Ellington Cost Of Revenue vs Non Operating Income Net Other Analysis

EFC Stock  USD 12.40  0.11  0.90%   
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 Cost Of Revenue and its Non Operating Income Net Other 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 census.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Cost Of Revenue vs Non Operating Income Net Other

Cost Of Revenue vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Cost Of Revenue account and Non Operating Income Net Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ellington Financial's Cost Of Revenue and Non Operating Income Net Other is 0.69. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Non Operating Income Net Other 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 Cost Of Revenue and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Ellington Financial are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Cost Of Revenue i.e., Ellington Financial's Cost Of Revenue and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Ellington Financial income statement and represents the costs associated with goods and services Ellington Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Non Operating Income Net Other

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 census.
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)
Gross Profit122.0M23.5M294.3M309.0M
Total Revenue122.0M43.1M251.8M264.4M

Ellington Financial fundamental ratios Correlations

-0.710.80.7-0.250.31-0.130.591.0-0.980.00.59-0.160.730.52-0.380.861.00.12-0.580.990.68-0.05-0.61-0.560.84
-0.71-0.93-0.40.210.390.0-0.46-0.680.65-0.34-0.46-0.27-0.39-0.330.27-0.58-0.710.010.13-0.67-0.410.260.150.6-0.46
0.8-0.930.43-0.16-0.31-0.060.380.79-0.750.040.38-0.010.430.23-0.360.730.80.09-0.410.80.41-0.15-0.42-0.550.64
0.7-0.40.43-0.390.4-0.250.580.7-0.75-0.010.58-0.160.950.53-0.320.540.670.1-0.550.690.980.44-0.6-0.040.8
-0.250.21-0.16-0.39-0.15-0.29-0.11-0.250.240.15-0.110.06-0.410.00.44-0.24-0.24-0.260.1-0.24-0.47-0.190.10.0-0.29
0.310.39-0.310.4-0.15-0.070.290.33-0.36-0.170.29-0.310.470.43-0.080.240.320.09-0.330.320.40.15-0.35-0.010.34
-0.130.0-0.06-0.25-0.29-0.07-0.25-0.150.3-0.12-0.250.42-0.15-0.17-0.29-0.27-0.120.780.44-0.18-0.22-0.260.440.02-0.37
0.59-0.460.380.58-0.110.29-0.250.57-0.620.381.00.060.610.43-0.10.490.59-0.2-0.180.570.57-0.13-0.2-0.560.42
1.0-0.680.790.7-0.250.33-0.150.57-0.98-0.070.57-0.230.740.5-0.40.881.00.12-0.641.00.68-0.01-0.66-0.540.87
-0.980.65-0.75-0.750.24-0.360.3-0.62-0.980.02-0.620.28-0.77-0.530.35-0.88-0.980.030.68-0.99-0.72-0.030.70.51-0.9
0.0-0.340.04-0.010.15-0.17-0.120.38-0.070.020.380.78-0.070.390.47-0.220.0-0.480.63-0.080.04-0.470.61-0.42-0.34
0.59-0.460.380.58-0.110.29-0.251.00.57-0.620.380.060.610.43-0.10.490.59-0.2-0.180.570.57-0.13-0.2-0.560.42
-0.16-0.27-0.01-0.160.06-0.310.420.06-0.230.280.780.06-0.220.120.38-0.4-0.150.110.8-0.26-0.09-0.430.77-0.19-0.5
0.73-0.390.430.95-0.410.47-0.150.610.74-0.77-0.070.61-0.220.6-0.490.610.720.16-0.540.730.920.36-0.58-0.180.78
0.52-0.330.230.530.00.43-0.170.430.5-0.530.390.430.120.6-0.250.270.52-0.14-0.050.490.54-0.1-0.09-0.340.33
-0.380.27-0.36-0.320.44-0.08-0.29-0.1-0.40.350.47-0.10.38-0.49-0.25-0.37-0.37-0.410.31-0.39-0.32-0.150.320.1-0.39
0.86-0.580.730.54-0.240.24-0.270.490.88-0.88-0.220.49-0.40.610.27-0.370.860.03-0.740.890.5-0.04-0.75-0.460.84
1.0-0.710.80.67-0.240.32-0.120.591.0-0.980.00.59-0.150.720.52-0.370.860.11-0.570.990.65-0.08-0.6-0.590.83
0.120.010.090.1-0.260.090.78-0.20.120.03-0.48-0.20.110.16-0.14-0.410.030.11-0.040.090.10.13-0.050.230.08
-0.580.13-0.41-0.550.1-0.330.44-0.18-0.640.680.63-0.180.8-0.54-0.050.31-0.74-0.57-0.04-0.66-0.48-0.460.99-0.08-0.88
0.99-0.670.80.69-0.240.32-0.180.571.0-0.99-0.080.57-0.260.730.49-0.390.890.990.09-0.660.67-0.01-0.68-0.540.88
0.68-0.410.410.98-0.470.4-0.220.570.68-0.720.040.57-0.090.920.54-0.320.50.650.1-0.480.670.46-0.53-0.030.77
-0.050.26-0.150.44-0.190.15-0.26-0.13-0.01-0.03-0.47-0.13-0.430.36-0.1-0.15-0.04-0.080.13-0.46-0.010.46-0.480.630.41
-0.610.15-0.42-0.60.1-0.350.44-0.2-0.660.70.61-0.20.77-0.58-0.090.32-0.75-0.6-0.050.99-0.68-0.53-0.48-0.08-0.9
-0.560.6-0.55-0.040.0-0.010.02-0.56-0.540.51-0.42-0.56-0.19-0.18-0.340.1-0.46-0.590.23-0.08-0.54-0.030.63-0.08-0.13
0.84-0.460.640.8-0.290.34-0.370.420.87-0.9-0.340.42-0.50.780.33-0.390.840.830.08-0.880.880.770.41-0.9-0.13
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Ellington Financial Account Relationship Matchups

