Ellington Financial Balance Sheet Health
Financial Health criteria checks 2/6
Ellington Financial has a total shareholder equity of $1.6B and total debt of $13.9B, which brings its debt-to-equity ratio to 852.5%. Its total assets and total liabilities are $16.0B and $14.3B respectively.
Key information
852.5%
Debt to equity ratio
US$13.86b
Debt
| Interest coverage ratio | n/a |
| Cash | US$699.03m |
| Equity | US$1.63b |
| Total liabilities | US$14.33b |
| Total assets | US$15.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A26's short term assets ($14.5B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: 0A26's short term assets ($14.5B) exceed its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: 0A26's net debt to equity ratio (809.5%) is considered high.
Reducing Debt: 0A26's debt to equity ratio has increased from 403.2% to 852.5% over the past 5 years.
Debt Coverage: 0A26's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0A26's interest payments on its debt are well covered by EBIT.