Ellington Selling General Administrative vs Depreciation And Amortization Analysis

EARN Stock  USD 7.22  0.02  0.28%   
Ellington Residential financial indicator trend analysis is much more than just examining Ellington Residential latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Residential is a good investment. Please check the relationship between Ellington Residential Selling General Administrative and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Residential Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ellington Residential's Selling General Administrative and Depreciation And Amortization is 0.16. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Ellington Residential Mortgage, assuming nothing else is changed. The correlation between historical values of Ellington Residential's Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Ellington Residential Mortgage are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Ellington Residential's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Ellington Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Residential current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Ellington Residential's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 1.1 M.

Ellington Residential fundamental ratios Correlations

0.030.960.740.17-0.380.660.98-0.02-0.270.660.710.80.750.650.830.640.70.730.090.0-0.03-0.330.3-0.310.45
0.03-0.08-0.18-0.260.69-0.060.17-0.02-0.46-0.060.11-0.33-0.350.4-0.320.070.27-0.440.67-0.990.7-0.81-0.060.6-0.18
0.96-0.080.750.27-0.430.740.93-0.05-0.190.740.610.850.790.540.880.560.620.79-0.020.1-0.04-0.260.25-0.330.4
0.74-0.180.750.53-0.70.510.69-0.470.060.510.520.910.950.230.910.350.610.89-0.320.17-0.38-0.130.39-0.660.48
0.17-0.260.270.53-0.630.410.05-0.840.670.41-0.080.560.61-0.580.53-0.510.270.55-0.590.19-0.350.130.0-0.670.08
-0.380.69-0.43-0.7-0.63-0.31-0.240.42-0.51-0.31-0.18-0.8-0.830.26-0.78-0.08-0.23-0.830.71-0.670.77-0.56-0.330.98-0.31
0.66-0.060.740.510.41-0.310.58-0.220.21.00.380.630.550.20.640.130.560.58-0.220.070.06-0.19-0.2-0.250.56
0.980.170.930.690.05-0.240.580.07-0.420.580.720.730.670.760.760.720.690.650.22-0.130.07-0.440.3-0.170.4
-0.02-0.02-0.05-0.47-0.840.42-0.220.07-0.63-0.220.21-0.32-0.420.56-0.280.59-0.18-0.280.350.080.140.11-0.020.49-0.08
-0.27-0.46-0.190.060.67-0.510.2-0.42-0.630.2-0.560.170.21-0.770.12-0.64-0.30.21-0.580.39-0.330.5-0.26-0.550.08
0.66-0.060.740.510.41-0.311.00.58-0.220.20.380.630.550.20.640.130.560.58-0.220.070.06-0.19-0.2-0.250.56
0.710.110.610.52-0.08-0.180.380.720.21-0.560.380.470.440.640.510.610.890.43-0.03-0.06-0.21-0.290.34-0.140.48
0.8-0.330.850.910.56-0.80.630.73-0.320.170.630.470.980.211.00.390.540.99-0.380.31-0.410.070.34-0.740.43
0.75-0.350.790.950.61-0.830.550.67-0.420.210.550.440.980.140.980.320.530.97-0.430.33-0.470.070.41-0.790.41
0.650.40.540.23-0.580.260.20.760.56-0.770.20.640.210.140.250.880.430.160.58-0.330.31-0.520.230.320.29
0.83-0.320.880.910.53-0.780.640.76-0.280.120.640.511.00.980.250.420.570.98-0.370.31-0.410.050.34-0.720.43
0.640.070.560.35-0.51-0.080.130.720.59-0.640.130.610.390.320.880.420.330.370.260.0-0.07-0.10.280.00.24
0.70.270.620.610.27-0.230.560.69-0.18-0.30.560.890.540.530.430.570.330.47-0.11-0.26-0.12-0.440.29-0.230.45
0.73-0.440.790.890.55-0.830.580.65-0.280.210.580.430.990.970.160.980.370.47-0.450.43-0.490.170.32-0.770.45
0.090.67-0.02-0.32-0.590.71-0.220.220.35-0.58-0.22-0.03-0.38-0.430.58-0.370.26-0.11-0.45-0.630.85-0.650.080.69-0.19
0.0-0.990.10.170.19-0.670.07-0.130.080.390.07-0.060.310.33-0.330.310.0-0.260.43-0.63-0.680.790.05-0.570.23
-0.030.7-0.04-0.38-0.350.770.060.070.14-0.330.06-0.21-0.41-0.470.31-0.41-0.07-0.12-0.490.85-0.68-0.7-0.150.74-0.2
-0.33-0.81-0.26-0.130.13-0.56-0.19-0.440.110.5-0.19-0.290.070.07-0.520.05-0.1-0.440.17-0.650.79-0.7-0.07-0.54-0.11
0.3-0.060.250.390.0-0.33-0.20.3-0.02-0.26-0.20.340.340.410.230.340.280.290.320.080.05-0.15-0.07-0.36-0.15
-0.310.6-0.33-0.66-0.670.98-0.25-0.170.49-0.55-0.25-0.14-0.74-0.790.32-0.720.0-0.23-0.770.69-0.570.74-0.54-0.36-0.27
0.45-0.180.40.480.08-0.310.560.4-0.080.080.560.480.430.410.290.430.240.450.45-0.190.23-0.2-0.11-0.15-0.27
Click cells to compare fundamentals

