Ellington Financial (Ellington Financial) Scaled Net Operating Assets : 0.95 (As of Mar. 2024)

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What is Ellington Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ellington Financial's operating assets for the quarter that ended in Mar. 2024 was $14,945.13 Mil. Ellington Financial's operating liabilities for the quarter that ended in Mar. 2024 was $421.23 Mil. Ellington Financial's Total Assets for the quarter that ended in Dec. 2023 was $15,315.93 Mil. Therefore, Ellington Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.95.

Ellington Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ellington Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(15087.003	-	446.386)	/	14085.886
=	1.04

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15315.93	-	228.927
=	15087.003

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13780.318	-	13333.932	-	0
=	446.386

Ellington Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(14945.133	-	421.231)	/	15315.93
=	0.95

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15132.6	-	187.467
=	14945.133

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13579.444	-	13158.213	-	0
=	421.231

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ellington Financial (Ellington Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ellington Financial Inc (NYSE:EFCRP.PFD) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

EFCpA.PFD:USA EFC:USA 1EL:Germany

Address

53 Forest Avenue, Old Greenwich, CT, USA, 06870

Website

http://www.ellingtonfinancial.com

Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. the Company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.