Ellington Short Long Term Debt Total vs Other Stockholder Equity 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 Short Long Term Debt Total and its Other Stockholder Equity 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.
Short Long Term Debt Total vs Other Stockholder Equity
Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ellington Financial's Short Long Term Debt Total and Other Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity 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 Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Ellington Financial are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Ellington Financial's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Other Stockholder Equity
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 |
Ellington Financial fundamental ratios Correlations
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Ellington Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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