Ellington Residential Mortgage - Asset Resilience Ratio
Ellington Residential Mortgage (EARN) has an Asset Resilience Ratio of 1.76% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check strategic asset allocation of Ellington Residential Mortgage to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2023)
This chart shows how Ellington Residential Mortgage's Asset Resilience Ratio has changed over time. See Ellington Residential Mortgage net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Ellington Residential Mortgage's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see how much is Ellington Residential Mortgage worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $16.41 Million | 1.76% |
| Total Liquid Assets | $16.41 Million | 1.76% |
Asset Resilience Insights
- Limited Liquidity: Ellington Residential Mortgage maintains only 1.76% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Ellington Residential Mortgage Industry Peers by Asset Resilience Ratio
Compare Ellington Residential Mortgage's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Smart Agro LP
TA:SMAG |
Asset Management | 25.62% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.00% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
Insignia Financial Ltd
AU:IFL |
Asset Management | 5.74% |
|
MFF Capital Investments Ltd
AU:MFF |
Asset Management | 93.74% |
|
BlackRock Capital Allocation Trust
NYSE:BCAT |
Asset Management | 0.01% |
|
Wam Leaders Ltd
AU:WLE |
Asset Management | 95.44% |
Annual Asset Resilience Ratio for Ellington Residential Mortgage (2013–2023)
The table below shows the annual Asset Resilience Ratio data for Ellington Residential Mortgage.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 7.85% | $74.28 Million | $945.69 Million | +7.81pp |
| 2022-12-31 | 0.05% | $499.00K | $1.05 Billion | -7.30pp |
| 2021-12-31 | 7.35% | $117.50 Million | $1.60 Billion | +7.12pp |
| 2020-12-31 | 0.23% | $2.79 Million | $1.19 Billion | +0.09pp |
| 2019-12-31 | 0.14% | $2.08 Million | $1.49 Billion | +0.12pp |
| 2018-12-31 | 0.02% | $379.00K | $1.68 Billion | -4.29pp |
| 2017-12-31 | 4.32% | $81.46 Million | $1.89 Billion | -0.93pp |
| 2016-12-31 | 5.25% | $75.01 Million | $1.43 Billion | +0.20pp |
| 2015-12-31 | 5.05% | $78.63 Million | $1.56 Billion | +4.13pp |
| 2014-12-31 | 0.92% | $13.99 Million | $1.52 Billion | -1.39pp |
| 2013-12-31 | 2.31% | $34.96 Million | $1.51 Billion | -- |
About Ellington Residential Mortgage
Ellington Credit Company, a closed-end management investment company, focuses on generating current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations. It invests in mezzanine debt and equity tranches. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit … Read more