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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Ellington Credit Co quarterly/annual Interest Expense history and growth rate from Q3 2022 to Q3 2024.
- Ellington Credit Co Interest Expense for the quarter ending September 30, 2024 was $7.75M, a 37.2% decline year-over-year.
- Ellington Credit Co Interest Expense for the twelve months ending September 30, 2024 was $39.6M.
- Ellington Credit Co annual Interest Expense for 2023 was $45.3M, a 205% increase from 2022.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)