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
Orchid 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 27Orchid Island Capital: Bankruptcy Appears Likely As Rate-Shock Worsens
Oct 11Orchid Island Capital: Finally Not Awful
Sep 20Orchid Island Capital declares $0.16 dividend
Sep 12Orchid Island Capital: Insolvency Risks Grow As Fed Considers MBS Sales
Aug 24Orchid Island Capital announces 1-for-5 reverse stock split, monthly dividend
Aug 17Orchid Island Capital declares $0.045 dividend
Jul 13Orchid Island Capital: Tempting 18% Yield But Stay Far Away From This Island!
Jun 03Financial Position Analysis
Short Term Liabilities: ORC's short term assets ($231.7M) do not cover its short term liabilities ($3.7B).
Long Term Liabilities: ORC's short term assets ($231.7M) exceed its long term liabilities ($677.0K).
Debt to Equity History and Analysis
Debt Level: ORC's net debt to equity ratio (728.5%) is considered high.
Reducing Debt: ORC'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 ORC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORC 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.