Orchid Non Currrent Assets Other vs Non Current Assets Total Analysis

ORC Stock  USD 7.57  0.17  2.20%   
Orchid Island financial indicator trend analysis is much more than just breaking down Orchid Island Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orchid Island Capital is a good investment. Please check the relationship between Orchid Island Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orchid Island Capital Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orchid Island's Non Currrent Assets Other and Non Current Assets Total is 0.4. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Orchid Island Capital, assuming nothing else is changed. The correlation between historical values of Orchid Island's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Orchid Island Capital are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Orchid Island's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Orchid Island's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orchid Island Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Orchid Island's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.1 B, whereas Selling General Administrative is forecasted to decline to about 1.8 M.

Orchid Island fundamental ratios Correlations

-0.180.181.00.75-0.360.460.950.23-0.50.790.850.190.90.570.860.31-0.210.910.330.99-0.380.140.821.00.96
-0.18-1.0-0.19-0.420.8-0.44-0.13-0.620.270.44-0.580.03-0.02-0.79-0.6-0.560.03-0.06-0.92-0.250.730.23-0.64-0.23-0.24
0.18-1.00.190.42-0.80.450.130.62-0.27-0.440.58-0.020.020.790.60.56-0.030.060.920.24-0.72-0.230.640.220.24
1.0-0.190.190.74-0.380.460.950.24-0.480.780.850.150.890.590.870.34-0.210.90.341.0-0.40.140.830.990.95
0.75-0.420.420.74-0.60.380.78-0.11-0.90.40.88-0.130.770.750.830.02-0.070.780.70.76-0.6-0.50.810.760.78
-0.360.8-0.8-0.38-0.6-0.62-0.31-0.380.410.17-0.65-0.01-0.14-0.96-0.75-0.640.06-0.17-0.87-0.420.990.31-0.81-0.39-0.41
0.46-0.440.450.460.38-0.620.520.4-0.290.150.630.260.160.650.590.6-0.140.180.440.48-0.620.120.640.470.49
0.95-0.130.130.950.78-0.310.520.07-0.620.770.880.060.890.530.810.17-0.170.90.310.95-0.340.050.760.950.95
0.23-0.620.620.24-0.11-0.380.40.070.4-0.130.310.35-0.040.390.40.85-0.13-0.010.350.27-0.310.570.420.250.2
-0.50.27-0.27-0.48-0.90.41-0.29-0.620.4-0.26-0.680.26-0.58-0.54-0.550.290.02-0.59-0.56-0.490.420.68-0.53-0.52-0.56
0.790.44-0.440.780.40.170.150.77-0.13-0.260.420.210.80.040.42-0.02-0.180.78-0.270.750.110.310.360.770.72
0.85-0.580.580.850.88-0.650.630.880.31-0.680.420.020.750.820.950.36-0.150.770.710.88-0.63-0.140.930.870.88
0.190.03-0.020.15-0.13-0.010.260.060.350.260.210.020.130.040.10.31-0.040.13-0.120.14-0.010.50.10.190.2
0.9-0.020.020.890.77-0.140.160.89-0.04-0.580.80.750.130.390.72-0.04-0.111.00.240.88-0.16-0.010.640.90.89
0.57-0.790.790.590.75-0.960.650.530.39-0.540.040.820.040.390.90.6-0.10.410.890.63-0.95-0.270.930.610.62
0.86-0.60.60.870.83-0.750.590.810.4-0.550.420.950.10.720.90.53-0.170.740.730.9-0.75-0.070.990.880.87
0.31-0.560.560.340.02-0.640.60.170.850.29-0.020.360.31-0.040.60.53-0.19-0.020.390.37-0.630.460.590.330.29
-0.210.03-0.03-0.21-0.070.06-0.14-0.17-0.130.02-0.18-0.15-0.04-0.11-0.1-0.17-0.19-0.11-0.03-0.220.07-0.14-0.17-0.21-0.15
0.91-0.060.060.90.78-0.170.180.9-0.01-0.590.780.770.131.00.410.74-0.02-0.110.270.89-0.19-0.020.670.910.9
0.33-0.920.920.340.7-0.870.440.310.35-0.56-0.270.71-0.120.240.890.730.39-0.030.270.39-0.82-0.50.750.370.37
0.99-0.250.241.00.76-0.420.480.950.27-0.490.750.880.140.880.630.90.37-0.220.890.39-0.440.120.860.990.95
-0.380.73-0.72-0.4-0.60.99-0.62-0.34-0.310.420.11-0.63-0.01-0.16-0.95-0.75-0.630.07-0.19-0.82-0.440.31-0.81-0.41-0.43
0.140.23-0.230.14-0.50.310.120.050.570.680.31-0.140.5-0.01-0.27-0.070.46-0.14-0.02-0.50.120.31-0.080.120.14
0.82-0.640.640.830.81-0.810.640.760.42-0.530.360.930.10.640.930.990.59-0.170.670.750.86-0.81-0.080.840.83
1.0-0.230.220.990.76-0.390.470.950.25-0.520.770.870.190.90.610.880.33-0.210.910.370.99-0.410.120.840.96
0.96-0.240.240.950.78-0.410.490.950.2-0.560.720.880.20.890.620.870.29-0.150.90.370.95-0.430.140.830.96
Click cells to compare fundamentals

Orchid Island Account Relationship Matchups

Orchid Island fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.1B7.1B3.9B4.3B3.0B
Other Current Liab(11.1M)(1.2M)(788K)(9.2M)(3.7B)(3.5B)
Total Current Liabilities11.1M1.2M788K9.2M3.7B3.9B
Total Stockholder Equity395.5M415.3M768.1M438.8M469.9M327.5M
Net Debt3.2B3.4B5.9B3.2B3.5B3.7B
Retained Earnings(20.1M)(18.0M)(82.8M)(341.2M)(380.4M)(361.4M)
Accounts Payable11.1M1.2M788K9.2M7.9M8.3M
Cash278.7M220.1M385.1M205.7M200.3M151.8M
Non Current Assets Total6.6M7.0M37.2M36.4M4.0B4.3B
Non Currrent Assets Other(7.5B)(7.8B)(7.1B)(3.9B)(4.1B)(3.9B)
Other Assets3.6B3.8B6.6B3.6B(120.4M)(114.4M)
Cash And Short Term Investments278.7M220.1M385.1M205.7M349.1M366.6M
Net Receivables12.4M10.1M18.9M11.5M15.0M27.2M
Common Stock Total Equity631K761K1.8M368K423.2K448.7K
Common Stock Shares Outstanding11.3M13.4M24.2M37.5M44.6M46.9M
Liabilities And Stockholders Equity3.9B4.1B7.1B3.9B4.3B3.0B
Other Stockholder Equity415.0M450.5M931.8M682.0M849.8M892.3M
Total Liab11.1M1.2M788K3.4B3.8B4.0B
Total Current Assets291.1M230.3M404.0M217.2M335.7M302.4M
Common Stock631K761K1.8M368K516K457.2K
Net Tangible Assets395.5M415.3M768.1M438.8M504.6M368.0M
Retained Earnings Total Equity(20.1M)(18.0M)(82.8M)(341.2M)(307.1M)(291.7M)
Non Current Liabilities Total38.5M47.2M56.5M9.2M89.4M84.9M
Capital Surpluse415.0M432.5M849.1M779.6M896.5M941.4M
Non Current Liabilities Other3.5B3.6B6.3B3.4B3.9B3.0B
Short Long Term Debt Total3.4B3.6B6.2B3.4B3.7B3.2B
Other Current Assets(291.1M)(309.6M)(469.3M)(248.7M)(364.1M)(345.9M)
Long Term Investments3.6B3.7B50.8M40.2M77.6M73.7M
Short Term Debt3.4B3.6B6.2B3.4B3.7B3.6B
Cash And Equivalents193.8M220.1M385.1M205.7M236.5M220.1M
Capital Stock631K761K1.8M368K516K831.8K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Orchid Island Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orchid Island's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orchid Island Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orchid Island Capital Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orchid Island. If investors know Orchid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orchid Island listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.179
Dividend Share
1.44
Earnings Share
1.22
Revenue Per Share
1.292
Quarterly Revenue Growth
1.755
The market value of Orchid Island Capital is measured differently than its book value, which is the value of Orchid that is recorded on the company's balance sheet. Investors also form their own opinion of Orchid Island's value that differs from its market value or its book value, called intrinsic value, which is Orchid Island's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orchid Island's market value can be influenced by many factors that don't directly affect Orchid Island's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orchid Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orchid Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orchid Island's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.