Ellington Financial's Total Assets for the quarter that ended in Dec. 2023 was $15,315.9 Mil.
During the past 12 months, Ellington Financial's average Total Assets Growth Rate was 8.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 65.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 35.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.
During the past 13 years, Ellington Financial's highest 3-Year average Total Assets Growth Rate was 65.90%. The lowest was -8.40%. And the median was 11.80%.
Total Assets is connected with ROA %. Ellington Financial's annualizedROA % for the quarter that ended in Dec. 2023 was 0.50%. Total Assets is also linked to Revenue through Asset Turnover. Ellington Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
Ellington Financial Total Assets Historical Data
The historical data trend for Ellington Financial's Total Assets can be seen below:
* 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Ellington Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ellington Financial (NYSE:EFC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Ellington Financial's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Ellington Financial Total Assets Related Terms
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Ellington Financial (Ellington Financial) Business Description
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.
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