Ellington Current Ratio from 2010 to 2024

EFC Stock  USD 12.06  0.05  0.42%   
Ellington Financial's Current Ratio is decreasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 0.05. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.04891257
Current Value
0.0465
Quarterly Volatility
17.5293254
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ellington Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellington Financial's main balance sheet or income statement drivers, such as Interest Expense of 275.6 M, Selling General Administrative of 71.9 M or Total Revenue of 369.5 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.14 or PTB Ratio of 0.85. Ellington financial statements analysis is a perfect complement when working with Ellington Financial Valuation or Volatility modules.
  
Check out the analysis of Ellington Financial Correlation against competitors.

Latest Ellington Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Ellington Financial LLC over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Ellington Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ellington Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.46 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Ellington Current Ratio Regression Statistics

Arithmetic Mean7.08
Geometric Mean1.43
Coefficient Of Variation247.68
Mean Deviation9.45
Median1.30
Standard Deviation17.53
Sample Variance307.28
Range68.68
R-Value(0.31)
Mean Square Error298.78
R-Squared0.1
Significance0.26
Slope(1.22)
Total Sum of Squares4,302

Ellington Current Ratio History

2024 0.0465
2023 0.0489
2022 2.58
2021 5.71
2020 16.33
2019 3.42
2018 1.89

About Ellington Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ellington Financial income statement, its balance sheet, and the statement of cash flows. Ellington Financial investors use historical funamental indicators, such as Ellington Financial's Current Ratio, to determine how well the company is positioned to perform in the future. Although Ellington Financial investors may use each financial statement separately, they are all related. The changes in Ellington Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ellington Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ellington Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ellington Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.05  0.05 

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Additional Information and Resources on Investing in Ellington Stock

When determining whether Ellington Financial LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Financial Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Llc Stock:
Check out the analysis of Ellington Financial Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Dividend Share
1.78
Earnings Share
0.63
Revenue Per Share
3.397
Quarterly Revenue Growth
(0.06)
The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.