Ellington Financial Inc. (EFC-PE) - Total Assets
Based on the latest financial reports, Ellington Financial Inc. (EFC-PE) holds total assets worth $15.95 Billion USD as of September 2024. 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 Financial Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Ellington Financial Inc.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ellington Financial Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Ellington Financial Inc.'s total assets of $15.95 Billion consist of 105.3% current assets and -5.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $532.13 Million | 3.5% |
| Inventory | $-144.00 Million | -0.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $29.58 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Ellington Financial Inc.'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 Financial Inc.'s current assets represent 105.3% of total assets in 2023, a decrease from 205.1% in 2020.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2023, down from 6.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 3.5% of total assets.
Ellington Financial Inc. Competitors by Total Assets
Key competitors of Ellington Financial Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
TWO HARBORS INV. DL-0001
F:2H2
|
Germany | €10.86 Billion |
|
ANGEL OAK MTG DL-01
F:57V
|
Germany | €2.75 Billion |
|
CLAROS MORT.TR.INC.DL-01
F:5WO
|
Germany | €4.72 Billion |
|
FRANKLIN BSP RE.TR DL-01
F:6VH
|
Germany | €6.06 Billion |
|
LUMENT FINANCE TR. DL-01
F:70X
|
Germany | €1.22 Billion |
|
LUMENT FINAN.TR.PRF.A 25
F:70X1
|
Germany | €1.22 Billion |
|
AG MORTG.INV.NEW DL-01
F:8AGA
|
Germany | €8.71 Billion |
|
KKR REAL EST.FIN.TR. -01
F:8KR
|
Germany | €6.46 Billion |
Ellington Financial Inc. - 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 | 3.14 | 4.21 | 4.21 |
| Quick Ratio | 3.18 | 4.28 | 4.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.09 Billion | $9.74 Billion | $9.74 Billion |
Ellington Financial Inc. - Advanced Valuation Insights
This section examines the relationship between Ellington Financial Inc.'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 | - |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 228.5% |
| Total Assets | $15.32 Billion |
| Market Capitalization | $2.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ellington Financial Inc.'s assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ellington Financial Inc.'s assets grew by 228.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ellington Financial Inc. (2020–2023)
The table below shows the annual total assets of Ellington Financial Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $15.32 Billion | +228.54% |
| 2022-12-31 | $4.66 Billion | +55.67% |
| 2021-12-31 | $2.99 Billion | +68.85% |
| 2020-12-31 | $1.77 Billion | -- |
About Ellington Financial Inc.
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the prin… Read more