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 23Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity
Jan 30Financial 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.