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
Ellington Financial: Offers Monthly Dividends And Should Benefit From Lower Interest Rates
Sep 29Ellington Financial: Well Positioned For A Housing Market Recovery
Apr 04Ellington Financial: Get 14% Yield Paid Monthly From This Growing REIT
Jan 13Ellington Financial: Lack Of Dividend Coverage Makes Me Hesitant
Sep 25Ellington Financial: Impending Acquisitions, A Potential Turning Point
Jul 06Analyst Forecasts Just Became More Bearish On Ellington Financial Inc. (NYSE:EFC)
Feb 26
Ellington Financial Non-GAAP EPS of $0.42 misses by $0.01
Feb 23Financial Position Analysis
Short Term Liabilities: EFC's short term assets ($14.5B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: EFC's short term assets ($14.5B) exceed its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: EFC's net debt to equity ratio (809.5%) is considered high.
Reducing Debt: EFC's debt to equity ratio has increased from 403.2% to 852.5% over the past 5 years.
Debt Coverage: EFC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EFC's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ellington Financial Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Matthew Howlett | B. Riley Securities, Inc. |
| Eric Hagen | BTIG |