Ellington Historical Cash Flow
| EARN Stock | USD 6.65 0.08 1.22% |
Analysis of Ellington Residential cash flow over time is an excellent tool to project Ellington Residential future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Net Income of 4.8 M or End Period Cash Flow of 36.8 M as it is a great indicator of Ellington Residential ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Ellington Residential latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ellington Residential is a good buy for the upcoming year.
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About Ellington Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Ellington balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Ellington's non-liquid assets can be easily converted into cash.
Ellington Residential Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Ellington Residential's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Ellington Residential's Total Cashflows From Investing Activities is very stable compared to the past year. As of the 22nd of November 2024, Dividends Paid is likely to grow to about 17.2 M, though Free Cash Flow is likely to grow to (9.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Dividends Paid | 17.3M | 13.9M | 14.1M | 17.2M | Depreciation | 7.5M | 2.3M | 2.6M | 2.5M |
Ellington Residential cash flow statement Correlations
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Ellington Residential Account Relationship Matchups
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High Negative Relationship
Ellington Residential cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 16.8M | 22.8M | 10.9M | (34.2M) | 3.7M | 6.2M | |
| Free Cash Flow | 17.5M | 24.4M | 27.9M | 22.4M | (10.0M) | (9.5M) | |
| Change In Working Capital | (877K) | (1.7M) | 196K | 4.8M | (2.9M) | (3.1M) | |
| Other Cashflows From Financing Activities | (206.4M) | (290.8M) | 6.2M | (155.1M) | (91.7M) | (87.1M) | |
| Other Non Cash Items | (4.1M) | 5.7M | 33.7M | 45.3M | (11.9M) | (11.3M) | |
| Total Cash From Operating Activities | 17.5M | 24.4M | 27.9M | 22.4M | (10.0M) | (9.5M) | |
| Change To Account Receivables | 591K | 902K | (390K) | 1.2M | (1.2M) | (1.1M) | |
| Net Income | 22.3M | 20.1M | (6.3M) | (30.2M) | 4.6M | 4.8M | |
| Total Cash From Financing Activities | (222.6M) | (305.6M) | (1.8M) | (167.2M) | (72.0M) | (68.4M) | |
| End Period Cash Flow | 35.4M | 58.2M | 69.0M | 34.8M | 38.5M | 36.8M | |
| Sale Purchase Of Stock | (9.4M) | (747K) | (986K) | 8.9M | (262K) | 0.0 | |
| Investments | 214.3M | 317.6M | 99.9M | (53.1M) | 120.8M | 126.9M | |
| Change Receivables | 591K | 902K | (390K) | 1.2M | 1.4M | 1.4M | |
| Net Borrowings | (185.3M) | (281.0M) | 49.6M | (222.4M) | (200.1M) | (190.1M) | |
| Stock Based Compensation | 203K | 216K | 241K | 271K | 312K | 255K | |
| Begin Period Cash Flow | 18.6M | 35.4M | 58.2M | 69.0M | 34.8M | 45.9M | |
| Total Cashflows From Investing Activities | 221.9M | 304.1M | (15.2M) | 110.5M | 127.1M | 133.5M | |
| Depreciation | 14.9M | 14.3M | 7.5M | 2.3M | 2.6M | 2.5M | |
| Dividends Paid | 15.5M | 13.8M | 17.3M | 13.9M | 14.1M | 17.2M | |
| Cash And Cash Equivalents Changes | 16.8M | 22.8M | 10.9M | (34.2M) | (30.8M) | (29.3M) | |
| Cash Flows Other Operating | 39.0M | 13.5M | 2.5M | (49.0M) | (44.1M) | (41.9M) | |
| Other Cashflows From Investing Activities | 7.6M | (13.5M) | (115.1M) | 163.6M | 188.2M | 197.6M | |
| Change To Netincome | (57.7M) | 5.9M | 23.9M | 94.6M | 108.7M | 114.2M | |
| Change To Liabilities | (1.5M) | (3.3M) | 606K | 3.6M | 3.2M | 3.4M | |
| Change To Operating Activities | (216K) | 685K | 171K | (232K) | (266.8K) | (280.1K) |
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 against Ellington Stock
| 0.62 | LC | LendingClub Corp | PairCorr |
| 0.56 | DIST | Distoken Acquisition | PairCorr |
| 0.55 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.53 | QD | Qudian Inc | PairCorr |
| 0.52 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
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.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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 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 0.185 | Dividend Share 0.96 | Earnings Share 1.25 | Revenue Per Share (0.92) | Quarterly Revenue Growth (0.78) |
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.