Orchid Common Stock Shares Outstanding vs Net Tangible Assets Analysis
ORC Stock | USD 8.60 0.02 0.23% |
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 Common Stock Shares Outstanding and its Net Tangible Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Common Stock Shares Outstanding vs Net Tangible Assets
Common Stock Shares Outstanding vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orchid Island Capital Common Stock Shares Outstanding account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Orchid Island's Common Stock Shares Outstanding and Net Tangible Assets is 0.63. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Tangible Assets 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 Common Stock Shares Outstanding and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Orchid Island Capital are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Orchid Island's Common Stock Shares Outstanding and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 tightly coupled 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
Click cells to compare fundamentals
Orchid Island Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orchid Island fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 4.1B | 7.1B | 3.9B | 4.3B | 3.0B | |
Other Current Liab | (11.1M) | (1.2M) | (788K) | (9.2M) | (3.7B) | (3.5B) | |
Total Current Liabilities | 11.1M | 1.2M | 788K | 9.2M | 3.7B | 3.9B | |
Total Stockholder Equity | 395.5M | 415.3M | 768.1M | 438.8M | 469.9M | 327.5M | |
Net Debt | 3.2B | 3.4B | 5.9B | 3.2B | 3.5B | 3.7B | |
Retained Earnings | (20.1M) | (18.0M) | (82.8M) | (341.2M) | (380.4M) | (361.4M) | |
Accounts Payable | 11.1M | 1.2M | 788K | 9.2M | 7.9M | 8.3M | |
Cash | 278.7M | 220.1M | 385.1M | 205.7M | 200.3M | 151.8M | |
Non Current Assets Total | 6.6M | 7.0M | 37.2M | 36.4M | 4.0B | 4.3B | |
Non Currrent Assets Other | (3.6B) | (3.7B) | (37.2M) | (36.4M) | 149.3M | 141.8M | |
Other Assets | 3.6B | 3.8B | 6.6B | 3.6B | (120.4M) | (114.4M) | |
Cash And Short Term Investments | 278.7M | 220.1M | 385.1M | 205.7M | 349.1M | 366.6M | |
Net Receivables | 12.4M | 10.1M | 18.9M | 11.5M | 15.0M | 27.2M | |
Common Stock Total Equity | 631K | 761K | 1.8M | 368K | 423.2K | 448.7K | |
Common Stock Shares Outstanding | 11.3M | 13.4M | 24.2M | 37.5M | 44.6M | 46.9M | |
Liabilities And Stockholders Equity | 3.9B | 4.1B | 7.1B | 3.9B | 4.3B | 3.0B | |
Other Stockholder Equity | 415.0M | 432.5M | 849.1M | 779.6M | 849.8M | 892.3M | |
Total Liab | 11.1M | 1.2M | 788K | 3.4B | 3.8B | 4.0B | |
Total Current Assets | 291.1M | 230.3M | 404.0M | 217.2M | 335.7M | 302.4M | |
Common Stock | 631K | 761K | 1.8M | 368K | 516K | 457.2K | |
Net Tangible Assets | 395.5M | 415.3M | 768.1M | 438.8M | 504.6M | 368.0M | |
Retained Earnings Total Equity | (20.1M) | (18.0M) | (82.8M) | (341.2M) | (307.1M) | (291.7M) | |
Non Current Liabilities Total | 38.5M | 47.2M | 56.5M | 9.2M | 89.4M | 84.9M | |
Capital Surpluse | 415.0M | 432.5M | 849.1M | 779.6M | 896.5M | 941.4M | |
Non Current Liabilities Other | 3.5B | 3.6B | 6.3B | 3.4B | 3.9B | 3.0B | |
Short Long Term Debt Total | 3.4B | 3.6B | 6.2B | 3.4B | 3.7B | 3.2B | |
Other Current Assets | (291.1M) | (309.6M) | (469.3M) | (248.7M) | (364.1M) | (345.9M) | |
Long Term Investments | 3.6B | 3.7B | 50.8M | 40.2M | 77.6M | 73.7M | |
Short Term Debt | 3.4B | 3.6B | 6.2B | 3.4B | 3.7B | 3.6B | |
Cash And Equivalents | 193.8M | 220.1M | 385.1M | 205.7M | 236.5M | 220.1M | |
Capital Stock | 631K | 761K | 1.8M | 368K | 516K | 831.8K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Orchid Island in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Orchid Island's short interest history, or implied volatility extrapolated from Orchid Island options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Orchid Stock analysis
When running Orchid Island's price analysis, check to measure Orchid Island's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orchid Island is operating at the current time. Most of Orchid Island's value examination focuses on studying past and present price action to predict the probability of Orchid Island's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orchid Island's price. Additionally, you may evaluate how the addition of Orchid Island to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Orchid Island's industry 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 1.68 | Earnings Share (0.60) | Revenue Per Share (0.12) | 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.