Ellington Total Liab vs Short Long Term Debt Total Analysis

EFC-PE Stock   25.61  0.07  0.27%   
Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial is a good investment. Please check the relationship between Ellington Financial Total Liab and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Total Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Total Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ellington Financial's Total Liab and Short Long Term Debt Total is 0.26. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Ellington Financial, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Total Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Ellington Financial are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Liab i.e., Ellington Financial's Total Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Long Term Debt Total

Most indicators from Ellington Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Financial 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 Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.At present, Ellington Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income175.5M282.2M370.2M275.4M
Net Interest Income131.5M140.4M107.7M98.3M

Ellington Financial fundamental ratios Correlations

-0.94-0.27-0.290.290.330.920.9-0.55-0.59-0.60.90.66-0.59-0.68-0.72-0.53-0.430.75-0.6-0.72-0.95-0.6-0.6-0.61-0.68
-0.940.40.16-0.16-0.2-0.98-0.910.730.780.8-0.93-0.80.780.880.90.70.58-0.880.810.90.990.80.80.810.87
-0.270.4-0.830.840.8-0.48-0.10.80.80.79-0.04-0.870.80.310.680.860.97-0.770.790.610.260.790.80.780.53
-0.290.16-0.83-1.0-0.99-0.07-0.45-0.46-0.41-0.4-0.50.46-0.410.15-0.22-0.52-0.70.31-0.4-0.150.31-0.4-0.41-0.38-0.1
0.29-0.160.84-1.01.00.070.460.480.40.410.49-0.470.4-0.130.230.550.71-0.320.40.17-0.310.410.420.390.12
0.33-0.20.8-0.991.00.130.510.470.350.370.52-0.430.35-0.150.20.530.68-0.270.370.15-0.350.370.380.350.11
0.92-0.98-0.48-0.070.070.130.92-0.7-0.84-0.820.860.83-0.84-0.82-0.89-0.69-0.630.91-0.82-0.85-0.96-0.82-0.82-0.83-0.8
0.9-0.91-0.1-0.450.460.510.92-0.4-0.61-0.570.940.54-0.61-0.77-0.69-0.37-0.280.68-0.57-0.67-0.96-0.57-0.57-0.58-0.64
-0.550.730.8-0.460.480.47-0.7-0.40.850.94-0.5-0.940.850.740.931.00.92-0.90.940.940.610.940.940.940.92
-0.590.780.8-0.410.40.35-0.84-0.610.850.98-0.54-0.951.00.760.940.870.89-0.970.980.870.70.980.980.970.82
-0.60.80.79-0.40.410.37-0.82-0.570.940.98-0.57-0.970.980.820.980.950.91-0.971.00.940.711.01.01.00.91
0.9-0.93-0.04-0.50.490.520.860.94-0.5-0.54-0.570.53-0.54-0.86-0.72-0.44-0.260.66-0.58-0.75-0.97-0.58-0.57-0.59-0.76
0.66-0.8-0.870.46-0.47-0.430.830.54-0.94-0.95-0.970.53-0.95-0.71-0.95-0.96-0.960.98-0.97-0.9-0.69-0.97-0.97-0.96-0.85
-0.590.780.8-0.410.40.35-0.84-0.610.851.00.98-0.54-0.950.760.940.870.89-0.970.980.870.70.980.980.970.82
-0.680.880.310.15-0.13-0.15-0.82-0.770.740.760.82-0.86-0.710.760.90.70.53-0.790.820.920.860.820.820.830.95
-0.720.90.68-0.220.230.2-0.89-0.690.930.940.98-0.72-0.950.940.90.920.84-0.970.980.980.830.980.980.980.96
-0.530.70.86-0.520.550.53-0.69-0.371.00.870.95-0.44-0.960.870.70.920.95-0.910.950.910.580.940.950.940.88
-0.430.580.97-0.70.710.68-0.63-0.280.920.890.91-0.26-0.960.890.530.840.95-0.890.910.780.450.910.920.90.73
0.75-0.88-0.770.31-0.32-0.270.910.68-0.9-0.97-0.970.660.98-0.97-0.79-0.97-0.91-0.89-0.97-0.93-0.8-0.97-0.97-0.97-0.88
-0.60.810.79-0.40.40.37-0.82-0.570.940.981.0-0.58-0.970.980.820.980.950.91-0.970.940.711.01.01.00.91
-0.720.90.61-0.150.170.15-0.85-0.670.940.870.94-0.75-0.90.870.920.980.910.78-0.930.940.830.940.940.950.99
-0.950.990.260.31-0.31-0.35-0.96-0.960.610.70.71-0.97-0.690.70.860.830.580.45-0.80.710.830.710.710.720.8
-0.60.80.79-0.40.410.37-0.82-0.570.940.981.0-0.58-0.970.980.820.980.940.91-0.971.00.940.711.01.00.91
-0.60.80.8-0.410.420.38-0.82-0.570.940.981.0-0.57-0.970.980.820.980.950.92-0.971.00.940.711.01.00.91
-0.610.810.78-0.380.390.35-0.83-0.580.940.971.0-0.59-0.960.970.830.980.940.9-0.971.00.950.721.01.00.92
-0.680.870.53-0.10.120.11-0.8-0.640.920.820.91-0.76-0.850.820.950.960.880.73-0.880.910.990.80.910.910.92
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Ellington Financial Account Relationship Matchups

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.