Orchid Island Capital Balance Sheet Health
Financial Health criteria checks 4/6
Orchid Island Capital has a total shareholder equity of $481.6M and total debt of $3.7B, which brings its debt-to-equity ratio to 770.6%. Its total assets and total liabilities are $4.2B and $3.7B respectively.
Key information
770.6%
Debt to equity ratio
US$3.71b
Debt
Interest coverage ratio | n/a |
Cash | US$202.88m |
Equity | US$481.63m |
Total liabilities | US$3.73b |
Total assets | US$4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 45U0's short term assets ($231.7M) do not cover its short term liabilities ($3.7B).
Long Term Liabilities: 45U0's short term assets ($231.7M) exceed its long term liabilities ($677.0K).
Debt to Equity History and Analysis
Debt Level: 45U0's net debt to equity ratio (728.5%) is considered high.
Reducing Debt: 45U0's debt to equity ratio has reduced from 843.7% to 770.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 45U0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 45U0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.6% per year.