Ellington Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B3.4B5.2B14.1B15.3B16.1B
Other Current Liab(80.4M)(13.7M)(54.0M)(84.0M)(4.7B)(4.4B)
Total Current Liabilities80.4M13.7M54.0M84.0M5.1B5.3B
Total Stockholder Equity829.3M885.2M1.3B1.2B1.5B789.0M
Net Debt3.2B2.3B3.5B12.2B(228.9M)(217.5M)
Accounts Payable80.4M13.7M54.0M84.0M71.9M101.8M
Cash72.3M111.6M92.7M217.1M228.9M126.6M
Non Current Assets Total4.0B3.1B4.7B13.4B14.3B15.0B
Non Currrent Assets Other(4.3B)(3.4B)(5.2B)(13.4B)(14.3B)(13.6B)
Other Assets112.0M65.0M151.8M512.6M801.7M469.8M
Cash And Short Term Investments72.3M111.6M92.7M217.1M228.9M126.6M
Net Receivables202.9M112.5M215.7M176.2M584.4M458.7M
Common Stock Shares Outstanding32.1M44.1M49.2M60.6M69.1M35.0M
Short Term Investments73.6M38.6M123.3M226.4M173.1M121.2M
Liabilities And Stockholders Equity4.3B3.4B5.2B14.1B15.3B16.1B
Other Current Assets(306.0M)(247.9M)(333.2M)(426.4M)(837.0M)(795.1M)
Other Stockholder Equity821.7M915.7M(162.0M)1.3B1.5B1.6B
Total Liab3.5B2.5B3.9B12.9B13.8B14.5B
Total Current Assets275.3M224.1M308.4M217.1M228.9M266.8M
Common Stock39K44K58K64K83K78.9K
Short Long Term Debt Total3.3B2.7B4.2B12.4B13.3B14.0B
Net Tangible Assets718.2M774.2M1.1B968.5M1.1B764.4M
Noncontrolling Interest In Consolidated Entity31.3M39.4M32.2M24.9M28.7M17.5M
Long Term Debt112.9M891.5M1.2B54.2M62.3M59.2M
Common Stock Total Equity39K44K58K64K57.6K54.7K
Non Current Liabilities Total3.3B2.4B3.6B84.0M2.6M2.4M
Capital Surpluse821.7M915.7M1.2B1.3B1.4B1.5B
Inventory30.6M23.6M24.7M28.4M22.1M23.2M
Long Term Investments2.5B3.2B4.7B1.6B14.3B15.0B
Non Current Liabilities Other2.7B3.1B3.6B4.4B5.1B2.8B
Long Term Debt Total112.9M891.5M1.2B54.2M62.3M59.2M
Short Term Debt2.6B1.8B3.0B4.7B4.6B4.8B
Current Deferred Revenue(2.6B)(1.8B)(2.9B)(4.6B)(4.1B)(3.9B)

Also Currently Popular

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 census.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.