Ellington Net Interest Income vs Depreciation And Amortization 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 Net Interest Income and its Depreciation And Amortization 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.

Net Interest Income vs Depreciation And Amortization

Net Interest Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Net Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.

The correlation between Ellington Financial's Net Interest Income and Depreciation And Amortization is 0.23. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization 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 Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Ellington Financial are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., Ellington Financial's Net Interest Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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.

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

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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:

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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.

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Ellington Net Interest Income vs Depreciation And Amortization Analysis

Net Interest Income vs Depreciation And Amortization

Net Interest Income vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Net Interest Income

Depreciation And Amortization

Ellington Financial fundamental ratios Correlations

Ellington Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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