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
Ellington Residential Mortgage (EARN) - Total Assets
Latest total assets as of September 2025: $415.74 Million USD
Based on the latest financial reports, Ellington Residential Mortgage (EARN) holds total assets worth $415.74 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ellington Residential Mortgage - Total Assets Trend (2012–2024)
This chart illustrates how Ellington Residential Mortgage’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ellington Residential Mortgage - Asset Composition Analysis
Current Asset Composition (December 2024)
Ellington Residential Mortgage's total assets of $415.74 Million consist of 9.1% current assets and 90.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.9% |
| Accounts Receivable | $43.13 Million | 5.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Ellington Residential Mortgage's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ellington Residential Mortgage's current assets represent 9.1% of total assets in 2024, an increase from 0.1% in 2012.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2024, down from 56.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 5.2% of total assets.
Ellington Residential Mortgage Competitors by Total Assets
Key competitors of Ellington Residential Mortgage based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Ellington Residential Mortgage - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ellington Residential Mortgage generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ellington Residential Mortgage generates $ 0.80 in net profit.
Ellington Residential Mortgage - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.39 | 0.17 | 0.12 |
| Quick Ratio | 2.39 | 0.17 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $11.68 Million | $ -428.15 Million | $ -941.37 Million |
Ellington Residential Mortgage - Advanced Valuation Insights
This section examines the relationship between Ellington Residential Mortgage's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.76 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -12.9% |
| Total Assets | $824.09 Million |
| Market Capitalization | $161.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ellington Residential Mortgage's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ellington Residential Mortgage's assets decreased by 12.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ellington Residential Mortgage (2012–2024)
The table below shows the annual total assets of Ellington Residential Mortgage from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $824.09 Million | -12.86% |
| 2023-12-31 | $945.69 Million | -10.24% |
| 2022-12-31 | $1.05 Billion | -34.08% |
| 2021-12-31 | $1.60 Billion | +33.78% |
| 2020-12-31 | $1.19 Billion | -19.76% |
| 2019-12-31 | $1.49 Billion | -11.13% |
| 2018-12-31 | $1.68 Billion | -11.21% |
| 2017-12-31 | $1.89 Billion | +32.04% |
| 2016-12-31 | $1.43 Billion | -8.19% |
| 2015-12-31 | $1.56 Billion | +2.34% |
| 2014-12-31 | $1.52 Billion | +0.66% |
| 2013-12-31 | $1.51 Billion | +4599.27% |
| 2012-12-31 | $32.16 Million | -- |