Ellington Investments vs Net Borrowings 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 Net Borrowings 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 Net Borrowings

Investments vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Residential Investments account and Net Borrowings. At this time, the significance of the direction appears to have pay attention.
The correlation between Ellington Residential's Investments and Net Borrowings is -0.99. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Borrowings 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 Net Borrowings 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 Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Investments i.e., Ellington Residential's Investments and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
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