Ellington Net Income Per Share vs Net Income Analysis
EFC Stock | USD 12.36 0.02 0.16% |
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 Income Per Share and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
Net Income Per Share vs Net Income
Net Income Per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ellington Financial's Net Income Per Share and Net Income is 0.84. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income 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 Income Per Share and Net Income 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 Income Per Share of Ellington Financial are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Ellington Financial's Net Income Per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income Per Share
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ellington Financial financial statement analysis. It represents the amount of money remaining after all of Ellington Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.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) | Gross Profit | 122.0M | 23.5M | 251.8M | 264.4M | Total Revenue | 122.0M | 43.1M | 256.5M | 269.3M |
Ellington Financial fundamental ratios Correlations
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Ellington Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ellington Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3B | 3.4B | 5.2B | 14.1B | 15.3B | 16.1B | |
Other Current Liab | (80.4M) | (13.7M) | (54.0M) | (84.0M) | 410.8M | 431.4M | |
Total Current Liabilities | 80.4M | 13.7M | 54.0M | 84.0M | 5.1B | 5.3B | |
Total Stockholder Equity | 829.3M | 885.2M | 1.3B | 1.2B | 1.5B | 789.0M | |
Net Debt | 3.2B | 2.3B | 3.5B | 12.2B | (228.9M) | (217.5M) | |
Accounts Payable | 80.4M | 13.7M | 54.0M | 84.0M | 71.9M | 101.8M | |
Cash | 72.3M | 111.6M | 92.7M | 217.1M | 228.9M | 126.6M | |
Non Current Assets Total | 4.0B | 3.1B | 4.7B | 13.4B | 14.3B | 15.0B | |
Non Currrent Assets Other | (4.3B) | (3.4B) | (5.2B) | (13.4B) | (14.3B) | (13.6B) | |
Other Assets | 112.0M | 65.0M | 151.8M | 512.6M | 801.7M | 469.8M | |
Cash And Short Term Investments | 72.3M | 111.6M | 92.7M | 217.1M | 228.9M | 126.6M | |
Net Receivables | 202.9M | 112.5M | 215.7M | 176.2M | 584.4M | 458.7M | |
Common Stock Shares Outstanding | 32.1M | 44.1M | 49.2M | 60.6M | 69.1M | 35.0M | |
Short Term Investments | 73.6M | 38.6M | 123.3M | 226.4M | 173.1M | 121.2M | |
Liabilities And Stockholders Equity | 4.3B | 3.4B | 5.2B | 14.1B | 15.3B | 16.1B | |
Other Current Assets | (306.0M) | (247.9M) | (333.2M) | (426.4M) | (837.0M) | (795.1M) | |
Other Stockholder Equity | 821.7M | 915.7M | (162.0M) | 1.3B | 1.5B | 1.6B | |
Total Liab | 3.5B | 2.5B | 3.9B | 12.9B | 13.8B | 14.5B | |
Total Current Assets | 275.3M | 224.1M | 308.4M | 217.1M | 228.9M | 266.8M | |
Common Stock | 39K | 44K | 58K | 64K | 83K | 78.9K | |
Short Long Term Debt Total | 3.3B | 2.7B | 4.2B | 12.4B | 13.3B | 14.0B | |
Net Tangible Assets | 718.2M | 774.2M | 1.1B | 968.5M | 1.1B | 764.4M | |
Noncontrolling Interest In Consolidated Entity | 31.3M | 39.4M | 32.2M | 24.9M | 28.7M | 17.5M | |
Long Term Debt | 112.9M | 891.5M | 1.2B | 54.2M | 62.3M | 59.2M | |
Common Stock Total Equity | 39K | 44K | 58K | 64K | 57.6K | 54.7K | |
Non Current Liabilities Total | 3.3B | 2.4B | 3.6B | 84.0M | 2.6M | 2.4M | |
Capital Surpluse | 821.7M | 915.7M | 1.2B | 1.3B | 1.4B | 1.5B | |
Inventory | 30.6M | 23.6M | 24.7M | 28.4M | 22.1M | 23.2M | |
Long Term Investments | 2.5B | 3.2B | 4.7B | 1.6B | 14.3B | 15.0B | |
Non Current Liabilities Other | 2.7B | 3.1B | 3.6B | 4.4B | 5.1B | 2.8B | |
Long Term Debt Total | 112.9M | 891.5M | 1.2B | 54.2M | 62.3M | 59.2M | |
Short Term Debt | 2.6B | 1.8B | 3.0B | 4.7B | 4.6B | 4.8B | |
Current Deferred Revenue | (2.6B) | (1.8B) | (2.9B) | (4.6B) | (957K) | (1.0M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.908 | Dividend Share 1.66 | Earnings Share 1.29 | Revenue Per Share 3.539 | Quarterly Revenue Growth 0.19 |
The market value of Ellington Financial is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.