Ellington Credit Company (EARN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Total Current Assets | 28.43M | 74.97M | 85.14M | 199.31M | 68.82M | 97.43M | 89.56M | 79.41M | 36.66M | 90.42M | 151.8M | 120.34M | 326.99M | 162.19M | 130.27M | 132.25M | 116.2M | 51.91M | 122.48M | 134.22M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 828.18 | 99.37 | 22.78 | 34.1 | 26.07 | 291.27 | 183.86 | 24.12 | 22.97 | 16.17 | -38.63 | -39.87 | -24.03 | -531.86 | 122.04 | -153.76 | 156.37 | 41.96 | 39.36 | 15.24 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54.7M | 0 | 0 |
| Total Non-Current Assets | 755.12M | 749.12M | 667.17M | 734.15M | 895.14M | 848.26M | 974.88M | 1B | 1.09B | 963.21M | 1.04B | 1B | 1.18B | 1.44B | 1.24B | 1.25B | 1.32B | 1.19B | 1.14B | 1.16B |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 754.72M | 725.78M | 666.81M | 717.2M | 812.04M | 847.83M | 937.22M | 991.74M | 925.74M | 962.28M | 1.02B | 989.82M | 1.15B | 1.32B | 1.23B | 1.21B | 1.22B | 1.08B | 2.23B | 2.31B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 783.56M | 824.09M | 752.3M | 933.46M | 963.96M | 945.69M | 1.06B | 1.08B | 1.12B | 1.05B | 1.19B | 1.12B | 1.51B | 1.6B | 1.37B | 1.38B | 1.43B | 1.19B | 1.26B | 1.29B |
| Asset Turnover | 0.00x | 0.01x | 0.02x | 0.01x | 0.02x | 0.00x | 0.00x | 0.01x | 0.01x | 0.02x | -0.01x | -0.01x | -0.01x | -0.00x | 0.00x | -0.00x | 0.00x | 0.01x | 0.01x | 0.02x |
| Asset Growth % | -18.71% | -12.86% | -29.32% | -13.89% | -14.24% | -10.24% | -10.49% | -3.37% | -25.42% | -34.08% | -12.98% | -18.77% | 5.24% | 33.78% | 8.16% | 6.86% | 11.78% | -19.76% | -24.54% | -23.85% |
| Total Current Liabilities | 520.38M | 595.52M | 513.28M | 728.3M | 744.99M | 787.98M | 887.9M | 930.54M | 925.02M | 893.91M | 985.81M | 972.19M | 1.24B | 1.07B | 1.06B | 1.14B | 1.11B | 1.53M | 1.06B | 912.52M |
| Accounts Payable | 2.84M | 32.55M | 23.8M | 148.11M | 60.12M | 57.29M | 75.27M | 54.12M | 48.14M | 50.36M | 46.45M | 20.63M | 23.76M | 2.84M | 975K | 659K | 4.07M | 1.53M | 1.12M | 1.86M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 517.54M | 562.97M | 486.92M | 578.5M | 683.17M | 729.54M | 811.18M | 875.03M | 875.67M | 842.46M | 938.05M | 950.34M | 1.21B | 1.06B | 1.06B | 1.14B | 1.11B | 0 | 1.06B | 909.82M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -118.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.02B | 0 | 0 |
| Current Ratio | 0.05x | 0.13x | 0.17x | 0.27x | 0.09x | 0.12x | 0.10x | 0.09x | 0.04x | 0.10x | 0.15x | 0.12x | 0.26x | 0.15x | 0.12x | 0.12x | 0.10x | 33.84x | 0.12x | 0.15x |
