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
Ellington 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 23Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity
Jan 30Ellington Financial: Fairly Valued, Shares Nearing A Breakout, Patience Required
Jan 20Ellington Financial declares $0.15 dividend
Jan 09Ellington Financial estimates book value per share relatively flat in November
Dec 20Ellington Financial declares $0.15 dividend
Dec 07Ellington Financial declares $0.15 dividend
Nov 16Ellington Financial: High Yielding Diversified mREIT Trading At A Deep Discount To Its BV
Nov 04Ellington Financial declares $0.15 dividend
Oct 18Ellington Financial declares $0.15 dividend
Oct 06Ellington Financial book value per share seen sliding 2% in August
Sep 19Ellington Financial declares $0.15 dividend
Sep 08Ellington Financial estimates book value per share rising nearly 1% in July
Aug 17Financial Position Analysis
Short Term Liabilities: EFC's short term assets ($13.4B) exceed its short term liabilities ($421.2M).
Long Term Liabilities: EFC's short term assets ($13.4B) exceed its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: EFC's net debt to equity ratio (816.2%) is considered high.
Reducing Debt: EFC's debt to equity ratio has increased from 348% to 849.8% 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.