Ellington Residential Account Relationship Matchups

Ellington Residential fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.2B1.6B1.1B945.7M1.5B
Other Current Liab(3.8M)(1.5M)(2.8M)(50.4M)(729.5M)(693.1M)
Total Stockholder Equity160.8M166.4M154.2M112.4M136.2M158.1M
Net Debt1.3B957.1M995.8M807.6M691.0M408.0M
Retained Earnings(69.6M)(63.3M)(84.8M)(128.7M)(138.6M)(131.7M)
Cash35.4M58.2M69.0M34.8M38.5M45.6M
Non Current Assets Total1.4B1.1B1.3B893.5M848.3M1.0B
Non Currrent Assets Other(1.4B)(1.1B)(1.3B)(893.5M)431K452.6K
Other Assets6.9M3.1M124.6M69.7M54.4M57.1M
Cash And Short Term Investments35.4M58.2M69.0M34.8M38.5M45.6M
Net Receivables45.1M51.9M93.2M55.6M58.9M60.5M
Common Stock Total Equity125K124K123K131K154.1K115.3K
Common Stock Shares Outstanding12.5M12.4M12.7M13.2M14.9M11.5M
Liabilities And Stockholders Equity1.5B1.2B1.6B1.1B945.7M1.5B
Non Current Liabilities Total32.0M13.2M379.4M50.4M79.9M75.9M
Other Stockholder Equity230.4M229.6M238.9M240.9M274.7M223.9M
Total Liab3.8M1.5M2.8M941.2M809.5M691.8M
Total Current Assets80.5M110.1M162.2M90.4M43.1M40.9M
Common Stock125K124K123K131K186K122.8K
Short Long Term Debt Total1.3B1.0B1.1B842.5M729.5M951.4M
Total Current Liabilities3.8M1.5M2.8M50.4M729.5M766.0M
Net Tangible Assets160.8M166.4M154.2M112.4M101.2M124.6M
Accounts Payable3.8M1.5M2.8M50.4M57.3M60.2M
Long Term Debt2.0M6.6M1.1M3.1M3.6M4.3M
Retained Earnings Total Equity(69.6M)(63.3M)(84.8M)(128.7M)(115.8M)(110.0M)
Short Term Investments2.1M2.8M117.5M499K74.3M44.7M
Long Term Debt Total2.0M6.6M1.1M3.1M3.6M4.8M
Capital Surpluse230.4M229.6M238.9M240.9M277.1M238.8M
Long Term Investments4.2M292K6.6M68.8M773.5M812.2M
Non Current Liabilities Other1.3B1.0B1.2B843.0M758.7M1.0B
Other Current Assets(80.5M)(110.1M)(162.2M)(90.4M)(97.4M)(102.3M)
Short Term Debt1.3B1.0B1.1B842.5M729.5M942.4M
Capital Stock124K123K131K134K186K150.9K

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When determining whether Ellington Residential offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Residential'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 Residential Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Residential Mortgage Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Ellington Residential's industry 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 Residential. 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 Residential 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
(0.15)
Dividend Share
0.96
Earnings Share
0.31
Revenue Per Share
(0)
Quarterly Revenue Growth
(0.83)
The market value of Ellington Residential 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 Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential'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 Residential's market value can be influenced by many factors that don't directly affect Ellington Residential'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 Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential'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.