| Quick Ratio | 0.05x | 0.13x | 0.17x | 0.27x | 0.09x | 0.12x | 0.10x | 0.09x | 0.04x | 0.10x | 0.15x | 0.12x | 0.26x | 0.15x | 0.12x | 0.12x | 0.10x | 33.84x | 0.12x | 0.15x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 34.68M | 34.84M | 47.39M | 59.03M | 76.05M | 21.47M | 65.08M | 36.75M | 83.98M | 47.31M | 100.42M | 31M | 138.34M | 375.33M | 143.4M | 81.7M | 157.34M | 1.03B | 37.27M | 222.14M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 555.06M | 630.37M | 560.67M | 787.33M | 821.04M | 809.45M | 952.98M | 967.29M | 1.01B | 941.22M | 1.09B | 1B | 1.37B | 1.44B | 1.21B | 1.22B | 1.27B | 1.03B | 1.1B | 1.13B |
| Total Debt | 517.54M | 562.97M | 486.92M | 578.5M | 683.17M | 729.54M | 811.18M | 875.03M | 875.67M | 842.46M | 938.05M | 950.34M | 1.21B | 1.06B | 1.06B | 1.14B | 1.11B | 1.02B | 1.06B | 909.82M |
| Net Debt | 500.16M | 531.13M | 461.17M | 459.74M | 660.73M | 691.01M | 771.18M | 831.32M | -36.66M | 807.64M | 912.64M | 912.87M | 1.19B | 995.81M | 1B | 1.08B | 1.05B | 963.71M | 1B | 858.89M |
| Debt / Equity | 2.26x | 2.91x | 2.54x | 3.96x | 4.78x | 5.35x | 7.28x | 7.50x | 7.62x | 7.49x | 9.11x | 8.01x | 9.11x | 6.90x | 6.68x | 7.02x | 6.78x | 6.14x | 6.54x | 5.77x |
| Debt / EBITDA | - | - | 82.42x | - | 160.22x | 30.46x | - | 727.37x | 374.70x | 60.30x | - | - | - | 223.47x | 1235.11x | - | 8714.36x | 138.20x | 130.78x | 42.62x |
| Net Debt / EBITDA | - | - | 78.06x | - | 154.96x | 28.85x | - | 691.04x | -15.69x | 57.81x | - | - | - | 208.98x | 1163.99x | - | 8300.98x | 130.34x | 123.24x | 40.24x |
| Interest Coverage | -1.27x | -0.33x | 0.76x | -0.09x | 0.42x | 2.08x | -0.92x | 0.10x | 0.24x | 1.56x | -3.20x | -5.45x | -15.84x | -3.78x | 1.56x | -6.86x | 0.16x | 10.33x | 9.91x | 9.16x |
| Total Equity | 228.5M | 193.73M | 191.63M | 146.13M | 142.92M | 136.24M | 111.46M | 116.7M | 114.98M | 112.41M | 103M | 118.63M | 132.9M | 154.22M | 158.9M | 161.85M | 163.14M | 166.4M | 162.4M | 157.68M |
| Equity Growth % | 59.88% | 42.2% | 71.93% | 25.22% | 24.3% | 21.2% | 8.21% | -1.63% | -13.49% | -27.11% | -35.18% | -26.7% | -18.54% | -7.32% | -2.16% | 2.65% | 16.76% | 3.46% | 5.07% | 1.99% |
| Book Value per Share | 6.56 | 6.74 | 7.49 | 7.18 | 7.31 | 8.18 | 7.33 | 8.37 | 8.41 | 8.46 | 7.84 | 9.05 | 10.14 | 11.84 | 12.30 | 13.02 | 13.22 | 13.49 | 13.18 | 12.80 |
| Total Shareholders' Equity | 228.5M | 193.73M | 191.63M | 146.13M | 142.92M | 136.24M | 111.46M | 116.7M | 114.98M | 112.41M | 103M | 118.63M | 132.9M | 154.22M | 158.9M | 161.85M | 163.14M | 166.4M | 162.4M | 157.68M |
| Common Stock | 376K | 297K | 280K | 211K | 198K | 186K | 159K | 144K | 138K | 134K | 132K | 131K | 131K | 131K | 129K | 129K | 123K | 123K | 123K | 123K |
| Retained Earnings | -171.74M | -155.16M | -146.17M | -145.2M | -139.44M | -138.65M | -146.96M | -131.8M | -129.63M | -128.66M | -137.15M | -120.32M | -106.17M | -84.77M | -78.1M | -75.08M | -66.66M | -63.34M | -67.27M | -71.94M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |