.5M | 2.8M | 50.4M | 13.3M | 11.1M | |
Net Tangible Assets | 160.8M | 166.4M | 154.2M | 112.4M | 101.2M | 124.6M | |
Accounts Payable | 3.8M | 1.5M | 2.8M | 50.4M | 12.1M | 11.0M | |
Long Term Debt | 2.0M | 6.6M | 1.1M | 3.1M | 3.6M | 4.3M | |
Retained Earnings Total Equity | (69.6M) | (63.3M) | (84.8M) | (128.7M) | (115.8M) | (110.0M) | |
Short Term Investments | 2.1M |