Ellington Credit Co financial data

Symbol
EARN on NYSE
Industry
Real Estate Investment Trusts
Location
53 Forest Avenue, Old Greenwich, Connecticut
State of incorporation
Maryland
Fiscal year end
December 31
Former names
Ellington Residential Mortgage REIT (to 4/12/2024)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 628 % -29.9%
Return On Equity 3.1 % +124%
Return On Assets 0.43 % +208%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +67.6%
Common Stock, Shares, Outstanding 21.1M shares +47%
Entity Public Float 101M USD +6.1%
Common Stock, Value, Issued 211K USD +46.5%
Weighted Average Number of Shares Outstanding, Basic 20.4M shares +46.1%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -890K USD -174%
Income Tax Expense (Benefit) -75K USD
Net Income (Loss) Attributable to Parent 4.17M USD +169%
Earnings Per Share, Basic 0.21 USD/shares +75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 119M USD +172%
Assets 933M USD -13.9%
Liabilities 787M USD -18.6%
Retained Earnings (Accumulated Deficit) -145M USD -10.2%
Stockholders' Equity Attributable to Parent 146M USD +25.2%
Liabilities and Equity 933M USD -13.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.21M USD +49.4%
Net Cash Provided by (Used in) Financing Activities -55.5M USD -213%
Net Cash Provided by (Used in) Investing Activities 40.6M USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 21.1M shares +47%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -16.1M USD -974%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11M USD +0.56%
Deferred Tax Assets, Valuation Allowance 11.3M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 Rate
Cash and Cash Equivalents, Period Increase (Decrease) 1.84M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Additional Paid in Capital 291M USD +17.2%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 44.2M USD -12.4%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%