Ellington Asset Turnover from 2010 to 2024

EFC Stock  USD 12.47  0.10  0.81%   
Ellington Financial's Asset Turnover is decreasing over the years with stable fluctuation. Overall, Asset Turnover is expected to go to 0.02 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Ellington Financial uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01674733
Current Value
0.0233
Quarterly Volatility
0.01179571
 
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 269.3 M, as well as many indicators such as Price To Sales Ratio of 3.25, 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.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Latest Ellington Financial's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Ellington Financial over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Ellington Financial's Asset Turnover 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.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

Ellington Asset Turnover Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation69.03
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.0001
Range0.0469
R-Value(0.19)
Mean Square Error0.0001
R-Squared0.04
Significance0.49
Slope(0.0005)
Total Sum of Squares0

Ellington Asset Turnover History

2024 0.0233
2023 0.0167
2022 0.003063
2021 0.0236
2020 0.009156
2019 0.0196
2018 0.0193

Other Fundumenentals of Ellington Financial

Ellington Financial Asset Turnover component correlations

0.70.31-0.13-0.160.521.00.12-0.580.68-0.050.840.83-0.040.94-0.050.510.840.99-0.52
0.70.4-0.25-0.160.530.670.1-0.550.980.440.80.60.440.82-0.330.770.470.68-0.62
0.310.4-0.07-0.310.430.320.09-0.330.40.150.34-0.180.160.42-0.920.410.110.31-0.42
-0.13-0.25-0.070.42-0.17-0.120.780.44-0.22-0.26-0.37-0.23-0.26-0.110.19-0.42-0.41-0.20.4
-0.16-0.16-0.310.420.12-0.150.110.8-0.09-0.43-0.5-0.2-0.44-0.220.39-0.51-0.13-0.260.63
0.520.530.43-0.170.120.52-0.14-0.050.54-0.10.330.23-0.110.53-0.250.110.380.49-0.09
1.00.670.32-0.12-0.150.520.11-0.570.65-0.080.830.82-0.070.93-0.050.50.850.99-0.5
0.120.10.090.780.11-0.140.11-0.040.10.130.080.060.130.2-0.020.05-0.240.05-0.09
-0.58-0.55-0.330.440.8-0.05-0.57-0.04-0.48-0.46-0.88-0.63-0.48-0.650.34-0.84-0.45-0.640.87
0.680.980.4-0.22-0.090.540.650.1-0.480.460.770.580.460.83-0.330.690.450.65-0.6
-0.050.440.15-0.26-0.43-0.1-0.080.13-0.460.460.410.131.00.17-0.350.49-0.2-0.01-0.57
0.840.80.34-0.37-0.50.330.830.08-0.880.770.410.820.420.91-0.260.790.660.86-0.86
0.830.6-0.18-0.23-0.20.230.820.06-0.630.580.130.820.140.780.320.490.750.84-0.52
-0.040.440.16-0.26-0.44-0.11-0.070.13-0.480.461.00.420.140.18-0.360.5-0.190.0-0.58
0.940.820.42-0.11-0.220.530.930.2-0.650.830.170.910.780.18-0.240.630.680.91-0.7
-0.05-0.33-0.920.190.39-0.25-0.05-0.020.34-0.33-0.35-0.260.32-0.36-0.24-0.450.12-0.060.46
0.510.770.41-0.42-0.510.110.50.05-0.840.690.490.790.490.50.63-0.450.350.53-0.79
0.840.470.11-0.41-0.130.380.85-0.24-0.450.45-0.20.660.75-0.190.680.120.350.88-0.3
0.990.680.31-0.2-0.260.490.990.05-0.640.65-0.010.860.840.00.91-0.060.530.88-0.52
-0.52-0.62-0.420.40.63-0.09-0.5-0.090.87-0.6-0.57-0.86-0.52-0.58-0.70.46-0.79-0.3-0.52
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About Ellington Financial Financial Statements

Ellington Financial stakeholders use historical fundamental indicators, such as Ellington Financial's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Ellington Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ellington Financial's assets and liabilities are reflected in the revenues and expenses on Ellington Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ellington Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 58.44  61.36 
Asset Turnover 0.02  0.02 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ellington Financial 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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
Check out the analysis of Ellington Financial Correlation against competitors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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
0.908
Dividend Share
1.66
Earnings Share
1.29
Revenue Per Share
3.539
Quarterly Revenue Growth
0.19
The market value of Ellington Financial 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.