Orchid Island Capital Balance Sheet Health
Financial Health criteria checks 2/6
Orchid Island Capital has a total shareholder equity of $656.0M and total debt of $5.2B, which brings its debt-to-equity ratio to 797.4%. Its total assets and total liabilities are $5.9B and $5.3B respectively.
Key information
797.4%
Debt to equity ratio
US$5.23b
Debt
| Interest coverage ratio | n/a |
| Cash | US$338.95m |
| Equity | US$656.02m |
| Total liabilities | US$5.26b |
| Total assets | US$5.92b |
Recent financial health updates
No updates
Recent updates
Assessing Orchid Island's Preliminary Results For Q3 2024
Nov 14Orchid Island Capital: High-Yield Just Fair Value At Best
Oct 14Orchid Island Capital: Q2 Earnings Show No Signs Of Turning Around
Jul 29Assessing Orchid Island's Performance For Q2 2024
Jul 22Orchid Island Capital: Decent Results But Long-Term Issues Remain
Apr 25Orchid Island Capital: Another Heavy Leverage, High Yield REIT
Jan 11Orchid Island Capital: Still A Bad Investment Choice
Dec 13Orchid Island Capital: 21% Dividend Yield May Be Cut As Net Interest Income Crumbles
Sep 09Orchid Island Capital: Looks Like A Yield Trap
Jul 07Orchid Island Capital declares $0.16 dividend
Feb 15Orchid Island Capital declares $0.16 dividend
Jan 11Orchid Island Capital declares $0.16 dividend
Dec 13Orchid Island Capital declares $0.16 dividend
Nov 09Orchid Island Capital EPS of -$2.40, Net interest income of $14.25M
Oct 27Financial Position Analysis
Short Term Liabilities: ORC's short term assets ($373.6M) do not cover its short term liabilities ($5.3B).
Long Term Liabilities: ORC's short term assets ($373.6M) exceed its long term liabilities ($992.0K).
Debt to Equity History and Analysis
Debt Level: ORC's net debt to equity ratio (745.7%) is considered high.
Reducing Debt: ORC's debt to equity ratio has reduced from 980% to 797.4% over the past 5 years.
Debt Coverage: ORC's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: Insufficient data to determine if ORC's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orchid Island Capital, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Testa | B. Riley Wealth |
| Jason Stewart | Janney Montgomery Scott LLC |
| Trevor Cranston | JMP Securities |