ELLINGTON FINL Net Income vs. Total Debt
| 1EL Stock | EUR 11.60 0.10 0.85% |
For ELLINGTON FINL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ELLINGTON FINL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ELLINGTON FINL INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ELLINGTON FINL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ELLINGTON FINL INC over time as well as its relative position and ranking within its peers.
ELLINGTON |
ELLINGTON FINL INC Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ELLINGTON FINL's current stock value. Our valuation model uses many indicators to compare ELLINGTON FINL value to that of its competitors to determine the firm's financial worth. ELLINGTON FINL INC is rated below average in net income category among its peers. It is rated below average in total debt category among its peers making up about 17.29 of Total Debt per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ELLINGTON FINL's earnings, one of the primary drivers of an investment's value.ELLINGTON Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ELLINGTON FINL |
| = | 179.88 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
ELLINGTON FINL |
| = | 3.11 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
ELLINGTON Total Debt vs Competition
ELLINGTON FINL INC is rated below average in total debt category among its peers. Total debt of Mortgage Finance industry is presently estimated at about 83.79 Billion. ELLINGTON FINL holds roughly 3.11 Billion in total debt claiming about 4% of all equities under Mortgage Finance industry.
ELLINGTON FINL Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ELLINGTON FINL, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ELLINGTON FINL will eventually generate negative long term returns. The profitability progress is the general direction of ELLINGTON FINL's change in net profit over the period of time. It can combine multiple indicators of ELLINGTON FINL, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut. ELLINGTON FINL operates under Mortgage Finance classification in Germany and is traded on Frankfurt Stock Exchange.
ELLINGTON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ELLINGTON FINL. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ELLINGTON FINL position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ELLINGTON FINL's important profitability drivers and their relationship over time.
Use ELLINGTON FINL in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ELLINGTON FINL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ELLINGTON FINL will appreciate offsetting losses from the drop in the long position's value.ELLINGTON FINL Pair Trading
ELLINGTON FINL INC Pair Trading Analysis
The ability to find closely correlated positions to ELLINGTON FINL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ELLINGTON FINL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ELLINGTON FINL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ELLINGTON FINL INC to buy it.
The correlation of ELLINGTON FINL is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ELLINGTON FINL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ELLINGTON FINL INC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ELLINGTON FINL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ELLINGTON FINL position
In addition to having ELLINGTON FINL in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in ELLINGTON Stock
To fully project ELLINGTON FINL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ELLINGTON FINL INC at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ELLINGTON FINL's income statement, its balance sheet, and the statement of cash flows.