Ellington Net Debt from 2010 to 2026

EARN Stock  USD 5.22  0.04  0.76%   
Ellington Residential Net Debt yearly trend continues to be very stable with very little volatility. Net Debt is likely to grow to about 644.4 M this year. Net Debt is the total debt of Ellington Residential Mortgage minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2013-03-31
Previous Quarter
531.1 M
Current Value
500.2 M
Quarterly Volatility
530.4 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ellington Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellington Residential's main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.1 M, Selling General Administrative of 2.3 M or Total Revenue of 61.2 M, as well as many indicators such as Price To Sales Ratio of 3.88, Dividend Yield of 0.1 or PTB Ratio of 1.31. Ellington financial statements analysis is a perfect complement when working with Ellington Residential Valuation or Volatility modules.
  
Build AI portfolio with Ellington Stock
Check out the analysis of Ellington Residential Correlation against competitors.
Evaluating Ellington Residential's Net Debt across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Ellington Residential Mortgage's fundamental strength.

Latest Ellington Residential's Net Debt Growth Pattern

Below is the plot of the Net Debt of Ellington Residential Mortgage over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Ellington Residential's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ellington Residential's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Ellington Net Debt Regression Statistics

Arithmetic Mean519,645,633
Coefficient Of Variation100.17
Mean Deviation451,808,632
Median610,804,100
Standard Deviation520,544,707
Sample Variance270966.8T
Range1.3B
R-Value0.35
Mean Square Error253828.8T
R-Squared0.12
Significance0.17
Slope35,975,120
Total Sum of Squares4335468.7T

Ellington Net Debt History

2026644.4 M
2025610.8 M
2024531.1 M
2023691 M
2022807.6 M
2021995.8 M
2020957.1 M

Other Fundumenentals of Ellington Residential

Ellington Residential Net Debt component correlations

0.730.33-0.150.730.650.750.160.13-0.38-0.490.280.10.340.21-0.020.240.14-0.21
0.730.44-0.570.450.460.630.7-0.310.18-0.130.220.270.270.620.36-0.340.540.48
0.330.44-0.270.05-0.140.450.26-0.150.390.06-0.23-0.22-0.120.260.37-0.290.320.08
-0.15-0.57-0.27-0.05-0.03-0.27-0.870.83-0.66-0.57-0.26-0.24-0.21-0.87-0.40.82-0.74-0.69
0.730.450.05-0.050.620.890.06-0.08-0.2-0.360.340.240.35-0.08-0.110.1-0.2-0.17
0.650.46-0.14-0.030.620.430.1-0.01-0.38-0.130.280.080.37-0.060.160.24-0.15-0.07
0.750.630.45-0.270.890.430.29-0.220.09-0.220.220.240.260.160.1-0.160.05-0.02
0.160.70.26-0.870.060.10.29-0.710.680.440.180.320.160.770.56-0.730.630.79
0.13-0.31-0.150.83-0.08-0.01-0.22-0.71-0.76-0.7-0.12-0.23-0.08-0.54-0.460.9-0.41-0.73
-0.380.180.39-0.66-0.2-0.380.090.68-0.760.71-0.210.21-0.220.430.59-0.890.360.7
-0.49-0.130.06-0.57-0.36-0.13-0.220.44-0.70.71-0.110.04-0.180.360.34-0.660.310.49
0.280.22-0.23-0.260.340.280.220.18-0.12-0.21-0.11-0.310.950.3-0.160.060.30.01
0.10.27-0.22-0.240.240.080.240.32-0.230.210.04-0.31-0.390.210.09-0.30.070.4
0.340.27-0.12-0.210.350.370.260.16-0.08-0.22-0.180.95-0.390.230.060.110.24-0.02
0.210.620.26-0.87-0.08-0.060.160.77-0.540.430.360.30.210.230.23-0.60.950.61
-0.020.360.37-0.4-0.110.160.10.56-0.460.590.34-0.160.090.060.23-0.470.180.52
0.24-0.34-0.290.820.10.24-0.16-0.730.9-0.89-0.660.06-0.30.11-0.6-0.47-0.52-0.81
0.140.540.32-0.74-0.2-0.150.050.63-0.410.360.310.30.070.240.950.18-0.520.58
-0.210.480.08-0.69-0.17-0.07-0.020.79-0.730.70.490.010.4-0.020.610.52-0.810.58
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About Ellington Residential Financial Statements

Ellington Residential investors utilize fundamental indicators, such as Net Debt, to predict how Ellington Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt610.8 M644.4 M
Net Debt To EBITDA 86.08  81.77 

Pair Trading with Ellington Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellington Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellington Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ellington Stock

  0.93DX Dynex CapitalPairCorr

Moving against Ellington Stock

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  0.34RC Ready Capital CorpPairCorr
The ability to find closely correlated positions to Ellington Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellington Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellington Residential Mortgage to buy it.
The correlation of Ellington Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellington Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ellington Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of Ellington Residential Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Mortgage Real Estate Investment Trusts (REITs) sector continue expanding? Could Ellington diversify its offerings? Factors like these will boost the valuation of Ellington Residential. Projected growth potential of Ellington fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ellington Residential data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.185
Dividend Share
0.96
Earnings Share
0.28
Revenue Per Share
1.31
Quarterly Revenue Growth
(0.34)
Understanding Ellington Residential requires distinguishing between market price and book value, where the latter reflects Ellington's accounting equity. The concept of intrinsic value - what Ellington Residential's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Ellington Residential's price substantially above or below its fundamental value.
It's important to distinguish between Ellington Residential's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ellington Residential should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Ellington Residential's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.