Ellington Credit Co Annual Interest Expense in USD from 2022 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Ellington Credit Co quarterly/annual Interest Expense history and growth rate from 2022 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $45.3M +$30.4M +205% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $14.8M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.