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 $13.2B, which brings its debt-to-equity ratio to 849.8%. Its total assets and total liabilities are $15.1B and $13.6B respectively.
Key information
849.8%
Debt to equity ratio
US$13.20b
Debt
Interest coverage ratio | n/a |
Cash | US$521.42m |
Equity | US$1.55b |
Total liabilities | US$13.58b |
Total assets | US$15.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFC.PRD's short term assets ($13.5B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: EFC.PRD's short term assets ($13.5B) exceed its long term liabilities ($9.1B).
Debt to Equity History and Analysis
Debt Level: EFC.PRD's net debt to equity ratio (816.2%) is considered high.
Reducing Debt: EFC.PRD's debt to equity ratio has increased from 348% to 849.8% over the past 5 years.
Debt Coverage: EFC.PRD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EFC.PRD's interest payments on its debt are well covered by EBIT.